3 Bed Semi-Detached House, Single Let, Middlesbrough, TS5 4GW, £140,000

Queensbury Grove, Acklam Gardens, TS5 4GW - 2 months ago

Sold STC
BTL
ROI: 7%
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£46K - £190K
Sold Prices/m²£569/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£115,429

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£850 - £1,050

Rent Estimate

£850

Running Costs/mo

£628

Cashflow/mo

£223

Cashflow/yr

£2,670

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £46K to £190K, average is £109K. £569/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£92K05/210.13 mi24, Greenland Avenue, Middlesbrough TS5 4JJ3
£80K06/210.2 mi44, Greenland Avenue, Middlesbrough TS5 4JW3
£95K04/230.2 mi61, Greenland Avenue, Middlesbrough TS5 4JW3
£85K12/200.21 mi41, Acklam Road, Middlesbrough TS5 5HD3
£111K01/230.21 mi29, Acklam Road, Middlesbrough TS5 5HD3
£88K04/210.26 mi53, Westbourne Road, Middlesbrough TS5 5BH3
£117.5K03/230.26 mi106, Hambledon Road, Middlesbrough TS5 5EF3
£108K01/210.26 mi120, Hambledon Road, Middlesbrough TS5 5EF3
£110.1K06/210.27 mi207, Oxford Road, Middlesbrough TS5 5EG3
£126.3K11/210.27 mi191, Oxford Road, Middlesbrough TS5 5EG3
£110K11/200.27 mi203, Oxford Road, Middlesbrough TS5 5EG3
£140K04/240.27 mi177, Oxford Road, Middlesbrough TS5 5EG3
£147.5K12/200.28 mi16, Williams Avenue, Middlesbrough TS5 5EH3
£171K02/230.29 mi16, Fairfield Avenue, Middlesbrough TS5 5HB3
£145K02/210.29 mi176, Oxford Road, Middlesbrough TS5 5EJ3
£92K12/200.31 mi33, Collinson Avenue, Middlesbrough TS5 4QH3
£71.5K11/200.32 mi2, Lydbrook Road, Middlesbrough TS5 4NR3
£46K06/210.32 mi18, Lydbrook Road, Middlesbrough TS5 4NR3
£46K12/200.32 mi21, Lydbrook Road, Middlesbrough TS5 4NR3
£87K02/240.32 mi78, Northern Road, Middlesbrough TS5 4NS3
£117.5K12/200.34 mi26, Balfour Terrace, Middlesbrough TS5 5HY3
£115K01/210.35 mi48, Westbourne Road, Middlesbrough TS5 5BJ3
£115K07/230.35 mi32, Westbourne Road, Middlesbrough TS5 5BJ3
£104K06/230.36 mi24, Stratford Crescent, Middlesbrough TS5 4PQ3
£110K01/210.37 mi12, Castleton Avenue, Middlesbrough TS5 5JA3
£125K04/210.37 mi14, Castleton Avenue, Middlesbrough TS5 5JA3
£152K09/230.37 mi24, Castleton Avenue, Middlesbrough TS5 5JA3
£100K07/230.37 mi16, Northern Road, Middlesbrough TS5 4NU3
£110K11/210.37 mi40, Ashford Avenue, Middlesbrough TS5 4QW3
£122.5K04/210.37 mi24, Castleton Avenue, Middlesbrough TS5 5JA3
£64K01/210.37 mi12, Beadon Grove, Middlesbrough TS5 4NT3
£70K01/230.37 mi79, Maldon Road, Middlesbrough TS5 4PG3
£93.5K07/210.38 mi53, Endsleigh Drive, Middlesbrough TS5 4RQ3
£135K07/230.39 mi21, Priory Road, Middlesbrough TS5 4RF3
£92K12/230.39 mi7, Priory Road, Middlesbrough TS5 4RF3
£100K07/230.39 mi23, Studley Road, Middlesbrough TS5 5BW3
£82K02/210.4 mi29, Manton Avenue, Whinney Banks, Middlesbrough TS5 4QB3
£64K04/230.4 mi8, Northern Road, Middlesbrough TS5 4PB3
£105.5K09/210.4 mi42, Hambledon Road, Middlesbrough TS5 5ED3
£112K05/230.4 mi32, Hambledon Road, Middlesbrough TS5 5ED3
£106K01/240.4 mi25, Alton Road, Middlesbrough TS5 4NX3
£180K10/220.4 mi14, Appleton Road, Middlesbrough TS5 5HX3
£73.5K12/220.4 mi6, Alton Road, Middlesbrough TS5 4NX3
£80K11/200.41 mi4, Manton Avenue, Whinney Banks, Middlesbrough TS5 4QA3
£118K10/210.41 mi59, Studley Road, Middlesbrough TS5 5BP3
£97K12/230.41 mi8, Price Avenue, Middlesbrough TS5 4PU3
£170K01/230.42 mi27, Barker Road, Middlesbrough TS5 5EW3
£168K01/240.42 mi21, Barker Road, Middlesbrough TS5 5EW3
£110K02/230.42 mi57, Barker Road, Middlesbrough TS5 5EW3
£190K02/240.42 mi56, Barker Road, Middlesbrough TS5 5ES3

Local Rents

14 rents from £850/mo to £1.1K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£99510/240.13 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.19 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.19 miAcklam Gardens, Middlesbrough, TS53
£85004/250.2 mi-3
£95003/250.24 mi-3
£1,01510/240.27 miAcklam Gardens, Middlesbrough, TS53
£1,05010/240.29 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.31 miAcklam Gardens, Middlesbrough, TS53
£85010/240.33 mi-3
£85010/240.33 miMiddlesbrough, Middlesbrough, TS53
£90004/250.41 mi-3
£85008/240.49 mi-3
£85009/240.49 mi-3
£85003/250.49 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

3 miles away

Nearest school

0.30 miles away

Nearest train station

1.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £140,000

February 16, 2025

Floor Plans

Description

  • Modern & Nicely Decorated Gleeson Built Semi Detached House with Three Bedrooms +
  • Several Years Still Remain on the NHBC Builders Warranty +
  • Lounge, Handy Downstairs Toilet & Kitchen/Diner with Modern High Gloss Units +
  • UPVC Double Glazing & Central Heating with an Ideal Logic Combi Boiler +
  • Off Street Parking for Two Cars +
  • Very Easy to Just Move Straight Into +

An ideal home for young families, first time purchasers and 'Buy-to-Let' landlords alike. This very modern, nicely decorated three bedroom example is a most welcome addition to what is currently available.

A straightforward chain free sale and very easy to move into! It has off street parking for two cars, a good size rear garden, UPVC double glazing and central heating with a combi boiler. There are also several years still remaining on the NHBC builders’ warranty.

Comprising briefly entrance hall, lounge, a handy downstairs toilet and kitchen/diner with modern high gloss style units and built-in oven and hob. The first floor has three good size bedrooms and bathroom with a modern white suite.

Tenure - Freehold

Council Tax Band B

Agent Details

Michael Poole, Middlesbrough

01642 049224

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪