3 Bed Terraced House, Single Let, Stockton-on-Tees, TS17 6HH, £55,000

Victoria Road, Thornaby, Stockton-on-Tees, Durham, TS17 6HH - 3 views - 2 months ago

Sold STC
Auction
BTL
ROI: 21%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£40K - £135K
Sold Prices/m²£405/m² - £1.5K/m²

 

 

Square Metres

~93 m²
Price/m²£591/m²

Value Estimate

£72,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£3,000

Total Cash In

£16,750

 

 

Cash Out

 

Rent Range

£600 - £900

Rent Estimate

£647

Running Costs/mo

£321

Cashflow/mo

£326

Cashflow/yr

£3,909

ROI

23%

Gross Yield

14%

Local Sold Prices

50 sold prices from £40K to £135K, average is £75K. £405/m² to £1.5K/m², average is £821/m².

PriceDateDistanceAddressBeds 
£58.5K11/230.04 mi70, Victoria Road, Thornaby, Stockton-on-tees TS17 6HH3
£75K10/230.04 mi44, Victoria Road, Thornaby, Stockton-on-tees TS17 6HH3
£86K04/230.06 mi39, St Pauls Road, Thornaby, Stockton-on-tees TS17 6LH3
£71K08/210.1 mi49, Grange Road, Thornaby, Stockton-on-tees TS17 6LT3
£92.5K06/210.11 mi197, Thornaby Road, Thornaby, Stockton-on-tees TS17 6LS3
£98K01/230.12 mi2, Grange Road, Thornaby, Stockton-on-tees TS17 6LU3
£84K01/240.12 mi13, Church Close, Thornaby, Stockton-on-tees TS17 6LB3
£50K01/240.12 mi3, Oxford Road, Thornaby, Stockton-on-tees TS17 6LJ3
£42.5K12/200.15 mi26, Stranton Street, Stockton-on-tees TS17 6LL3
£40K12/200.15 mi8, Stranton Street, Stockton-on-tees TS17 6LL3
£67.5K03/230.15 mi59, Stranton Street, Thornaby, Stockton-on-tees TS17 6LN3
£60K10/200.15 mi22, Lanehouse Road, Thornaby, Stockton-on-tees TS17 8AG3
£88K11/230.15 mi8, Lanehouse Road, Thornaby, Stockton-on-tees TS17 8AG3
£92.5K08/230.15 mi27, Cuthbert Close, Thornaby, Stockton-on-tees TS17 6PJ3
£73K11/230.16 mi32, Peel Street, Thornaby, Stockton-on-tees TS17 6HL3
£57K03/210.19 mi17, Scarborough Street, Thornaby, Stockton-on-tees TS17 6HR3
£57K03/210.19 mi17, Scarborough Street, Thornaby, Stockton-on-tees TS17 6HR3
£57K03/210.19 mi17, Scarborough Street, Thornaby, Stockton-on-tees TS17 6HR3
£82K02/230.19 mi36, Lanehouse Road, Thornaby, Stockton-on-tees TS17 8AD3
£67.9K11/210.2 mi162, Westbury Street, Thornaby, Stockton-on-tees TS17 6NB3
£80K09/230.2 mi40, Chestnut Grove, Thornaby, Stockton-on-tees TS17 8AJ3
£68.5K03/230.23 mi23, Roseberry View, Thornaby, Stockton-on-tees TS17 7HP3
£51K10/230.23 mi2, Linden Grove, Thornaby, Stockton-on-tees TS17 8DR3
£75K08/230.25 mi4, Fir Grove, Thornaby, Stockton-on-tees TS17 8DN3
£48K04/210.26 mi23, Falkirk Street, Thornaby, Stockton-on-tees TS17 7HT3
£58K12/200.26 mi33, Camelon Street, Thornaby, Stockton-on-tees TS17 7HU3
£63K05/210.26 mi27, Camelon Street, Thornaby, Stockton-on-tees TS17 7HU3
£64K01/210.28 mi19, Thorntree Road, Thornaby, Stockton-on-tees TS17 8AW3
£70K10/230.29 mi101, Mansfield Avenue, Thornaby, Stockton-on-tees TS17 7HZ3
£55K02/210.3 mi9, Easton Street, Thornaby, Stockton-on-tees TS17 7DQ3
£55K02/210.3 mi9, Easton Street, Thornaby, Stockton-on-tees TS17 7DQ3
£127.5K03/210.31 mi70, Lanehouse Road, Thornaby, Stockton-on-tees TS17 8EA3
£112.5K06/230.33 mi10, The Avenue, Thornaby, Stockton-on-tees TS17 7JF3
£85K08/230.35 mi33, Gilpin Road, Thornaby, Stockton-on-tees TS17 8PF3
£120K10/230.35 mi282, Thornaby Road, Thornaby, Stockton-on-tees TS17 8PE3
£55K08/230.36 mi55, Mansfield Avenue, Thornaby, Stockton-on-tees TS17 7EG3
£95K09/210.39 mi16, Danby Grove, Thornaby, Stockton-on-tees TS17 8BX3
£83K10/210.39 mi15, Danby Grove, Thornaby, Stockton-on-tees TS17 8BX3
£88K03/230.39 mi10, Danby Grove, Thornaby, Stockton-on-tees TS17 8BX3
£95K06/210.39 mi15, Park Avenue, Thornaby, Stockton-on-tees TS17 7JN3
£73.5K05/210.39 mi5, Park Avenue, Thornaby, Stockton-on-tees TS17 7JN3
£95K03/210.39 mi11, Park Avenue, Thornaby, Stockton-on-tees TS17 7JN3
£50K09/210.4 mi5, Heslop Street, Thornaby, Stockton-on-tees TS17 7HA3
£100K07/210.42 mi12, Belvedere Road, Thornaby, Stockton-on-tees TS17 7JH3
£95K03/210.43 mi5, Sandringham Road, Thornaby, Stockton-on-tees TS17 7JW3
£135K02/210.44 mi303, Thornaby Road, Thornaby, Stockton-on-tees TS17 8PH3
£92.5K06/230.44 mi8, Hough Crescent, Thornaby, Stockton-on-tees TS17 8PQ3
£93K05/210.45 mi10, The Crescent, Thornaby, Stockton-on-tees TS17 8BD3
£110K03/230.45 mi22, Balmoral Avenue, Thornaby, Stockton-on-tees TS17 7JP3
£107.5K10/200.46 mi18, Caspian Close, Thornaby, Stockton-on-tees TS17 8GU3

Local Rents

17 rents from £600/mo to £900/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£69510/240.06 miSt. Pauls Road, TS173
£70002/240.08 mi-3
£75011/240.08 mi-3
£70003/250.1 mi-3
£60010/240.14 miHavelock Street, TS173
£75003/250.2 mi-3
£65010/240.26 miFalkirk Street, Thornaby3
£65003/250.26 mi-3
£75010/240.32 mi85 Mansfield Avenue, TS173
£85001/250.35 mi-3
£65010/240.38 mi-3
£77510/240.51 mi-3
£79510/240.51 miLindisfarne Avenue, Stockton-On-Tees3
£88510/240.52 mi-3
£85010/240.54 miLindisfarne Avenue, Thornaby, STOCKTON-ON-TEES3
£62510/240.57 miBriar Road,Thornaby,TS17 8NF3
£90007/240.6 mi-3

Local Area Statistics

Population in TS17

44,647

Population in Stockton-on-Tees

149,709

Town centre distance

1.65 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Price changed to £55,000

March 8, 2025

Listed for £60,000

February 17, 2025

Floor Plans

Description

  • Two Reception Rooms +
  • Ideal Location For Convenience and Accessibility. +
  • Three Good Size Bedrooms +
  • Great Opportunity for Buyers Looking to Modernise +

TO BE SOLD VIA ONLINE AUCTION (17/03/2025 12:00) FEES APPLY

Charming Three-Bedroom Mid-Terrace Home with Great Potential

Located on Victoria Road in Thornaby, Stockton-on-Tees, with local amenities, schools, and excellent transport links nearby, including easy access to Stockton town centre and the A66, this home is ideally situated for convenience and connectivity.

This home presents a fantastic opportunity for buyers looking to modernise. Offering spacious interiors that briefly comprises Entrance, hallway, dining area, lounge, kitchen, family bathroom and three generously sized bedrooms Externally, the property benefits from a private rear yard, while the front aspect enjoys a classic terrace-style setting. This property is perfect for first-time buyers, families, or investors seeking a rewarding project.

Don’t miss the chance to put your stamp on this promising property and call the Stockton branch today to arrange a viewing today!

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Stockton-On-Tees

01642 056281

Next Steps?

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