3 Bed Semi-Detached House, Refurb/BRRR, Middlesbrough, TS5 8JH, £175,000

Earlsdon Avenue, Acklam, TS5 8JH - 2 months ago

Sold STC
Refurb/BRRR
~93 m²
+7 photos

ValuationFair Value

Sold Prices£120K - £390K
Sold Prices/m²£1.5K/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£173,821

 

 

End Value (After Refurb)

£191,096

Uplift in Value

+9%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Refurb Costs

£36,697

Bridging Loan Interest

£4,594

Total Cash In

£93,241

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£191,096

Mortgage (After Refinance)

£143,322

Mortgage LTV

75%

Cash Released

£12,072

Cash Left In

£81,169

Equity

£47,774

Rent Range

£410 - £950

Rent Estimate

£747

Running Costs/mo

£767

Cashflow/mo

£-20

Cashflow/yr

£-235

Gross Yield

5%

Local Sold Prices

50 sold prices from £120K to £390K, average is £168.5K. £1.5K/m² to £2.8K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£182.5K12/230 mi27, Earlsdon Avenue, Middlesbrough TS5 8JH3
£170K11/230 mi29, Earlsdon Avenue, Middlesbrough TS5 8JH3
£155K12/200.05 mi25, Cotherstone Drive, Middlesbrough TS5 8JJ3
£168K08/210.06 mi21, Gatenby Drive, Middlesbrough TS5 8JL3
£140K04/230.06 mi17, Gatenby Drive, Middlesbrough TS5 8JL3
£132.5K01/210.13 mi1, Wolsingham Drive, Middlesbrough TS5 8JU3
£160K05/240.13 mi34, Sedgefield Road, Middlesbrough TS5 8JP3
£224.9K05/210.13 mi8, Sedgefield Road, Middlesbrough TS5 8JP3
£237K08/230.13 mi8, Sedgefield Road, Middlesbrough TS5 8JP3
£120K07/230.13 mi11, Greatham Close, Middlesbrough TS5 8JY3
£210K08/210.14 mi1, Runswick Avenue, Middlesbrough TS5 8JS3
£152K08/230.14 mi3, Runswick Avenue, Middlesbrough TS5 8JS3
£140K11/210.17 mi30, Malvern Drive, Middlesbrough TS5 8JB3
£238K03/210.17 mi6, Malvern Drive, Middlesbrough TS5 8JB3
£169.9K04/230.17 mi27, Mainsforth Drive, Middlesbrough TS5 8JZ3
£195K11/200.17 mi4, Holbeck Avenue, Middlesbrough TS5 8DS3
£187.5K04/240.18 mi16, Ledbury Drive, Middlesbrough TS5 8ES3
£148K11/210.2 mi67, Carlbury Avenue, Middlesbrough TS5 8SY3
£175K08/210.2 mi110, Carlbury Avenue, Middlesbrough TS5 8SY3
£180K11/210.21 mi38, The Oval, Middlesbrough TS5 8HR3
£210.3K01/240.21 mi101, The Oval, Middlesbrough TS5 8HR3
£270K07/230.21 mi2, Urlay Grove, Middlesbrough TS5 8LB3
£150K11/200.22 mi64, Runswick Avenue, Middlesbrough TS5 8HY3
£172K05/230.22 mi66, Runswick Avenue, Middlesbrough TS5 8HY3
£160K12/230.22 mi23, Birtley Avenue, Middlesbrough TS5 8LA3
£165K12/200.22 mi42, Birtley Avenue, Middlesbrough TS5 8LA3
£218K01/230.23 mi85, The Oval, Middlesbrough TS5 8HR3
£130K06/210.24 mi18, Brafferton Walk, Middlesbrough TS5 8SW3
£155K01/230.24 mi14, Brafferton Walk, Middlesbrough TS5 8SW3
£156K05/230.24 mi26, Brafferton Walk, Middlesbrough TS5 8SW3
£125K11/200.24 mi18, Brafferton Walk, Middlesbrough TS5 8SW3
£152.5K03/230.24 mi10, Brafferton Walk, Middlesbrough TS5 8SW3
£169K02/210.24 mi9, The Oval, Middlesbrough TS5 8EU3
£143K09/230.27 mi5, Throckley Avenue, Middlesbrough TS5 8LG3
£167.5K09/230.27 mi24, Throckley Avenue, Middlesbrough TS5 8LG3
£260K11/200.27 mi488, Acklam Road, Middlesbrough TS5 8BD3
£214K08/230.28 mi33, Cradley Drive, Middlesbrough TS5 8HF3
£166.5K01/210.29 mi75, The Oval, Middlesbrough TS5 8EZ3
£132K06/230.29 mi8, Geltsdale, Middlesbrough TS5 8TF3
£155K11/230.29 mi17, Geltsdale, Middlesbrough TS5 8TF3
£279.9K12/200.29 mi423, Acklam Road, Middlesbrough TS5 7HB3
£390K11/230.29 mi465, Acklam Road, Middlesbrough TS5 7HB3
£205K10/230.29 mi34, The Oval, Middlesbrough TS5 8EZ3
£174K01/240.29 mi30, The Oval, Middlesbrough TS5 8EZ3
£180K09/220.29 mi11, Hartforth Avenue, Middlesbrough TS5 8SH3
£125K05/210.3 mi10, Hartburn Court, Middlesbrough TS5 8SJ3
£150K11/210.32 mi27, Samaria Gardens, Middlesbrough TS5 8DF3
£132K04/230.33 mi8, Martindale, Middlesbrough TS5 8TE3
£195.3K12/230.33 mi59, Staindrop Drive, Middlesbrough TS5 8NU3
£370K11/220.34 mi81, Low Lane, Middlesbrough TS5 8EG3

Local Rents

37 rents from £410/mo to £950/mo, average is £840/mo.

RentDateDistanceAddressBeds 
£80002/240.24 mi-3
£79507/230.25 mi-3
£75010/240.26 mi-3
£85003/250.34 mi-3
£84010/240.39 mi-3
£85010/240.58 miTrimdon Avenue, Middlesbrough3
£85001/250.59 mi-3
£95003/250.78 mi-3
£90010/240.82 miConiston Grove, Middlesbrough3
£49902/240.87 mi-3
£49910/240.87 mi-3
£95005/240.92 mi-3
£62509/240.92 mi-3
£90010/240.93 miEnnerdale Avenue, Middlesbrough, North Yorkshire, TS53
£95010/240.98 miStrait Lane, Stainton3
£89504/241.01 mi-3
£79510/241.01 miDales Park Road, Hemlington3
£79510/241.01 mi-3
£85003/251.01 mi-3
£85003/251.01 mi-3
£85001/251.01 mi-3
£85010/241.03 mi-3
£80010/241.03 mi-3
£95003/251.05 mi-3
£75002/241.05 mi-3
£41001/251.06 mi-3
£41002/251.06 mi-3
£41003/251.06 mi-3
£70010/241.1 miFaygate Court, Hemlington, Middlesbrough3
£67510/241.14 miBurghley Court, Hemlington, Middlesbrough, TS83
£67510/241.14 mi-3
£65010/241.17 mi-3
£85003/251.19 mi-3
£80004/251.2 mi-3
£85008/241.24 mi-3
£85009/241.24 mi-3
£85003/251.24 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

2.65 miles away

Nearest school

0.30 miles away

Nearest train station

2.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £175,000

February 18, 2025

Floor Plans

Description

  • Recently renovated – move straight in! +
  • Perfect for first-time buyers or young families. +
  • Modern, stylish interior with a fresh feel. +
  • No onward chain for a smooth purchase. +
  • Light-filled, spacious rooms throughout. +
  • Well-maintained and beautifully presented. +

About this property… Step into this beautifully presented modern family home, offering a light and airy feel throughout. With a full renovation in 2012, this stylish property is perfect for first-time buyers and young families looking for a hassle-free home.  During the properties renovations in 2012 the property had a full electrical rewire and has since had a new boiler installed in January 2021. With no onward chain and full painting and decorating carried out in january 2025, you can enjoy a stress-free move into a well-maintained space with a sleek, modern interior. Thoughtfully designed to maximize comfort and style, this home is an opportunity not to be missed! Entrance Hallway PVCu double-glazed entry door, staircase leading to the first floor with storage beneath. Ground floor WC White suite comprising of a hand wash basin and a close-coupled WC with button flush. Lounge dinner Front aspect PVCu double-glazed bay window and rear aspect PVCu double-glazed French-style doors lead to the rear garden patio area. Kitchen Comprising an attractive range of fitted white-gloss base and wall units with matching wood-effect work surfaces and coordinated white-tiled splashbacks. Appliances to include: integrated dishwasher; sink with a drainer; rinse bowl and mixer tap; single electric oven; four-ring electric hob with an extractor hood above—space for dining table. PVCu double-glazed doors open onto the rear garden. First floor Bedroom one Front aspect PVCu double-glazed window. Bedroom two Rear aspect PVCu double-glazed window. Bedroom three Front aspect PVCu double-glazed window. Bathroom White suite comprising: wall-mounted wash hand basin incorporating storage beneath with mixer tap, panelled bath with a mixer tap and wall-mounted mains shower above and close coupled WC with concealed cistern and button flush. Chrome heated towel rail. Externally In 2021 the property has had new gutters, facias and sofits replaced. Parking The driveway provides off-street parking. Single Garage Up-and-over entry door. To the rear is PVCu double-glazed French-style doors leading to the rear garden. Garden Mainly lawn with gravelled and patio area and mature planted border with fenced boundaries. General information Local authority: Middlesbrough Council tax band: C Tenure: Freehold Disclaimer Harvey Brooks Properties Ltd (the Company). The Company for itself and for the vendor(s) or lessor(s) of this property for whom it acts as Agents gives notice that: (i) The particulars are a general outline only for the guidance of intending purchasers or lessees and do not constitute an offer or contract (ii) All descriptions are given in good faith and are believed to be correct, but any prospective purchasers or lessees should not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness (iii) All measurements of rooms contained within these particulars should be taken as approximate and it is the responsibility of the prospective purchaser or lessee or his professional advisor to determine the exact measurements and details as required prior to Contract (iv) None of the property's services or service installations have been tested and are not warranted to be in working order (v) No employee of the Company has any authority to make or give any representation or warranty whatsoever in relation to the property.

Agent Details

Harvey Brooks, Marton

01642 056339

Next Steps?

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