3 Bed Terraced House, Single Let, Stockton-on-Tees, TS17 7EG, £49,950

Mansfield Avenue, Thornaby, TS17 7EG - 2 views - 2 months ago

Auction
BTL
ROI: 22%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£40K - £160K
Sold Prices/m²£405/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£537/m²

Value Estimate

£71,955
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,488

Stamp Duty & Legal Fees

£2,955

Total Cash In

£15,443

 

 

Cash Out

 

Rent Range

£600 - £950

Rent Estimate

£650

Running Costs/mo

£306

Cashflow/mo

£344

Cashflow/yr

£4,127

ROI

27%

Gross Yield

16%

Local Sold Prices

50 sold prices from £40K to £160K, average is £78.5K. £405/m² to £1.9K/m², average is £833/m².

PriceDateDistanceAddressBeds 
£55K08/230.02 mi55, Mansfield Avenue, Thornaby, Stockton-on-tees TS17 7EG3
£55K02/210.07 mi9, Easton Street, Thornaby, Stockton-on-tees TS17 7DQ3
£55K02/210.07 mi9, Easton Street, Thornaby, Stockton-on-tees TS17 7DQ3
£50K09/210.1 mi5, Heslop Street, Thornaby, Stockton-on-tees TS17 7HA3
£70K10/230.13 mi101, Mansfield Avenue, Thornaby, Stockton-on-tees TS17 7HZ3
£68.5K03/230.16 mi23, Roseberry View, Thornaby, Stockton-on-tees TS17 7HP3
£57K03/210.18 mi17, Scarborough Street, Thornaby, Stockton-on-tees TS17 6HR3
£57K03/210.18 mi17, Scarborough Street, Thornaby, Stockton-on-tees TS17 6HR3
£57K03/210.18 mi17, Scarborough Street, Thornaby, Stockton-on-tees TS17 6HR3
£95K06/210.18 mi15, Park Avenue, Thornaby, Stockton-on-tees TS17 7JN3
£73.5K05/210.18 mi5, Park Avenue, Thornaby, Stockton-on-tees TS17 7JN3
£95K03/210.18 mi11, Park Avenue, Thornaby, Stockton-on-tees TS17 7JN3
£73K11/230.2 mi32, Peel Street, Thornaby, Stockton-on-tees TS17 6HL3
£92.5K08/230.2 mi27, Cuthbert Close, Thornaby, Stockton-on-tees TS17 6PJ3
£58K12/200.21 mi33, Camelon Street, Thornaby, Stockton-on-tees TS17 7HU3
£63K05/210.21 mi27, Camelon Street, Thornaby, Stockton-on-tees TS17 7HU3
£112.5K06/230.21 mi10, The Avenue, Thornaby, Stockton-on-tees TS17 7JF3
£48K04/210.22 mi23, Falkirk Street, Thornaby, Stockton-on-tees TS17 7HT3
£134K02/210.24 mi100, Acklam Road, Thornaby, Stockton-on-tees TS17 7JR3
£110K03/230.25 mi22, Balmoral Avenue, Thornaby, Stockton-on-tees TS17 7JP3
£67.9K11/210.25 mi162, Westbury Street, Thornaby, Stockton-on-tees TS17 6NB3
£42.5K12/200.25 mi26, Stranton Street, Stockton-on-tees TS17 6LL3
£40K12/200.25 mi8, Stranton Street, Stockton-on-tees TS17 6LL3
£95K03/210.26 mi5, Sandringham Road, Thornaby, Stockton-on-tees TS17 7JW3
£50K01/240.26 mi3, Oxford Road, Thornaby, Stockton-on-tees TS17 6LJ3
£100K07/210.27 mi12, Belvedere Road, Thornaby, Stockton-on-tees TS17 7JH3
£127.5K03/210.31 mi70, Lanehouse Road, Thornaby, Stockton-on-tees TS17 8EA3
£67.5K03/230.31 mi59, Stranton Street, Thornaby, Stockton-on-tees TS17 6LN3
£86K04/230.31 mi39, St Pauls Road, Thornaby, Stockton-on-tees TS17 6LH3
£58.5K11/230.32 mi70, Victoria Road, Thornaby, Stockton-on-tees TS17 6HH3
£75K10/230.32 mi44, Victoria Road, Thornaby, Stockton-on-tees TS17 6HH3
£95K09/210.35 mi16, Danby Grove, Thornaby, Stockton-on-tees TS17 8BX3
£83K10/210.35 mi15, Danby Grove, Thornaby, Stockton-on-tees TS17 8BX3
£88K03/230.35 mi10, Danby Grove, Thornaby, Stockton-on-tees TS17 8BX3
£82K02/230.36 mi36, Lanehouse Road, Thornaby, Stockton-on-tees TS17 8AD3
£149.9K07/210.36 mi4, Taransay View, Thornaby, Stockton-on-tees TS17 8GD3
£145K03/210.36 mi9, Taransay View, Thornaby, Stockton-on-tees TS17 8GD3
£160K08/230.36 mi4, Taransay View, Thornaby, Stockton-on-tees TS17 8GD3
£71K08/210.38 mi49, Grange Road, Thornaby, Stockton-on-tees TS17 6LT3
£150K03/240.39 mi37, Orkney Way, Thornaby, Stockton-on-tees TS17 8GE3
£160K04/230.39 mi4, Orkney Way, Thornaby, Stockton-on-tees TS17 8GE3
£98K01/230.4 mi2, Grange Road, Thornaby, Stockton-on-tees TS17 6LU3
£64K01/210.41 mi19, Thorntree Road, Thornaby, Stockton-on-tees TS17 8AW3
£150K06/210.44 mi7, Lindisfarne Avenue, Thornaby, Stockton-on-tees TS17 8GJ3
£155K11/230.44 mi1, Lindisfarne Avenue, Thornaby, Stockton-on-tees TS17 8GJ3
£133K10/230.44 mi6, Lindisfarne Avenue, Thornaby, Stockton-on-tees TS17 8GJ3
£92.5K06/210.44 mi197, Thornaby Road, Thornaby, Stockton-on-tees TS17 6LS3
£75K08/230.45 mi4, Fir Grove, Thornaby, Stockton-on-tees TS17 8DN3
£60K10/200.45 mi22, Lanehouse Road, Thornaby, Stockton-on-tees TS17 8AG3
£88K11/230.45 mi8, Lanehouse Road, Thornaby, Stockton-on-tees TS17 8AG3

Local Rents

19 rents from £600/mo to £950/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£85001/250 mi-3
£75010/240.06 mi85 Mansfield Avenue, TS173
£65010/240.1 mi-3
£75003/250.17 mi-3
£65003/250.17 mi-3
£60010/240.21 miHavelock Street, TS173
£65010/240.22 miFalkirk Street, Thornaby3
£70003/250.28 mi-3
£70002/240.28 mi-3
£75011/240.28 mi-3
£69510/240.31 miSt. Pauls Road, TS173
£88510/240.34 mi-3
£79510/240.43 miLindisfarne Avenue, Stockton-On-Tees3
£85010/240.44 miLindisfarne Avenue, Thornaby, STOCKTON-ON-TEES3
£90007/240.54 mi-3
£85003/250.55 mi-3
£95010/240.55 mi-3
£89503/250.55 mi-3
£65010/240.58 miLansdowne Road, Stockton-On-Tees3

Local Area Statistics

Population in TS17

44,647

Population in Stockton-on-Tees

149,709

Town centre distance

1.72 miles away

Nearest school

0.20 miles away

Nearest train station

0.34 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 £49,950

March 28, 2025

Listed for £58,500

February 20, 2025

Description

  • Upstairs Bathroom +
  • Recently Renovated +
  • Three Bedrooms +
  • Modern Fitted Kitchen +
  • Street Parking +
  • Utility Room +

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer.

Recently updated throughout this three bedroom mid terrace property has come to the market with no forward chain. The property comprises of an entrance hallway, a spacious open plan lounge, kitchen area and utility room on the ground floor. The upper level offers three bedrooms and a modern bathroom. External: On street parking and rear enclosed yard. Excellent investment or first time buyer purchase. Location: Close to shops, local amenities and schools.

Hallway - Carpet flooring and stairs to upper

Lounge - 1 x front double glazed window, carpet flooring and 1x radiator

Kitchen/Diner - 1 x rear double glazed window, 1 x radiator, wall and base units.

Utility Room - 1 x double glazed window, sink/drainer and base units.

Landing - Carpet flooring and loft access

Bathroom - 1 x double glazed window, bath, w/c, wash hand basin and 1 x radiator.

Bedroom - Carpet flooring, 1 x radiator and double glazed window

Bedroom - Carpet flooring, 1 x radiator and double glazed window

Bedroom - Carpet flooring, 1 x radiator and double glazed window

External - Street parking and enclosed rear yard.

Agent Details

Smith & Friends Estate Agents, Stockton-on-Tees

01642 056009

Next Steps?

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