3 Bed Semi-Detached House, Refurb/BRRR, Stockton-on-Tees, TS19 7NN, £155,000

Refurb/BRRR

~93 m²

+6 photos

ValuationFair Value

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Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£38,750£38,750
Stamp Duty & Legal Fees	£5,850£5,850
Refurb Costs	£36,772£36,772
Bridging Loan Interest	£4,069£4,069
Total Cash In	£87,191£87,191

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£182,679£182,679
Mortgage (After Refinance)	£137,009£137,009
Mortgage LTV	75%75%
Cash Released	£20,759£20,759
Cash Left In	£66,432£66,432
Equity	£45,670£45,670
Rent Range	£410 - £1,400£410 - £1,400
Rent Estimate	£777
Running Costs/mo	£746£746
Cashflow/mo	£31£31
Cashflow/yr	£369£369
ROI	0%0%
Gross Yield	6%6%

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Local Rents

31 rents from £410/mo to £1.4K/mo, average is £750/mo.

Rent	Date	Distance	Address	Beds	Type
£695	10/24	0.22 mi	-	3	Terraced House
£700	01/25	0.22 mi	-	3	Terraced House
£825	10/24	0.3 mi	-	3	Semi-Detached House
£825	10/24	0.3 mi	-	3	Semi-Detached House
£825	11/24	0.3 mi	-	3	Semi-Detached House
£825	11/24	0.3 mi	-	3	Semi-Detached House
£825	10/24	0.3 mi	Merring Close, Stockton On Tees, TS18	3	Detached House
£850	02/25	0.44 mi	-	3	Flat
£825	10/24	0.47 mi	-	3	Semi-Detached House
£895	10/24	0.52 mi	Fontwell Close, Stockton-On-Tees, TS19	3	Detached House
£795	10/24	0.67 mi	Harewood Crescent, Stockton-On-Tees, TS19 0SZ	3	Detached House
£800	12/24	0.69 mi	-	3	Terraced House
£1,150	10/24	0.79 mi	Dunedin Avenue, Stockton-on-Tees	3	Detached House
£1,400	02/25	0.8 mi	-	3	Detached House
£900	10/24	0.83 mi	Harrowgate Lane, Stockton-On-Tees, Durham, TS19	3	Detached House
£850	10/24	0.87 mi	-	3	Terraced House
£795	10/24	0.94 mi	Marske Lane, Stockton-On-Tees, Cleveland, TS19	3	Detached House
£650	10/24	0.98 mi	Tithe Barn Road, Stockton-On-Tees, Durham, TS19	3	Terraced House
£750	10/24	1 mi	-	3	Terraced House
£410	11/24	1 mi	-	3	Terraced House
£410	11/24	1 mi	-	3	Terraced House
£410	10/24	1 mi	-	3	Terraced House
£410	10/24	1 mi	-	3	Terraced House
£750	02/25	1.07 mi	-	3	Terraced House
£750	02/25	1.07 mi	-	3	Terraced House
£725	10/24	1.11 mi	Fleming Close, Stockton-On-Tees, Durham, TS19	3	Detached House
£675	10/24	1.11 mi	-	3	Semi-Detached House
£695	09/24	1.11 mi	-	3	Semi-Detached House
£695	09/24	1.11 mi	-	3	Semi-Detached House
£650	10/24	1.12 mi	Coundon Green, Stockton-On-Tees, Durham, TS19	3	Terraced House
£580	10/24	1.18 mi	-	3	Terraced House

Local Area Statistics

Population in TS19	37,08737,087
Population in Stockton-on-Tees	149,709149,709
Town centre distance	1.46 miles away1.46 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.80 miles away1.80 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+33%+33%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+23%+23%

Property History

Listed for £155,000

February 20, 2025

Floor Plans

Description

Good-Size Three Bedroom Semi-Detached House +
Central Fairfield Position +
Private South Facing Rear Garden +
Recently Installed Central Heating Boiler (Approx. 18 Months) +
Modernisation Required +
No Onward Chain +
Off Road Parking & Outhouses +

Make your mark on this good-sized semi-detached house, offering a great opportunity for modernisation. This property is perfect as an up-size or foot on the ladder purchase. Situated in a sought-after neighbourhood, the south-facing garden provides a sunny retreat that is not overlooked.

This property has the potential to become a stunning residence.

Benefit from the desirable location and practical features, creating a comfortable and inviting living space. Don't miss out on the chance to transform this property into your dream home.

Tenure - Freehold

Council Tax Band B

Agent Details

Michael Poole, Stockton On Tees

01642 937375

Next Steps?

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