2 Bed Terraced House, Single Let, Middlesbrough, TS4 3NN, £90,000

13 Darnall Green, Middlesbrough, TS4 3NN - 2 months ago

BTL
ROI: 7%
67 m²
+2 photos

ValuationUndervalued

Sold Prices£53K - £225K
Sold Prices/m²£640/m² - £2.7K/m²

 

 

Square Metres

67 m²
Price/m²£1.3K/m²

Value Estimate

£108,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£575 - £940

Rent Estimate

£575

Running Costs/mo

£416

Cashflow/mo

£159

Cashflow/yr

£1,905

ROI

7%

Gross Yield

8%

Local Sold Prices

52 sold prices from £53K to £225K, average is £120.8K. £640/m² to £2.7K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£53K03/210.14 mi29, Albourne Green, Middlesbrough TS4 3NA2
£225K06/230.34 mi39, Scholars Rise, Middlesbrough TS4 3RP2
£123.5K07/230.34 mi10, Deighton Road, Middlesbrough TS4 3QR2
£85K08/210.41 mi11, Newington Road, Middlesbrough TS4 3ED2
£80K07/210.42 mi4, Ainsdale Way, Middlesbrough TS4 3JU2
£82K07/230.43 mi34, Gleneagles Road, Middlesbrough TS4 3JF2
£89K05/230.45 mi53, Newington Road, Middlesbrough TS4 3EL2
£118K11/200.47 mi11, Barnstaple Close, Middlesbrough TS8 9DH2
£132K01/230.47 mi11, Barnstaple Close, Middlesbrough TS8 9DH2
£66.4K11/210.47 mi160, Saltersgill Avenue, Middlesbrough TS4 3JN2
£145K10/220.51 mi10, Sidmouth Close, Middlesbrough TS8 9DN2
£55K04/230.56 mi32, Grassington Road, Middlesbrough TS4 3ET2
£175K02/240.57 mi17, Diomed Court, Marton In Cleveland, Middlesbrough TS7 8RB2
£133K02/210.63 mi6, Larkspur Road, Marton In Cleveland, Middlesbrough TS7 8RL2
£128K04/210.63 mi23, Larkspur Road, Marton In Cleveland, Middlesbrough TS7 8RL2
£189K05/210.64 mi2, Taunton Close, Middlesbrough TS8 9NR2
£118K11/200.67 mi7, Cremorne Close, Marton In Cleveland, Middlesbrough TS7 8RE2
£73K02/210.7 mi8, Beverley Road, Middlesbrough TS4 3LQ2
£150.5K11/230.71 mi50, Sunstar Grove, Marton In Cleveland, Middlesbrough TS7 8RP2
£138.8K08/230.71 mi52, Sunstar Grove, Marton In Cleveland, Middlesbrough TS7 8RP2
£115K05/230.72 mi3, Kepwick Close, Middlesbrough TS5 7JN2
£152.5K06/230.73 mi38, Nimbus Close, Marton In Cleveland, Middlesbrough TS7 8SH2
£115K03/230.77 mi32, Gainsborough Road, Marton In Cleveland, Middlesbrough TS7 8SB2
£115K03/230.77 mi32, Gainsborough Road, Marton In Cleveland, Middlesbrough TS7 8SB2
£72K07/230.77 mi57, Evesham Road, Middlesbrough TS3 7EN2
£68K01/210.78 mi11, Downham Avenue, Middlesbrough TS3 7EY2
£85K05/210.79 mi42, Columbine Close, Marton In Cleveland, Middlesbrough TS7 8SQ2
£79K11/220.79 mi22, Columbine Close, Marton In Cleveland, Middlesbrough TS7 8SQ2
£150K01/230.8 mi44, Cawood Drive, Middlesbrough TS5 7JP2
£76K09/220.8 mi95, Keith Road, Middlesbrough TS4 3AX2
£128K09/210.81 mi12, Jasmine Grove, Marton In Cleveland, Middlesbrough TS7 8SN2
£98K12/220.81 mi6, Brancepeth Avenue, Middlesbrough TS3 7NB2
£130K02/210.82 mi77, Campion Grove, Marton In Cleveland, Middlesbrough TS7 8SL2
£137.5K04/210.82 mi81, Campion Grove, Marton In Cleveland, Middlesbrough TS7 8SL2
£170K05/230.85 mi25, Seamer Close, Middlesbrough TS5 7NN2
£158K02/210.86 mi3, West Side, Marton In Cleveland, Middlesbrough TS7 8BB2
£87.5K10/210.87 mi13, Bramwith Avenue, Middlesbrough TS3 7HG2
£129.9K05/210.87 mi26, Rievaulx Drive, Middlesbrough TS5 7LY2
£155K12/230.87 mi6, Speeton Avenue, Middlesbrough TS5 7HY2
£152.5K03/240.9 mi11, Rievaulx Drive, Middlesbrough TS5 7NA2
£144K09/230.91 mi6, Belton Drive, Middlesbrough TS5 7JB2
£150K10/230.91 mi1, Belton Drive, Middlesbrough TS5 7JB2
£100K09/230.91 mi40, Coppice Road, Middlesbrough TS4 2SP2
£72.5K03/230.92 mi29, Overdale Road, Middlesbrough TS3 7DP2
£140K03/240.92 mi11, Askern Drive, Middlesbrough TS5 7HZ2
£220K11/230.92 mi5, The Grove, Marton In Cleveland, Middlesbrough TS7 8AB2
£220K11/230.92 mi5, The Grove, Marton In Cleveland, Middlesbrough TS7 8AB2
£75K10/210.93 mi30, Rossett Walk, Middlesbrough TS3 7LS2
£85K06/230.93 mi11, Brigham Road, Middlesbrough TS3 7DG2
£128K03/230.94 mi101, Fox Howe, Coulby Newham, Middlesbrough TS8 0RX2
£70K04/230.94 mi23, Skelwith Road, Middlesbrough TS3 7PT2
£94K07/210.95 mi107, Windleston Drive, Middlesbrough TS3 0BN2

Local Rents

24 rents from £575/mo to £940/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£70002/250.17 mi-2
£79009/230.35 mi-2
£65004/250.4 mi-2
£79911/230.41 mi-2
£69509/240.43 mi-2
£67508/240.62 mi-2
£75002/240.64 mi-2
£79511/230.65 mi-2
£80506/240.65 mi-2
£57502/240.76 mi-2
£82510/240.8 mi-2
£75010/240.8 miCalluna Grove, Middlesbrough, Cleveland, TS72
£77510/240.85 miThe Grove, Marton2
£80010/240.85 miThe Grove, Marton2
£80010/240.85 miThe Pines, The Grove, Marton2
£94004/250.85 mi-2
£75012/240.96 mi-2
£65005/241.06 mi-2
£75012/241.09 mi-2
£65010/241.1 miMayfair Avenue, MIDDLESBROUGH2
£69507/241.1 mi-2
£60505/241.13 mi-2
£57510/241.15 miMarton Road, Middlesbrough2
£65001/251.2 mi-2

Local Area Statistics

Population in TS4

16,950

Population in Middlesbrough

189,245

Town centre distance

1.20 miles away

Nearest school

0.30 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+47%

Sales demand

Seller's market

Capital growth (5yrs)

-3%

Property History

Listed for £90,000

February 25, 2025

Floor Plans

Description

IMMEDIATE RENTAL INCOME OF £700 PCM FROM A TENANT IN SITU
AN IDEAL INVESTMENT PROSPECT BEING SOLD WITH A TENANT IN SITU IN THE HIGHLY POPULAR RESIDENTIAL AREA OF EASTERSIDE (TS4), CLOSE TO THE JAMES COOK HOSPITAL AND PERFECTLY POSITIONED FOR ACCESS ITNO MIDDLSBROUGH TOWN CENTRE, THE A174 / A19 / A66 ROADLINKS AMONGST OTHER. THE CURRENT OCCUPIER IS PAYING A RENT OF £700 PCM THUS CREATING A YIELD OF 8.8% AT PRICE EXPECTANCY. THE PROEPRTY HAS BEEN IMPROVED AND THEN CARED FOR SO OFFERS WELL PRESENTED ACCOMMODATION WHICH COMPRISES AN ENTRANCE PORCH, A SPACIOUS LOUNGE, A KITCHEN DINER WITH FRENCH DOORS LEADING OUT INTO THE GARDEN WHILST TO THE FIRST FLOOR THERE ARE TWO DOIUBLE SIZED BEDROOMS AND A MODERN FAMILY BATHROOM WITH A WHITE SUITE. THERE ARE GARDENS TO BOTH FRONT AND REAR AND THE AVAILABILITY OF 'OFF STREET' PARKING.

Entrance Porch - 2.857 x 1.330 (9'4" x 4'4") -

Lounge - 4.543 x 3.87 (14'10" x 12'8") -

Kitchen / Diner - 4.551 x 2.77 (14'11" x 9'1") -

First Floor -

Landing -

Bathroom -

Bedroom - 2.631 x 4.168 (8'7" x 13'8") -

Bedroom - 4.603 x 2.730 (15'1" x 8'11") -

Exterior - There is a fence enclosed paved Garden to the front of the property, beyond the boundary are parking spaces. To the rear is a low maintenance garden with an area of lawn, some planted borders and is again fence enclosed. There is a brick built external store also

Agent Details

Progression Property, Middlesbrough

01642 056899

Next Steps?

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