3 Bed Semi-Detached House, Refurb/BRRR, Middlesbrough, TS6 8HF, £80,000

Sleights Crescent, Middlesbrough, TS6 8HF - 7 views - a month ago

Refurb/BRRR
ROI: 3%
~93 m²
+3 photos

ValuationFair Value

Sold Prices£40K - £204K
Sold Prices/m²£451/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£860/m²

Value Estimate

£80,000

 

 

End Value (After Refurb)

£126,672

Uplift in Value

+58%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Refurb Costs

£36,697

Bridging Loan Interest

£2,100

Total Cash In

£65,747

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£126,672

Mortgage (After Refinance)

£95,004

Mortgage LTV

75%

Cash Released

£35,004

Cash Left In

£30,743

Equity

£31,668

Rent Range

£600 - £850

Rent Estimate

£699

Running Costs/mo

£556

Cashflow/mo

£143

Cashflow/yr

£1,720

ROI

3%

Gross Yield

10%

Local Sold Prices

50 sold prices from £40K to £204K, average is £87.5K. £451/m² to £4.1K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£75K06/230.02 mi7, Sleights Crescent, Middlesbrough, Redcar And Cleveland TS6 8HF3
£46.4K06/210.07 mi51, Grosmont Road, Middlesbrough, Redcar And Cleveland TS6 8HN3
£75K06/230.07 mi57, Grosmont Road, Middlesbrough, Redcar And Cleveland TS6 8HN3
£85K07/230.07 mi51, Grosmont Road, Middlesbrough, Redcar And Cleveland TS6 8HN3
£90K06/230.1 mi312, Birchington Avenue, Grangetown, Middlesbrough, Redcar And Cleveland TS6 8EU3
£94K03/230.11 mi7, Hutton Road, Eston, Middlesbrough, Redcar And Cleveland TS6 8DH3
£110K10/220.12 mi65, Sandsend Road, Middlesbrough, Redcar And Cleveland TS6 8AF3
£69K06/210.12 mi11, Roseberry Crescent, Middlesbrough, Redcar And Cleveland TS6 8EP3
£68.5K07/210.15 mi4, Ingleby Close, Middlesbrough, Redcar And Cleveland TS6 8EN3
£143K05/230.15 mi72, Meadowgate, Middlesbrough, Redcar And Cleveland TS6 9JH3
£77.5K10/230.18 mi2, Deepgrove Walk, Middlesbrough, Redcar And Cleveland TS6 8AE3
£143K05/230.18 mi19, Ripon Way, Eston, Middlesbrough, Redcar And Cleveland TS6 9NE3
£65K03/210.19 mi6, Danby Road, Middlesbrough, Redcar And Cleveland TS6 8AX3
£74K09/210.19 mi7, Kirby Close, Middlesbrough, Redcar And Cleveland TS6 8EW3
£130K09/210.2 mi36, Ripon Way, Eston, Middlesbrough, Redcar And Cleveland TS6 9ND3
£73K10/200.22 mi27, Ainthorpe Road, Middlesbrough, Redcar And Cleveland TS6 8BA3
£135K07/230.22 mi61, Durham Road, Middlesbrough, Redcar And Cleveland TS6 9NA3
£73.5K04/240.22 mi35, Blakey Walk, Middlesbrough, Redcar And Cleveland TS6 8BB3
£50K07/210.22 mi29, Blakey Walk, Middlesbrough, Redcar And Cleveland TS6 8BB3
£76.5K10/230.22 mi7, Rudland Walk, Eston, Middlesbrough, Redcar And Cleveland TS6 8BH3
£143K11/210.23 mi82, Durham Road, Middlesbrough, Cleveland TS6 9LZ3
£40K06/210.28 mi22, The Square, Middlesbrough, Redcar And Cleveland TS6 9JU3
£170K10/230.28 mi38, Winston Drive, Middlesbrough, Redcar And Cleveland TS6 9LX3
£108K01/240.28 mi287, Fabian Road, Middlesbrough, Redcar And Cleveland TS6 7RL3
£82K05/230.28 mi15, Old Row, Middlesbrough, Redcar And Cleveland TS6 9JX3
£80K11/200.29 mi46, Rothwell Mews, Eston, Middlesbrough, Redcar And Cleveland TS6 9NW3
£46K11/200.29 mi8, Rothwell Mews, Eston, Middlesbrough, Redcar And Cleveland TS6 9NW3
£115K04/230.29 mi28, Rothwell Mews, Eston, Middlesbrough, Redcar And Cleveland TS6 9NW3
£158K11/200.29 mi19, Whitby Avenue, Middlesbrough, Redcar And Cleveland TS6 9NH3
£69K12/200.3 mi37, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RB3
£65K04/210.3 mi67, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RB3
£135K09/220.3 mi30, Huntersgate, Middlesbrough, Redcar And Cleveland TS6 8HS3
£187K05/230.31 mi9, Meadowgate, Middlesbrough, Redcar And Cleveland TS6 9JP3
£57K10/230.31 mi32, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RE3
£70K05/210.31 mi11, Grisedale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QN3
£65K12/220.31 mi35, Grisedale Crescent, Eston, Middlesbrough, Redcar And Cleveland TS6 7QN3
£125K03/210.31 mi19, Huntersgate, Middlesbrough, Redcar And Cleveland TS6 8HS3
£122.5K07/210.31 mi10, Huntersgate, Middlesbrough TS6 8HS3
£132K10/230.31 mi56, Churchill Road, Middlesbrough, Redcar And Cleveland TS6 9PW3
£180K07/210.32 mi19, Parkgate, Eston, Middlesbrough, Redcar And Cleveland TS6 9LE3
£183K11/220.32 mi31, Parkgate, Eston, Middlesbrough, Redcar And Cleveland TS6 9LE3
£85K01/230.32 mi16, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RE3
£190K12/200.32 mi31, Stonegate, Eston, Middlesbrough, Redcar And Cleveland TS6 9NP3
£75K12/200.33 mi10, Mosedale Road, Middlesbrough, Redcar And Cleveland TS6 7RH3
£145K12/230.33 mi60, Bath Road, Middlesbrough, Redcar And Cleveland TS6 9PG3
£204K04/240.34 mi149, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9JD3
£149.5K02/240.34 mi8, Sunnygate, Middlesbrough, Redcar And Cleveland TS6 8HT3
£150K01/230.35 mi12, Medbourne Close, Middlesbrough, Redcar And Cleveland TS6 9QF3
£175K07/210.35 mi17, Southgate, Middlesbrough, Redcar And Cleveland TS6 8HU3
£56K03/210.36 mi36, Gladstone Street, Middlesbrough, Redcar And Cleveland TS6 9LG3

Local Rents

17 rents from £600/mo to £850/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£75001/250.23 mi-3
£65003/250.23 mi-3
£77510/240.27 miWilton Way, Middlesbrough3
£85010/240.3 mi-3
£62510/240.31 miLangdale Crescent, Eston3
£70009/240.36 mi-3
£65010/240.4 miRydal Avenue, Grangetown, Middlesbrough, TS63
£65002/240.4 mi-3
£65006/240.4 mi-3
£60009/240.4 mi-3
£60010/240.43 miEdwards Street, Middlesbrough, TS63
£65011/230.46 mi-3
£82002/240.51 mi-3
£82010/240.51 mi-3
£82010/240.51 mi-3
£70010/230.51 mi-3
£65010/240.6 miArundel Road, Grangetown, TS6 7QZ3

Local Area Statistics

Population in TS6

30,239

Population in Middlesbrough

189,245

Town centre distance

2.35 miles away

Nearest school

0.20 miles away

Nearest train station

2.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £80,000

February 26, 2025

Description

SMITH & FRIENDS are delighted to offer this three bedroom semi-detached property in Eston, that offers great potential for modernisation with NO CHAIN INVOLVED. The accommodation briefly comprises; entrance hallway with stairs to the first floor spacious living room and kitchen. To the first floor are three good-sized bedrooms and family bathroom. Externally to the front and rear of the property is a good sized garden.

Agent Details

Smith & Friends Estate Agents, Middlesbrough

01642 056930

Next Steps?

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