3 Bed Semi-Detached House, Single Let, Middlesbrough, TS4 3JY, £110,000

9 Muirfield Way, Middlesbrough, TS4 3JY - 1 views - a month ago

BTL
ROI: 9%
75 m²
+2 photos

ValuationOvervalued

Sold Prices£68K - £135K
Sold Prices/m²£782/m² - £1.6K/m²

 

 

Square Metres

75 m²
Price/m²£1.5K/m²

Value Estimate

£83,405

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£675 - £1,950

Rent Estimate

£750

Running Costs/mo

£514

Cashflow/mo

£236

Cashflow/yr

£2,835

ROI

9%

Gross Yield

8%

Local Sold Prices

51 sold prices from £68K to £135K, average is £92K. £782/m² to £1.6K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£100K11/210.01 mi8, Muirfield Way, Middlesbrough TS4 3JY3
£72K01/230.04 mi70, Gleneagles Road, Middlesbrough TS4 3JD3
£77.5K04/210.04 mi25, Ainsdale Way, Middlesbrough TS4 3JU3
£78K06/210.05 mi6, Ainsdale Way, Middlesbrough TS4 3JU3
£78K06/210.05 mi6, Ainsdale Way, Middlesbrough TS4 3JU3
£81K01/230.05 mi2, Ainsdale Way, Middlesbrough TS4 3JU3
£68K04/210.1 mi2, Moortown Road, Middlesbrough TS4 3JB3
£90K06/230.13 mi26, Newington Road, Middlesbrough TS4 3EJ3
£94K12/200.13 mi15, Sunningdale Road, Middlesbrough TS4 3HU3
£80K10/220.14 mi20, Gleneagles Road, Middlesbrough TS4 3JF3
£91.5K09/210.14 mi16, Rokeby Avenue, Middlesbrough TS4 3EW3
£100K04/230.16 mi1, Stanmore Avenue, Middlesbrough TS4 3EQ3
£90K12/230.16 mi96, Fremantle Crescent, Middlesbrough TS4 3HP3
£90K05/210.17 mi3, Troon Close, Middlesbrough TS4 3HX3
£95K06/210.17 mi51, Newington Road, Middlesbrough TS4 3EL3
£134K06/230.17 mi57, Newington Road, Middlesbrough TS4 3EL3
£73.5K02/210.18 mi10, Oakworth Green, Middlesbrough TS4 3ES3
£100K03/210.18 mi27, Oakworth Green, Middlesbrough TS4 3ES3
£110K10/230.18 mi5, Oakworth Green, Middlesbrough TS4 3ES3
£120K09/220.18 mi23, Oakworth Green, Middlesbrough TS4 3ES3
£110K08/230.19 mi4, Portrush Close, Saltersgill, Middlesbrough TS4 3HY3
£115K11/210.19 mi6, Pevensey Close, Middlesbrough TS4 3EG3
£125K09/230.2 mi2, Pemberton Crescent, Middlesbrough TS4 3DX3
£72.5K07/210.2 mi34, Newington Road, Middlesbrough TS4 3EP3
£130K02/230.21 mi75, Grassington Road, Middlesbrough TS4 3EU3
£127.5K07/230.23 mi9, Kilburn Road, Middlesbrough TS4 3DY3
£105K12/200.24 mi81, Newington Road, Middlesbrough TS4 3ER3
£70K05/230.24 mi20, Fremantle Crescent, Middlesbrough TS4 3HR3
£74K07/210.25 mi22, Chippenham Road, Middlesbrough TS4 3PL3
£127K11/220.26 mi87, Newington Road, Middlesbrough TS4 3ER3
£93K12/220.26 mi88, Broadwell Road, Middlesbrough TS4 3NJ3
£125K08/230.27 mi15, Caversham Road, Middlesbrough TS4 3PW3
£124K12/230.27 mi25, Caversham Road, Middlesbrough TS4 3PW3
£135K12/220.28 mi113, Deepdale Avenue, Middlesbrough TS4 3EZ3
£71.1K05/210.3 mi8, Charnley Green, Middlesbrough TS4 3NX3
£130K02/240.3 mi8, Hurworth Road, Middlesbrough TS4 3DW3
£86K11/200.31 mi22, Fulwood Avenue, Middlesbrough TS4 3HA3
£91K10/220.31 mi19, Fulwood Avenue, Middlesbrough TS4 3HA3
£85K09/220.31 mi19, Charnley Green, Middlesbrough TS4 3NX3
£86K06/230.32 mi8, Harwell Close, Middlesbrough TS4 3DH3
£130K10/220.33 mi7, Harwell Close, Middlesbrough TS4 3DH3
£115K05/230.34 mi33, Grassington Road, Middlesbrough TS4 3DB3
£73K12/200.35 mi78, Chippenham Road, Middlesbrough TS4 3NT3
£90K05/230.35 mi8, Adstock Avenue, Middlesbrough TS4 3LX3
£90K05/230.35 mi8, Adstock Avenue, Middlesbrough TS4 3LX3
£78K10/230.36 mi32, Albourne Green, Middlesbrough TS4 3NA3
£97K02/230.36 mi21, Beverley Road, Middlesbrough TS4 3LE3
£92K03/210.37 mi48, Holmwood Avenue, Middlesbrough TS4 3LF3
£77.5K12/200.38 mi6, Eccleston Walk, Middlesbrough TS4 3PQ3
£110K06/230.38 mi11, Darnton Drive, Middlesbrough TS4 3PA3
£96K10/220.4 mi8, Cavendish Road, Middlesbrough TS4 3DA3

Local Rents

20 rents from £675/mo to £1.9K/mo, average is £873/mo.

RentDateDistanceAddressBeds 
£75010/240.01 miMuirfield Way, Middlesbrough3
£85011/240.12 mi-3
£85012/240.12 mi-3
£67510/240.3 miCharnley Green, Middlesborough, TS43
£99509/240.34 mi-3
£80004/250.39 mi-3
£85011/240.39 mi-3
£67510/240.42 miBollington Road, Middlesbrough3
£1,10010/240.49 mi-3
£1,10005/240.5 mi-3
£85008/230.5 mi-3
£89510/240.5 miMarton Road, Middlesbrough,TS43
£85003/250.52 mi-3
£99510/240.56 miBracken Grange, Middlesbrough, TS43
£99510/240.57 miBracken Grange, Middlesbrough, TS43
£1,95007/240.58 mi-3
£92512/240.59 mi-3
£92512/240.59 mi-3
£92512/240.59 mi-3
£80010/240.62 mi-3

Local Area Statistics

Population in TS4

16,950

Population in Middlesbrough

189,245

Town centre distance

1.37 miles away

Nearest school

0.30 miles away

Nearest train station

1.18 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+47%

Sales demand

Seller's market

Capital growth (5yrs)

-3%

Property History

Listed for £110,000

February 26, 2025

Floor Plans

Description

A THREE BEDROOM SEMI DETACHED PROPERTY SET WITHIN THIS 'NONE THROUGH ROAD' POSITION WITHIN THE POPULAR RESIDENTIAL AREA OF SALTERSGILL. THE PROPERTY IS CURRENTLY TENANTED AT A MONTHLY RENTAL INCOME OF £750 THUS A YIELD OF OVER 8% AT ASKING PRICE. THE PROPERTY IN BRIEF COMPRISIES OF A SPACIOUS RECEPTION ROOM TO THE GROUNDLFOOR FRONT, A KITCHEN DINER TO THE REAR AND THREE BEDROOMS AND A BATHROOM TO THE FIRST FLOOR. THERE IS A LANWED GARDEN TO THE FRONT, AND A LOW MAINTENANCE PAVED GARDEN TO THE REAR WITH FENCED BOUNDARIES. THERE IS A COMMUNAL PARKING COURTYARD BEYOND THE REAR GARDEN. THE PROPERTY HAS A GAS CENTRAL HEATING COMBI AND UPVC DOUBLE GLAZING THROUGHOUT. THIS WOULD MAKE FOR AN IDEAL INVESTMENT PROPERTY FOR ANYONE WISHING A 'BETTER QUALITY' PROPERTY TYPE AND AREA, OR INDEED FOR A NEW LIVE-IN OWNER.

Reception Room / Lounge - 4.913 x 3.12 (16'1" x 10'2") - A spacious and well presented Lounge which has a front facing UPVC double glazed window, a radiator, an open plan staircase with cupboard set beneath. A door elads into the Kitchen Diner to the rear.

Kitchen / Diner - 4.918 x 3.516 (16'1" x 11'6") - A well presented and spacious Kitchen Dining Room which has a range of fitted wall and base units with contrasting work surfaces set over inset with a sink and drainer unit, an integrated hob and oven, and space for a washing machine. There are tiled splash back areas, a rear facing UPVC double glazed window and a door leading out into the back Garden. The Dining area has a radiator and an additional rear facing UPVC double glazed window.

First Floor - Landing

Landing -

Bathroom - Offering a three piece bathroom suite comprising of a low level w.c., a wash hand basin, and a panelled bath. There are tiled splash back areas, a radiator and a rear facign UPVC double glazed window

Bedroom - 4.481 x 2.376 (14'8" x 7'9") - A spacious Bedroom to the rear of the property, which offers a radiator, a rear facing UPVC double glazed window and some fitted wardrobes / storage.

Bedroom - 2.983 x 2.174 (9'9" x 7'1") - A further Bedroom located to the front of the property offering a radiator and a front facing UPVC double galzed widnow

Bedroom - 2.664 x 2.116 (8'8" x 6'11") - The last of the three bedrooms located to the front of the property, and offering a front facing UPVC double glazed window and a radiator

Exterior - There is a lawned approach style garden to the front of the property and a low maintenance garden to the rear with an external store and fenced boundaries

Agent Details

Progression Property, Middlesbrough

01642 056899

Next Steps?

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