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

15 Brettenham Avenue, Middlesbrough, TS4 3NB - 1 views - a month ago

Sold STC
BTL
ROI: 14%
76 m²
+2 photos

ValuationUndervalued

Sold Prices£68.5K - £240K
Sold Prices/m²£813/m² - £2.4K/m²

 

 

Square Metres

76 m²
Price/m²£1.2K/m²

Value Estimate

£99,941
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£675 - £1,950

Rent Estimate

£750

Running Costs/mo

£451

Cashflow/mo

£299

Cashflow/yr

£3,585

ROI

14%

Gross Yield

10%

Local Sold Prices

51 sold prices from £68.5K to £240K, average is £97.5K. £813/m² to £2.4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£70K03/210.02 mi25, Brettenham Avenue, Middlesbrough TS4 3NB3
£88K11/220.03 mi36, Brettenham Avenue, Middlesbrough TS4 3ND3
£80K11/200.06 mi63, Broadwell Road, Middlesbrough TS4 3NL3
£72K05/210.07 mi72, Brettenham Avenue, Middlesbrough TS4 3NH3
£78K10/230.09 mi32, Albourne Green, Middlesbrough TS4 3NA3
£73K12/200.09 mi78, Chippenham Road, Middlesbrough TS4 3NT3
£68.5K06/210.09 mi26, Dawlish Green, Middlesbrough TS4 3NW3
£77K11/200.1 mi13, Bexley Close, Middlesbrough TS4 3NG3
£77K11/200.1 mi13, Bexley Close, Middlesbrough TS4 3NG3
£100K04/230.1 mi29, Bexley Close, Middlesbrough TS4 3NG3
£85K09/220.11 mi19, Charnley Green, Middlesbrough TS4 3NX3
£110K06/230.11 mi11, Darnton Drive, Middlesbrough TS4 3PA3
£90K05/230.12 mi8, Adstock Avenue, Middlesbrough TS4 3LX3
£90K05/230.12 mi8, Adstock Avenue, Middlesbrough TS4 3LX3
£224K02/240.13 mi599, Marton Road, Middlesbrough TS4 3SD3
£77.5K12/200.13 mi6, Eccleston Walk, Middlesbrough TS4 3PQ3
£71.1K05/210.14 mi8, Charnley Green, Middlesbrough TS4 3NX3
£81.5K06/210.14 mi21, Darnton Drive, Middlesbrough TS4 3PE3
£92K04/230.14 mi32, Darnton Drive, Middlesbrough TS4 3PE3
£125K08/230.15 mi15, Caversham Road, Middlesbrough TS4 3PW3
£124K12/230.15 mi25, Caversham Road, Middlesbrough TS4 3PW3
£93K12/220.15 mi88, Broadwell Road, Middlesbrough TS4 3NJ3
£74K07/210.17 mi22, Chippenham Road, Middlesbrough TS4 3PL3
£138K02/230.19 mi6, Wilson Place, Middlesbrough TS4 3TS3
£115K09/230.19 mi88, Darnton Drive, Middlesbrough TS4 3RF3
£73K03/210.19 mi69, Darnton Drive, Middlesbrough TS4 3RF3
£115K08/230.19 mi75, Darnton Drive, Middlesbrough TS4 3RF3
£175K12/220.19 mi26, Easterside Road, Middlesbrough TS4 3QB3
£97.5K06/230.22 mi11, Hesketh Avenue, Middlesbrough TS4 3QY3
£83K01/230.27 mi41, Grantham Green, Middlesbrough TS4 3QS3
£100K10/230.27 mi47, Grantham Green, Middlesbrough TS4 3QS3
£162K06/210.27 mi3, Hoskins Lane, Middlesbrough TS4 3RR3
£122K02/210.27 mi36, Easterside Road, Middlesbrough TS4 3QA3
£118K04/210.27 mi34, Easterside Road, Middlesbrough TS4 3QA3
£240K01/230.27 mi635, Marton Road, Middlesbrough TS4 3SE3
£155K07/230.27 mi1, Scholars Rise, Middlesbrough TS4 3RP3
£189K02/230.27 mi7, Scholars Rise, Middlesbrough TS4 3RP3
£200K04/230.31 mi6, Deighton Road, Middlesbrough TS4 3QD3
£156K11/220.31 mi78, Hoskins Lane, Middlesbrough TS4 3GL3
£133K03/230.33 mi214, Broadwell Road, Middlesbrough TS4 3QP3
£100K04/230.35 mi1, Stanmore Avenue, Middlesbrough TS4 3EQ3
£115K11/210.35 mi6, Pevensey Close, Middlesbrough TS4 3EG3
£137K09/230.35 mi1, Laindon Avenue, Middlesbrough TS4 3QE3
£110K10/210.36 mi11, Kesteven Road, Middlesbrough TS4 3QF3
£85K02/240.36 mi256, Broadwell Road, Middlesbrough TS4 3QJ3
£108.9K04/240.36 mi236, Broadwell Road, Middlesbrough TS4 3QJ3
£71K02/210.38 mi6, Morpeth Avenue, Middlesbrough TS4 3QW3
£93K01/210.39 mi12, Oswestry Green, Middlesbrough TS4 3QL3
£92.5K05/230.39 mi24, Oswestry Green, Middlesbrough TS4 3QL3
£72K01/230.4 mi70, Gleneagles Road, Middlesbrough TS4 3JD3
£105K03/230.4 mi28, Southwick Avenue, Middlesbrough TS4 3QG3

Local Rents

21 rents from £675/mo to £1.9K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£85011/240.07 mi-3
£67510/240.08 miBollington Road, Middlesbrough3
£67510/240.14 miCharnley Green, Middlesborough, TS43
£1,10005/240.23 mi-3
£85008/230.23 mi-3
£92512/240.27 mi-3
£92512/240.27 mi-3
£92512/240.27 mi-3
£1,95007/240.28 mi-3
£1,10010/240.32 mi-3
£67509/230.33 mi-3
£99510/240.38 miBracken Grange, Middlesbrough, TS43
£99510/240.38 miBracken Grange, Middlesbrough, TS43
£99510/240.4 miBracken Grange, Middlesbrough, TS43
£99510/240.4 miBracken Grange, Middlesbrough, TS43
£75010/240.42 miMuirfield Way, Middlesbrough3
£85011/240.44 mi-3
£85012/240.44 mi-3
£73510/240.54 mi-3
£85011/240.55 mi-3
£99509/240.57 mi-3

Local Area Statistics

Population in TS4

16,950

Population in Middlesbrough

189,245

Town centre distance

1.13 miles away

Nearest school

0.30 miles away

Nearest train station

0.82 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 27, 2025

Floor Plans

Description

A STUNNING YIELD OF 10% AT THE ACCEPTABLE OFFER LEVEL - COURTESY OF A RENTAL INCOME OF £750 PCM PAID BY THE TENANTS IN SITU, WHO BOTH WORK AT THE JAMES COOK HOSPITAL.

A THREE BEDROOM MID TERACED PROPERTY LOCATED WITHIN THE LOWER END OF 'EASTERSIDE - TS4'. THE PROPERTY HAS SPACIOUS ACCOMMODATION THROUGHOUT INCLUDING A LOUNGE, DINING KITCHEN, THREE FIRST FLOOR BEDROOMS AND A FAMILY BATHROOM. WITH GARDENS TO BOTH FRONT AND REAR, THE PROPERTY HAS A LONG AND SUCCESFUL HISTORY OF BEING LET. THE PROPERTY AS WELL AS BEING CLOSE TO THE HOSPITAL, IS ALSO CLOSE TO MARTON ROAD WHICH PROVIDES EASE OF ACCESS (INCLUDING PUBLIC TRANSPORT) INTO MIDDLESBROUGH, INTO MARTON, OR ONTO THE A174 / A19 ROADLINKS AMONGST OTHER. IT IS ALSO IN WALKING DISTANCE TO 'STEWART PARK' AND THE ATHLETICS STADIUM AMONGST OTHER.

Agent Details

Progression Property, Middlesbrough

01642 056899

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