5 Bed Detached House, Single Let, Middlesbrough, TS6 0BB, £425,000

The Hastings, Normanby, TS6 0BB - 2 views - 2 months ago

BTL

~178 m²

+33 photos

ValuationOvervalued

Sold Prices	£95K - £720K
Sold Prices/m²	£805/m² - £3.3K/m²

Square Metres	~178.28 m²
Price/m²	£2.4K/m²
Value Estimate	£330,321£330,321

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£106,250£106,250
Stamp Duty & Legal Fees	£31,200£31,200
Total Cash In	£137,450£137,450

Cash Out
Rent Range	£595 - £800£595 - £800
Rent Estimate	£625
Running Costs/mo	£1,473£1,473
Cashflow/mo	£-848£-848
Cashflow/yr	£-10,177£-10,177
Gross Yield	2%2%

Local Sold Prices

21 sold prices from £95K to £720K, average is £300K. £805/m² to £3.3K/m², average is £1.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£300K	03/21	0.27 mi	480, Normanby Road, Middlesbrough, Redcar And Cleveland TS6 9BZ	£2,113	142	5	Semi-Detached House
£287.5K	09/21	0.31 mi	36, Ormesby Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0HS	-	-	5	Detached House
£95K	09/23	0.39 mi	53, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TG	£805	118	5	Terraced House
£130K	12/20	0.45 mi	9a, Skippers Lane, Middlesbrough, Redcar And Cleveland TS6 0HY	-	-	5	Terraced House
£510K	06/21	0.45 mi	2, Normanby Road, Ormesby, Middlesbrough, Redcar And Cleveland TS7 9NS	£1,678	304	5	Detached House
£230K	12/20	0.53 mi	40, Church Lane, Eston, Middlesbrough, Redcar And Cleveland TS6 9DB	£1,299	177	5	Detached House
£530K	12/23	1.17 mi	44a, Church Lane, Ormesby, Middlesbrough, Redcar And Cleveland TS7 9AU	-	-	5	Detached House
£216K	09/21	1.2 mi	37, Ormesby Bank, Ormesby, Middlesbrough, Redcar And Cleveland TS7 9HJ	£2,160	100	5	Semi-Detached House
£720K	05/23	1.69 mi	14, Gypsy Lane, Nunthorpe, Middlesbrough, Redcar And Cleveland TS7 0DX	£3,258	221	5	Detached House
£130K	09/21	1.71 mi	67, Charlbury Road, Middlesbrough TS3 8LS	-	-	5	Semi-Detached House
£265K	12/20	1.85 mi	4, Matfen Avenue, Nunthorpe, Middlesbrough TS7 0EQ	£1,879	141	5	Detached House
£340K	06/21	1.87 mi	5, Roseland Crescent, Marton In Cleveland, Middlesbrough TS7 8AH	-	-	5	Detached House
£660K	06/21	1.88 mi	71, The Grove, Marton In Cleveland, Middlesbrough TS7 8AL	-	-	5	Semi-Detached House
£225K	05/21	1.89 mi	25, Marton Avenue, Middlesbrough TS4 3SQ	£1,662	135	5	Semi-Detached House
£307K	06/21	1.89 mi	19, Marton Avenue, Middlesbrough TS4 3SQ	£1,633	188	5	Semi-Detached House
£274K	08/21	1.89 mi	21, Marton Avenue, Middlesbrough TS4 3SQ	-	-	5	Semi-Detached House
£365K	09/22	1.89 mi	31, Marton Avenue, Middlesbrough TS4 3SQ	£1,853	197	5	Semi-Detached House
£337K	02/24	1.89 mi	26, Marton Avenue, Middlesbrough TS4 3SQ	£1,746	193	5	Semi-Detached House
£291.3K	07/21	1.9 mi	36, High Gill Road, Nunthorpe, Middlesbrough TS7 0EA	-	-	5	Detached House
£575K	06/21	1.93 mi	68, The Grove, Marton In Cleveland, Middlesbrough TS7 8AJ	£2,018	285	5	Semi-Detached House
£335K	04/21	1.96 mi	26, Rookwood Road, Nunthorpe, Middlesbrough TS7 0BN	£2,279	147	5	Semi-Detached House

Local Rents

13 rents from £595/mo to £800/mo, average is £650/mo.

Rent	Date	Distance	Address	Beds	Type
£800	04/25	0.13 mi	-	3	Terraced House
£625	10/24	0.13 mi	The Jennings, Normanby, Middlesbrough, TS6 0LL	3	Terraced House
£625	10/24	0.15 mi	-	3	Semi-Detached House
£700	02/24	0.19 mi	-	3	Flat
£700	11/24	0.19 mi	-	3	Flat
£595	11/24	0.34 mi	-	3	Terraced House
£650	10/24	0.42 mi	Holmefields Road, Middlesbrough, TS6	3	Flat
£650	01/25	0.46 mi	-	3	Terraced House
£650	06/24	0.47 mi	-	3	Terraced House
£650	01/25	0.47 mi	-	3	Terraced House
£648	08/24	0.5 mi	-	3	Semi-Detached House
£650	08/24	0.6 mi	-	3	Semi-Detached House
£650	12/24	0.62 mi	-	3	Terraced House

Local Area Statistics

Population in TS6	30,23930,239
Population in Middlesbrough	189,245189,245
Town centre distance	1.43 miles away1.43 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	1.78 miles away1.78 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+2%+2%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £425,000

February 28, 2025

Floor Plans

Description

Detached Property +
Five Bedrooms +
En-Suite +
Highly Sought After Normanby Location +
Showstopper of A Family Home +
Fantastic Sized Plot +
6m Plus Conservatory with Insulated Roof +
Landscaped Gardens +
Garage +

Sitting on a fantastic sized plot, this showstopper of a family home ticks plenty of boxes. Being upgraded and improved both inside and out including landscaped gardens and a 7 metre plus kitchen/diner. Excellent for local amenities schooling and transport links. Early viewing is essential to fully appreciate this excellent property.

Mains Utilities
Gas Central Heating
Mains Sewerage
No Known Flooding Risk
No Known Legal Obligations
Standard Broadband & Mobile Signal
No Known Rights of Way

Tenure - Freehold

Council Tax Band F

Agent Details

Michael Poole, Eston

01642 548152

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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