4 Bed HMO, Middlesbrough, TS1 4QY, £130,000

Kildare Street, Middlesbrough, TS1 4QY - 11 views - a month ago

HMO
ROI: 15%
~129 m²
+8 photos

ValuationUndervalued

Sold Prices£66.5K - £306K
Sold Prices/m²£612/m² - £2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1K/m²

Value Estimate

£161,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,700

Total Cash In

£40,200

 

 

Cash Out

 

Room Rate

£425

Gross Rent

£1,700

Running Costs/mo

£1,181

Cashflow/mo

£519

Cashflow/yr

£6,230

ROI

15%

Gross Yield

16%

Local Sold Prices

33 sold prices from £66.5K to £306K, average is £162K. £612/m² to £2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£75K02/230.14 mi81, Costa Street, Middlesbrough TS1 4PJ4
£130K12/230.21 mi44, Clough Close, Middlesbrough TS5 5DW4
£66.5K02/210.27 mi18, Oxford Street, Middlesbrough TS1 4NN4
£180K06/210.29 mi16, Maddren Way, Middlesbrough TS5 5BB4
£170K05/240.29 mi2, Maddren Way, Middlesbrough TS5 5BB4
£160K07/210.29 mi15, Maddren Way, Middlesbrough TS5 5BB4
£85K01/230.32 mi33, Kensington Road, Middlesbrough TS5 6AJ4
£119K01/210.32 mi75, Kensington Road, Middlesbrough TS5 6AJ4
£140K04/240.56 mi16, Belle Vue Road, Middlesbrough TS5 5AQ4
£136K09/210.57 mi30, Devonshire Road, Middlesbrough TS5 6DP4
£193K02/230.58 mi105, Thornfield Road, Middlesbrough TS5 5BZ4
£164.9K08/230.59 mi7, Queens Road, Middlesbrough TS5 6EF4
£122K08/210.61 mi7, Canterbury Grove, Middlesbrough TS5 6NS4
£145K11/210.64 mi25, Canterbury Grove, Middlesbrough TS5 6NS4
£162K01/210.65 mi6, Windsor Road, Middlesbrough TS5 6DR4
£185K06/230.66 mi91a, Borough Road, Middlesbrough TS1 3AA4
£200K03/240.75 mi47, Oxford Road, Middlesbrough TS5 5DY4
£290K03/230.83 mi101, Oxford Road, Middlesbrough TS5 5EA4
£175K02/240.85 mi134, Oxford Road, Middlesbrough TS5 5EL4
£215K07/230.85 mi108, Oxford Road, Middlesbrough TS5 5EL4
£150K10/210.86 mi11, Cambridge Road, Linthorpe, Middlesbrough TS5 5ND4
£88K09/230.9 mi17, Myrtle Street, Middlesbrough TS1 3EB4
£230K09/210.91 mi10, Barker Road, Middlesbrough TS5 5ES4
£140K06/210.92 mi31, Croydon Road, Middlesbrough TS1 3HQ4
£140K06/210.92 mi31, Croydon Road, Middlesbrough TS1 3HQ4
£290K06/210.93 mi11a, Sycamore Road, Middlesbrough TS5 6QX4
£306K06/210.93 mi29, Sycamore Road, Middlesbrough TS5 6QX4
£200K04/210.93 mi14, Sycamore Road, Middlesbrough TS5 6RA4
£299K09/230.95 mi74, The Avenue, Middlesbrough TS5 6SB4
£164K11/200.96 mi5, Ceremony Wynd, Middlesbrough TS4 2WG4
£110K03/210.98 mi41, Lothian Road, Middlesbrough TS4 2HS4
£120K02/210.99 mi222, Borough Road, Middlesbrough TS1 2EQ4
£240K04/210.99 mi11, Limes Road, Middlesbrough TS5 6RQ4

Local Area Statistics

Population in TS1

16,984

Population in Middlesbrough

189,245

Town centre distance

2.60 miles away

Nearest school

0.20 miles away

Nearest train station

1.02 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Listed for £130,000

March 3, 2025

Description

A perfectly located four bedroom HMO property with four en-suite bathrooms. Fully renovated and brand new throughout its interior this property is an ideal opportunity to invest in a student let property in TS1. Viewing is highly recommended!
EPC rating D, council tax band A.

General Information

The information provided on this website and in our marketing materials is intended for general guidance only. While we strive to ensure the accuracy and reliability of the content, Ashbrookes ltd makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the properties listed.

Property Details
All property details, including but not limited to dimensions, floor plans, and photographs, are provided by the sellers, landlords, or third-party sources and have not been verified by Ashbrookes Ltd.
Prospective buyers or tenants should not rely solely on these details and should conduct their own due diligence.
Properties may be subject to changes or withdrawal without prior notice.

Viewing and Inspections
Viewings and inspections are subject to prior arrangement and availability.
Ashbrookes Ltd does not accept any responsibility for any errors or omissions or any loss or damage resulting from reliance on the property descriptions.

Legal and Financial Advice
Ashbrookes Ltd does not offer legal or financial advice. Buyers and tenants are encouraged to seek professional advice before making any decisions related to property transactions.
Information regarding the financial performance of investment properties is illustrative and should not be construed as a guarantee of future performance.

Third-Party Links
This website may contain links to third-party websites. Ashbrookes Ltd does not endorse or assume responsibility for the content or practices of any third-party websites.

Liability
Ashbookes Ltd, its employees, and agents shall not be liable for any direct, indirect, or consequential loss or damage arising from the use of this website or reliance on its content.

Amendments
Ashbrookes Ltd reserves the right to amend this disclaimer at any time without notice.
By using this website or engaging in any property transactions through Ashbrookes Ltd, you acknowledge and agree to this disclaimer.

Contact Us: For any questions or concerns regarding this disclaimer or our services.

Agent Details

Ashbrookes Limited, Middlesbrough

01642 056242

Next Steps?

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