2 Bed Terraced House, Single Let, Middlesbrough, TS3 6QG, £99,950

Mosman Terrace, Middlesbrough, TS3 6QG - 2 views - 2 months ago

BTL
ROI: 3%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£30K - £140K
Sold Prices/m²£349/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£65,649

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,988

Stamp Duty & Legal Fees

£6,198

Total Cash In

£31,185

 

 

Cash Out

 

Rent Range

£475 - £795

Rent Estimate

£500

Running Costs/mo

£432

Cashflow/mo

£68

Cashflow/yr

£812

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £30K to £140K, average is £70K. £349/m² to £2.1K/m², average is £964/m².

PriceDateDistanceAddressBeds 
£30K11/200.03 mi11, Coronation Street, Middlesbrough TS3 6QH2
£40.5K03/230.03 mi10, Stainton Street, Middlesbrough TS3 6QF2
£43K06/210.05 mi21, Thornton Street, Middlesbrough TS3 6PG2
£50K12/220.09 mi2, Mccreton Street, Middlesbrough TS3 6QA2
£118K08/210.1 mi5, Millfield Road, Middlesbrough TS3 6ES2
£100K05/230.11 mi11, Millfield Road, Middlesbrough TS3 6ES2
£88K06/230.11 mi23, Livingstone Road, Middlesbrough TS3 6ET2
£49K08/230.11 mi11, Livingstone Road, Middlesbrough TS3 6ET2
£48K03/230.12 mi2, Norcliffe Street, Middlesbrough TS3 6PS2
£36K07/210.13 mi5, Deacon Street, Middlesbrough TS3 6PB2
£45K03/230.15 mi25, Coltman Street, Middlesbrough TS3 6JA2
£30K06/210.15 mi35, Dorothy Street, Middlesbrough TS3 6JD2
£70K06/210.17 mi25, Thomas Street, Middlesbrough TS3 6JE2
£42K03/210.17 mi27, Kindersley Street, Middlesbrough TS3 6PW2
£40K03/210.18 mi16, Maria Street, Middlesbrough TS3 6JQ2
£52K01/230.24 mi106, Beaumont Road, Middlesbrough TS3 6NP2
£45K03/230.25 mi5, Herbert Street, Middlesbrough TS3 6JR2
£45K03/230.38 mi15, Benedict Street, Middlesbrough TS3 6DT2
£48.5K04/210.45 mi35, Saltwells Road, Middlesbrough TS4 2EB2
£44K11/200.46 mi7, Lytton Street, Middlesbrough TS4 2BZ2
£82.5K07/210.5 mi9, Westerdale Road, Middlesbrough TS3 7RQ2
£95K08/210.54 mi80, Highfield Road, Middlesbrough TS4 2QP2
£140K09/230.54 mi62, Highfield Road, Middlesbrough TS4 2QP2
£71K11/200.56 mi43, Merlin Road, Middlesbrough TS3 8EB2
£75K01/230.56 mi26, Delarden Road, Middlesbrough TS3 8JR2
£105K12/200.58 mi62, Roseberry Road, Middlesbrough TS4 2LL2
£78.5K04/230.61 mi146, Ingram Road, Middlesbrough TS3 7BU2
£75K10/210.62 mi129, Ingram Road, Middlesbrough TS3 7BX2
£77K11/220.62 mi16, Angle Street, Middlesbrough TS4 2JA2
£60K05/210.62 mi22, Angle Street, Middlesbrough TS4 2JA2
£80K02/230.62 mi32, Angle Street, Middlesbrough TS4 2JA2
£110K09/230.65 mi106, Lansdowne Road, Middlesbrough TS4 2QS2
£105K12/220.65 mi2, Gilling Walk, Middlesbrough TS3 7PG2
£106K11/230.67 mi15, Egmont Road, Middlesbrough TS4 2HU2
£100K07/220.68 mi32, Newstead Road, Middlesbrough TS4 2HJ2
£61.5K11/200.68 mi34, Talbot Street, Middlesbrough TS1 3EP2
£68K08/230.68 mi58, Byelands Street, Middlesbrough TS4 2HP2
£70K06/210.68 mi2, Chevin Walk, Middlesbrough TS3 7QD2
£91K12/220.69 mi11, Toronto Crescent, Middlesbrough TS4 2NA2
£48.5K01/210.7 mi27, Esher Street, Middlesbrough TS1 3EN2
£65.5K04/210.71 mi5, Duncombe Road, Middlesbrough TS4 2FE2
£63K05/210.71 mi26, Roscoe Street, Middlesbrough TS1 3HN2
£52.5K03/210.71 mi9, Roscoe Street, Middlesbrough TS1 3HN2
£103K11/220.72 mi42, Crossfell Road, Middlesbrough TS3 7PX2
£81K12/220.72 mi19, Cannock Road, Middlesbrough TS3 7NU2
£82K08/220.74 mi178, Roseberry Road, Middlesbrough TS4 2QF2
£90K12/220.75 mi66, Falmouth Street, Middlesbrough TS1 3HH2
£62K06/230.75 mi15, Haddon Street, Middlesbrough TS1 3JL2
£115K05/220.75 mi9, Stadium Gardens, Middlesbrough TS4 2WF2
£120K07/210.75 mi4, Stanhope Gardens, Middlesbrough TS4 2QA2

Local Rents

18 rents from £475/mo to £795/mo, average is £645/mo.

RentDateDistanceAddressBeds 
£55010/240.05 miCadogan Street, North Ormesby, Middlesbrough, North Yorkshire, TS32
£69512/230.07 mi-2
£47510/240.1 mi-2
£50010/240.14 mi-2
£49910/240.14 mi-2
£57510/240.15 miColtman Street, MIDDLESBROUGH2
£59504/250.19 mi-2
£57510/240.2 miPeaton Street, MIDDLESBROUGH2
£79501/250.2 mi-2
£65010/240.22 miEsk Street, Middlesbrough, TS32
£69510/240.25 mi-2
£79503/250.25 mi-2
£69510/240.25 miHerbert Street, Middlesbrough, TS32
£79503/250.26 mi-2
£79503/250.26 mi-2
£55002/250.36 mi-2
£64012/240.54 mi-2
£65010/240.56 miDelarden Road, Pallister Park2

Local Area Statistics

Population in TS3

28,890

Population in Middlesbrough

189,245

Town centre distance

1.40 miles away

Nearest school

0.10 miles away

Nearest train station

1.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £99,950

March 5, 2025

Floor Plans

Description

  • A Spacious Commercial Ground Floor Premises And Upstairs Flat +
  • Huge Amounts Of Floor Space With Fantastic Potential To Convert +
  • Upstairs Flat Previous Rental £600 Per Month +
  • Option To Convert Ground Floor Shop To Two Flat Paying £1000-£1200 Per Month +
  • Combination Boiler Central Heating, UPVC Double Glazed Windows/Doors And Updated Electrics +
  • SOLD WITH NO CHAIN / OPEN TO OFFERS +

A fantastic opportunity for any wise investor landlord looking for a lucrative buy to let. This ground floor shop and first floor apartment have superb potential to either let as a shop, again or convert to two flats with rental income of around £500-£600 each (subject to consent and approval) with an upstairs one bedroom flat ready to go at approx £600pcm. Sold with no chain, offers welcomed on the asking price.

Shop Floor - 4.35 x 7.18 (14'3" x 23'6") -

Kitchen - 2.80 x 3.70 (9'2" x 12'1") -

Rear Office/Storage Room - 2.13 x 2.63 (6'11" x 8'7") -

Wc -

Utility - 1.10 x 1.44 (3'7" x 4'8") -

Upstairs Flat - Accessed via separate external door, there is also access from ground floor shop.

Living Room - 4.22 x 3.19 (13'10" x 10'5") -

Kitchen - 2.85 x 2.25 (9'4" x 7'4") -

Bedroom - 2.28 x 3.41 (7'5" x 11'2") -

Bathroom - 2.11 x 1.39 (6'11" x 4'6") -

Information - Council tax band A / Old EPC energy rating E / This is a freehold property / Mains utilities and sewerage with no known rights of way affecting this property / On road parking

Broadband and telephone provisions, various mobile coverage and TV services are available within the property - Please consult your supplier for further information on speed and cost.

Agent Details

PH Estate Agents, Middlesbrough

01642 056292

Next Steps?

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