3 Bed Terraced House, Single Let, Middlesbrough, TS5 4PE, £95,000

Crathorne Crescent, West Lane, TS5 4PE - 3 views - 2 months ago

BTL
ROI: 10%
~93 m²
+4 photos

ValuationFair Value

Sold Prices£40K - £179K
Sold Prices/m²£555/m² - £1.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£96,714

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£650 - £1,050

Rent Estimate

£699

Running Costs/mo

£457

Cashflow/mo

£242

Cashflow/yr

£2,908

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £40K to £179K, average is £87.5K. £555/m² to £1.8K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£86.5K07/230.03 mi24, Maldon Road, Middlesbrough TS5 4PJ3
£73.5K12/220.08 mi6, Alton Road, Middlesbrough TS5 4NX3
£106K01/240.08 mi25, Alton Road, Middlesbrough TS5 4NX3
£64K01/210.1 mi12, Beadon Grove, Middlesbrough TS5 4NT3
£100K07/230.11 mi16, Northern Road, Middlesbrough TS5 4NU3
£104K06/230.11 mi24, Stratford Crescent, Middlesbrough TS5 4PQ3
£76K03/240.12 mi122, West Lane, Middlesbrough TS5 4EJ3
£64K04/230.12 mi8, Northern Road, Middlesbrough TS5 4PB3
£70K01/230.13 mi79, Maldon Road, Middlesbrough TS5 4PG3
£87K02/240.14 mi78, Northern Road, Middlesbrough TS5 4NS3
£71.5K11/200.17 mi2, Lydbrook Road, Middlesbrough TS5 4NR3
£46K06/210.17 mi18, Lydbrook Road, Middlesbrough TS5 4NR3
£46K12/200.17 mi21, Lydbrook Road, Middlesbrough TS5 4NR3
£93.8K10/210.18 mi66, Connaught Road, Middlesbrough TS5 4AN3
£73K10/200.18 mi46, Connaught Road, Middlesbrough TS5 4AN3
£68K11/200.18 mi52, Connaught Road, Middlesbrough TS5 4AN3
£85K03/230.18 mi46, Connaught Road, Middlesbrough TS5 4AN3
£82K11/200.24 mi39, Connaught Road, Middlesbrough TS5 4AP3
£82K02/240.24 mi6, Connaught Road, Middlesbrough TS5 4AP3
£85K12/200.26 mi26, Dunstable Road, Middlesbrough TS5 4AL3
£110K12/230.26 mi14, Dunstable Road, Middlesbrough TS5 4AL3
£79K10/230.27 mi20, Corder Road, Middlesbrough TS5 4AS3
£93K07/230.27 mi15, Corder Road, Middlesbrough TS5 4AS3
£90K04/230.27 mi19, Corder Road, Middlesbrough TS5 4AS3
£93K06/230.3 mi35, West Lane, Middlesbrough TS5 4DH3
£63K01/210.32 mi28, Bishop Street, Middlesbrough TS5 4AT3
£130K08/230.33 mi82, Stockton Road, Middlesbrough TS5 4AQ3
£107.5K08/230.34 mi21, West Lane, Middlesbrough TS5 4DE3
£82K12/220.35 mi23, Ayresome Green Lane, Middlesbrough TS5 4DT3
£118K10/210.35 mi59, Studley Road, Middlesbrough TS5 5BP3
£90K01/230.37 mi94, Ayresome Grange Road, Middlesbrough TS5 4DX3
£179K05/210.38 mi18, Grosvenor Road, Middlesbrough TS5 5BU3
£83K05/230.39 mi100, Meath Street, Middlesbrough TS1 4RY3
£130K10/210.39 mi11, Aidan Court, Middlesbrough TS5 4BS3
£88K04/210.39 mi53, Westbourne Road, Middlesbrough TS5 5BH3
£130K03/230.39 mi59, Aidan Court, Middlesbrough TS5 4BS3
£77K01/210.4 mi9, Waterford Terrace, Middlesbrough TS1 4RX3
£100K07/230.4 mi23, Studley Road, Middlesbrough TS5 5BW3
£40K04/210.41 mi104, Longford Street, Middlesbrough TS1 4RL3
£52K02/230.41 mi116, Longford Street, Middlesbrough TS1 4RL3
£110K09/210.41 mi23, Burlam Road, Middlesbrough TS5 5AN3
£86.5K07/220.42 mi60, Carlow Street, Middlesbrough TS1 4SB3
£97K03/210.42 mi83, Clough Close, Middlesbrough TS5 5ET3
£118K12/230.42 mi99, Clough Close, Middlesbrough TS5 5ET3
£87K07/230.42 mi111, Carlow Street, Middlesbrough TS1 4SA3
£115K01/210.43 mi48, Westbourne Road, Middlesbrough TS5 5BJ3
£115K07/230.43 mi32, Westbourne Road, Middlesbrough TS5 5BJ3
£96K06/210.43 mi11, Dufton Road, Middlesbrough TS5 5AW3
£117K11/230.43 mi93, Maddren Way, Middlesbrough TS5 5BD3
£108K01/210.44 mi120, Hambledon Road, Middlesbrough TS5 5EF3

Local Rents

23 rents from £650/mo to £1.1K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£1,01510/240.16 miAcklam Gardens, Middlesbrough, TS53
£67504/250.18 mi-3
£1,01510/240.21 miAcklam Gardens, Middlesbrough, TS53
£1,05010/240.21 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.32 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.32 miAcklam Gardens, Middlesbrough, TS53
£80004/250.32 mi-3
£99510/240.33 miAcklam Gardens, Middlesbrough, TS53
£75001/250.35 mi-3
£95004/250.43 mi-3
£82510/240.45 miClough Close, Middlesbrough3
£75004/250.47 mi-3
£72510/240.48 miLongford Street, Middlesbrough3
£69502/250.49 mi-3
£95001/250.5 mi-3
£95004/250.54 mi-3
£65010/240.54 miHarford Street, Middlesbrough3
£70010/240.58 miNesham Road, Middlesbrough, North Yorkshire, TS13
£67504/250.58 mi-3
£74502/250.61 mi-3
£85004/250.61 mi-3
£75004/250.62 mi-3
£75004/250.62 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

2.87 miles away

Nearest school

0.30 miles away

Nearest train station

1.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £95,000

March 6, 2025

Floor Plans

Description

  • Three Bedroom Mid Terrace +
  • Gas Central Heating with a Combi Boiler +
  • UPVC Double Glazed Windows & Exterior Doors +
  • Ideal for First Time Buyers, Investors & Young Couples Alike +

A three bedroom mid terrace ideal for first time buyers, young couples and investors alike!

Featuring gas central heating with a combi boiler, UPVC double glazed windows and exterior doors, rear garden, three bedrooms, bathroom and a modern style kitchen.

The property comprises entrance hall, lounge, Kitchen/diner and a multi-use room. On the first floor there are three bedrooms and a bathroom.

Tenure - Freehold

Council Tax Band A

Agent Details

Michael Poole, Middlesbrough

01642 049224

Next Steps?

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