4 Bed Detached House, Refurb/BRRR, Middlesbrough, TS5 7HB, £475,000

Acklam Road, Middlesbrough, North Yorkshire, TS5 7HB - a month ago

Sold STC
Refurb/BRRR
~129 m²
+12 photos

ValuationOvervalued

Sold Prices£100K - £485K
Sold Prices/m²£1K/m² - £3.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.7K/m²

Value Estimate

£228,178

 

 

End Value (After Refurb)

£296,124

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£36,200

Refurb Costs

£51,004

Bridging Loan Interest

£12,469

Total Cash In

£220,173

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£296,124

Mortgage (After Refinance)

£222,093

Mortgage LTV

75%

Cash Left In

£220,173

Equity

£74,031

Rent Range

£410 - £1,500

Rent Estimate

£810

Running Costs/mo

£1,107

Cashflow/mo

£-297

Cashflow/yr

£-3,569

Gross Yield

2%

Local Sold Prices

42 sold prices from £100K to £485K, average is £233.8K. £1K/m² to £3.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£485K03/230.07 mi431, Acklam Road, Middlesbrough TS5 7HB4
£299.5K09/210.08 mi445, Acklam Road, Middlesbrough TS5 7HB4
£450K05/240.08 mi433, Acklam Road, Middlesbrough TS5 7HB4
£335K11/230.08 mi443, Acklam Road, Middlesbrough TS5 7HB4
£255K05/210.09 mi484, Acklam Road, Middlesbrough TS5 8BD4
£295K05/210.1 mi554, Acklam Road, Middlesbrough TS5 8BE4
£260K08/210.22 mi47, Earlsdon Avenue, Middlesbrough TS5 8JR4
£225K03/230.22 mi50, Earlsdon Avenue, Middlesbrough TS5 8JR4
£390K09/230.26 mi18, Adcott Road, Middlesbrough TS5 7ES4
£307K12/210.28 mi345, Acklam Road, Middlesbrough TS5 7HA4
£265K03/210.29 mi452, Acklam Road, Middlesbrough TS5 8BB4
£294K03/230.3 mi2, Bewley Grove, Middlesbrough TS5 7EW4
£145K02/230.31 mi71, Earlsdon Avenue, Middlesbrough TS5 8ST4
£182K06/230.48 mi8, Walworth Grove, Middlesbrough TS5 8NN4
£342K01/230.51 mi3, Sandy Flatts Lane, Middlesbrough TS5 7YY4
£315K07/220.53 mi78, Low Lane, Middlesbrough TS5 8EB4
£215K03/230.53 mi39, Speeton Avenue, Middlesbrough TS5 7JH4
£190K12/200.55 mi12, Keswick Grove, Middlesbrough TS5 8PN4
£302K05/230.56 mi122, Hall Drive, Middlesbrough TS5 7HT4
£285K11/210.56 mi26, Finchlay Court, Middlesbrough TS5 8EL4
£240K02/230.56 mi7, Honister Grove, Middlesbrough TS5 8PW4
£185.5K09/210.62 mi2, Benridge Close, Middlesbrough TS5 8RJ4
£360K08/230.63 mi69, Yearby Close, Acklam, Middlesbrough TS5 8LY4
£226K11/210.69 mi6, Denton Close, Middlesbrough TS5 8RL4
£178K08/210.73 mi10, Ullswater Avenue, Middlesbrough TS5 7DR4
£175K08/230.74 mi31, Mersehead Sands, Middlesbrough TS5 8UN4
£227.5K07/210.75 mi93, Ruskin Avenue, Middlesbrough TS5 8PG4
£223.5K03/230.75 mi23, Mandale Road, Middlesbrough TS5 8AD4
£280K08/220.79 mi18, Dornoch Sands, Middlesbrough TS5 8UW4
£280K09/220.82 mi17, Luce Sands, Middlesbrough TS5 8UL4
£100K04/240.83 mi9, Hardwick Avenue, Middlesbrough TS5 7AS4
£180K10/210.87 mi20, Britain Avenue, Middlesbrough TS5 7AT4
£166.5K11/220.87 mi8, Southdean Close, Hemlington, Middlesbrough TS8 9HE4
£173K05/210.94 mi31, Spaunton Close, Hemlington, Middlesbrough TS8 9RE4
£203.6K05/230.94 mi24, Chalford Oaks, Middlesbrough TS5 8QG4
£162.5K08/230.95 mi4, Greenwood Avenue, Middlesbrough TS5 7RW4
£162.5K08/230.95 mi4, Greenwood Avenue, Middlesbrough TS5 7RW4
£165K02/210.96 mi40, Thornfield Grove, Middlesbrough TS5 5LQ4
£195K06/210.96 mi12, Holey Close, Hemlington, Middlesbrough TS8 9RD4
£361K01/210.97 mi7, Thackeray Grove, Middlesbrough TS5 7QY4
£200K11/200.98 mi47, Reeth Road, Middlesbrough TS5 5JU4
£470K08/220.99 mi28, Green Lane, Middlesbrough TS5 7RL4

Local Rents

42 rents from £410/mo to £1.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£75010/240.2 mi-3
£85003/250.42 mi-3
£80002/240.47 mi-3
£85001/250.49 mi-3
£79507/230.49 mi-3
£85010/240.49 miTrimdon Avenue, Middlesbrough3
£84010/240.54 mi-3
£95003/250.61 mi-3
£90010/240.64 miConiston Grove, Middlesbrough3
£90010/240.75 miEnnerdale Avenue, Middlesbrough, North Yorkshire, TS53
£80010/240.79 mi-3
£95005/240.82 mi-3
£89504/240.88 mi-3
£1,50010/240.91 miFurrow Grange, Middlesbrough, North Yorkshire, TS55
£85003/250.95 mi-3
£95003/250.95 mi-3
£80004/250.96 mi-3
£75002/240.97 mi-3
£49902/241.01 mi-3
£49910/241.01 mi-3
£1,05003/251.05 mi-3
£90003/251.09 mi-3
£85008/241.13 mi-3
£85009/241.13 mi-3
£85003/251.13 mi-3
£62509/241.14 mi-3
£85010/241.14 mi-3
£85010/241.14 miMiddlesbrough, Middlesbrough, TS53
£75010/241.18 miMuirfield Way, Middlesbrough3
£1,30002/251.19 mi-4
£67510/241.21 miCharnley Green, Middlesborough, TS43
£41001/251.22 mi-3
£41002/251.22 mi-3
£41003/251.22 mi-3
£95010/241.22 miStrait Lane, Stainton3
£85003/251.22 mi-3
£85003/251.22 mi-3
£85001/251.22 mi-3
£67510/241.22 miBurghley Court, Hemlington, Middlesbrough, TS83
£67510/241.22 mi-3
£79510/241.23 miDales Park Road, Hemlington3
£85010/241.24 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

2.46 miles away

Nearest school

0.30 miles away

Nearest train station

2.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £475,000

March 6, 2025

Description

  • A fine example of its kind +
  • Located on this highly regarded setting +
  • Superb Large four bedroom detached home +
  • Stunning gardens to the front and rear elevations +
  • Lounge and dining room +
  • Kitchen/Diner +
  • Double glazing and gas central heating system +
  • Four double bedroom +
  • Ample parking +
  • Larger than average garage +

This property certainly has the WOW factor... we are delighted to have been given instruction to market this superb four bedroom double fronted detached home occupying a significantly larger than average plot. The property is in need of some updating however this has been factored in when setting the sensible asking price. Accommodation comprises spacious entrance hall, Large lounge with bow window. Dining room with bay window. Good sized kitchen/Diner. Utility Room and WC. To the first floor you will find a light and airy large landing which gives access to four double bedrooms. There is a shower room plus an additional separate wc. Extensive gardens to both the front and rear elevations. This property boasts a whole host of original character with the possibilities to create a superb family home are endless. EPC RATING TO BE CONFIRMED. TENURE IS FREEHOLD. COUNCIL TAX BAND IS G.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

MID250114/2

Agent Details

Reeds Rains, Middlesbrough

01642 056928

Next Steps?

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