2 Bed Semi-Detached House, Refurb/BRRR, Middlesbrough, TS4 2NA, £99,950

Toronto Crescent, Longlands, TS4 2NA - 1 views - a month ago

Refurb/BRRR
ROI: 3%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£38K - £152.5K
Sold Prices/m²£466/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£66,264

 

 

End Value (After Refurb)

£93,946

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£24,988

Stamp Duty & Legal Fees

£6,198

Refurb Costs

£26,876

Bridging Loan Interest

£2,624

Total Cash In

£62,435

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£93,946

Mortgage (After Refinance)

£70,460

Mortgage LTV

75%

Cash Left In

£62,435

Equity

£23,487

Rent Range

£433 - £675

Rent Estimate

£592

Running Costs/mo

£432

Cashflow/mo

£160

Cashflow/yr

£1,920

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £38K to £152.5K, average is £79.3K. £466/m² to £2.1K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£91K12/220.01 mi11, Toronto Crescent, Middlesbrough TS4 2NA2
£110K09/230.12 mi106, Lansdowne Road, Middlesbrough TS4 2QS2
£105K12/200.12 mi62, Roseberry Road, Middlesbrough TS4 2LL2
£100K08/210.16 mi34, Lambton Road, Middlesbrough TS4 2RF2
£95K08/210.19 mi80, Highfield Road, Middlesbrough TS4 2QP2
£140K09/230.19 mi62, Highfield Road, Middlesbrough TS4 2QP2
£66K11/230.23 mi13, Eden Road, Middlesbrough TS4 2SJ2
£115K05/220.27 mi9, Stadium Gardens, Middlesbrough TS4 2WF2
£149.9K04/220.28 mi9, Sunley Avenue, Middlesbrough TS4 2PR2
£152.5K05/220.28 mi11, Sunley Avenue, Middlesbrough TS4 2PR2
£82K08/220.28 mi178, Roseberry Road, Middlesbrough TS4 2QF2
£100K07/220.28 mi32, Newstead Road, Middlesbrough TS4 2HJ2
£82K02/230.31 mi14, Askham Close, Middlesbrough TS4 2XR2
£80K11/220.33 mi38, Askham Close, Middlesbrough TS4 2XR2
£100K09/230.34 mi40, Coppice Road, Middlesbrough TS4 2SP2
£80K10/200.34 mi1, Coppice Road, Middlesbrough TS4 2SP2
£106K11/230.34 mi15, Egmont Road, Middlesbrough TS4 2HU2
£120K07/210.34 mi4, Stanhope Gardens, Middlesbrough TS4 2QA2
£68K08/230.38 mi58, Byelands Street, Middlesbrough TS4 2HP2
£57K02/240.39 mi68, Bishopton Road, Middlesbrough TS4 2RS2
£90K12/220.45 mi66, Falmouth Street, Middlesbrough TS1 3HH2
£75K10/210.46 mi129, Ingram Road, Middlesbrough TS3 7BX2
£77K11/220.47 mi16, Angle Street, Middlesbrough TS4 2JA2
£60K05/210.47 mi22, Angle Street, Middlesbrough TS4 2JA2
£80K02/230.48 mi32, Angle Street, Middlesbrough TS4 2JA2
£82K08/230.48 mi118, Park Lane, Middlesbrough TS1 3LL2
£78.5K04/230.5 mi146, Ingram Road, Middlesbrough TS3 7BU2
£59K09/210.5 mi51, Errol Street, Middlesbrough TS1 3LW2
£45K04/210.51 mi68, Egerton Street, Middlesbrough TS1 3LS2
£38K11/210.52 mi49, Egerton Street, Middlesbrough TS1 3LS2
£61K07/210.52 mi68, Egerton Street, Middlesbrough TS1 3LS2
£61K07/210.52 mi68, Egerton Street, Middlesbrough TS1 3LS2
£45K07/230.52 mi71, Egerton Street, Middlesbrough TS1 3LS2
£56.2K04/210.53 mi24, Aubrey Street, Middlesbrough TS1 3LY2
£85K06/230.53 mi11, Brigham Road, Middlesbrough TS3 7DG2
£63K05/210.53 mi26, Roscoe Street, Middlesbrough TS1 3HN2
£52.5K03/210.54 mi9, Roscoe Street, Middlesbrough TS1 3HN2
£62K06/230.56 mi15, Haddon Street, Middlesbrough TS1 3JL2
£88K06/230.59 mi23, Livingstone Road, Middlesbrough TS3 6ET2
£49K08/230.59 mi11, Livingstone Road, Middlesbrough TS3 6ET2
£48.5K04/210.59 mi35, Saltwells Road, Middlesbrough TS4 2EB2
£100K05/230.59 mi11, Millfield Road, Middlesbrough TS3 6ES2
£118K08/210.59 mi5, Millfield Road, Middlesbrough TS3 6ES2
£61.5K11/200.6 mi34, Talbot Street, Middlesbrough TS1 3EP2
£70K06/210.6 mi2, Chevin Walk, Middlesbrough TS3 7QD2
£48.5K01/210.61 mi27, Esher Street, Middlesbrough TS1 3EN2
£72K10/210.62 mi23, Aubrey Street, Middlesbrough TS1 3NH2
£103K11/220.63 mi42, Crossfell Road, Middlesbrough TS3 7PX2
£50.5K05/230.63 mi10, Seaton Street, Middlesbrough TS1 3NQ2
£60K05/230.63 mi9, Seaton Street, Middlesbrough TS1 3NQ2

Local Rents

10 rents from £433/mo to £675/mo, average is £645/mo.

RentDateDistanceAddressBeds 
£57510/240.08 miMarton Road, Middlesbrough2
£65010/240.17 miMayfair Avenue, MIDDLESBROUGH2
£65001/250.17 mi-2
£64012/240.41 mi-2
£56510/240.49 mi-2
£65010/240.54 miRoscoe Street, Middlesbrough2
£67511/240.55 mi-2
£43310/240.6 miWoodlands Road, Middlesbrough, North Yorkshire, TS12
£43310/240.6 miWoodlands Road, Middlesbrough, North Yorkshire, TS12
£65010/240.62 miDouglas Court, Douglas Street, Middlesbrough, North Yorkshire, TS42

Local Area Statistics

Population in TS4

16,950

Population in Middlesbrough

189,245

Town centre distance

1.45 miles away

Nearest school

0.20 miles away

Nearest train station

1.27 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+47%

Sales demand

Seller's market

Capital growth (5yrs)

-3%

Property History

Listed for £99,950

March 6, 2025

Floor Plans

Description

  • Chain Free Sale! +
  • Ideal for First Time Buyers & Young Couples Alike! +
  • Gas Central Heating with a Baxi Combi Boiler +
  • Large Bathroom with a Five Piece Suite +
  • Secluded Rear Garden +
  • Multi-Fuel Burner +
  • Walking Distance to James Cook University Hospital +

A great launching pad to get onto the property ladder! This two bedroom semi has been very well looked after and is only in need of some slight updating.

There's some good schooling in the area with local amenities and near a major bus route.

Notable features include gas central heating with a Baxi boiler, secluded rear garden, multi-fuel burner, good sized kitchen with white units, is well maintained and within walking distance to James Cook University Hospital.

The property comprises entrance hall, lounge/dining room and kitchen. On the first floor there are two bedrooms and a bathroom with a five-piece suite. Externally there are gardens to the front and rear.

Tenure - Freehold

Council Tax Band B

Agent Details

Michael Poole, Middlesbrough

01642 049224

Next Steps?

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