3 Bed Terraced House, Refurb/BRRR, Middlesbrough, TS5 6PX, £40,000

19 Edmundsbury Road, Middlesbrough, TS5 6PX - 42 views - 19 days ago

Auction
Refurb/BRRR
ROI: 4%
96 m²
+10 photos

ValuationFair Value

Sold Prices£64.6K - £167K
Sold Prices/m²£751/m² - £1.8K/m²

 

 

Square Metres

96 m²
Price/m²£417/m²

Value Estimate

£40,000

 

 

End Value (After Refurb)

£124,147

Uplift in Value

+210%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£10,000

Stamp Duty & Legal Fees

£3,200

Refurb Costs

£37,881

Bridging Loan Interest

£1,050

Total Cash In

£53,881

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£124,147

Agent Fees (1%)

£1,241

Bridging Loan

£30,000

Bridging Loan Interest

£1,050

Flip Profit

£39,024

Local Sold Prices

50 sold prices from £64.6K to £167K, average is £121K. £751/m² to £1.8K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£146.2K03/230.02 mi5, Edmundsbury Road, Middlesbrough TS5 6PX3
£120K10/230.03 mi39a, Southwell Road, Middlesbrough TS5 6PZ3
£133K01/210.04 mi1, Lichfield Road, Middlesbrough TS5 6QA3
£139.9K05/240.04 mi8, Lichfield Road, Middlesbrough TS5 6QA3
£138K05/240.07 mi46, Mulgrave Road, Middlesbrough TS5 6PT3
£85K05/210.07 mi36, Mulgrave Road, Middlesbrough TS5 6PT3
£110K11/230.08 mi3, Southwell Road, Middlesbrough TS5 6QB3
£87K06/210.09 mi36, Phillida Terrace, Middlesbrough TS5 6LT3
£97K06/210.09 mi62, Southwell Road, Middlesbrough TS5 6NQ3
£125K01/240.11 mi1, Harrogate Crescent, Middlesbrough TS5 6PS3
£115K01/210.11 mi27, Harrogate Crescent, Middlesbrough TS5 6PS3
£110K05/230.11 mi25, Harrogate Crescent, Middlesbrough TS5 6PS3
£123K11/200.11 mi3, Norwich Road, Middlesbrough TS5 6NN3
£114K06/210.12 mi11, Winchester Road, Middlesbrough TS5 6NJ3
£135K12/220.12 mi39, Rochester Road, Middlesbrough TS5 6QG3
£100K01/240.13 mi8, Wakefield Road, Middlesbrough TS5 6NL3
£125K09/210.14 mi23, Rochester Road, Middlesbrough TS5 6QG3
£122K06/210.14 mi35, Rochester Road, Middlesbrough TS5 6QG3
£97K11/230.14 mi51, Valley Road, Middlesbrough TS4 2RY3
£130K12/230.14 mi39, Lancaster Road, Middlesbrough TS5 6PG3
£128K11/210.14 mi52, Lancaster Road, Middlesbrough TS5 6PG3
£125K07/230.14 mi44, Lancaster Road, Middlesbrough TS5 6PG3
£75K04/210.14 mi69, Lancaster Road, Middlesbrough TS5 6PG3
£135K10/230.14 mi29, Lancaster Road, Middlesbrough TS5 6PG3
£99K11/200.14 mi61, Lancaster Road, Middlesbrough TS5 6PG3
£120K11/210.14 mi41, York Road, Middlesbrough TS5 6LJ3
£143K04/230.14 mi99, York Road, Middlesbrough TS5 6LJ3
£122.5K03/210.14 mi69, York Road, Middlesbrough TS5 6LJ3
£150K03/230.15 mi76, Southwell Road, Middlesbrough TS5 6NG3
£115K08/210.18 mi37, Westminster Road, Middlesbrough TS5 6NE3
£138.5K07/230.18 mi47, Westminster Road, Middlesbrough TS5 6NE3
£152K05/240.18 mi27, Norwich Road, Middlesbrough TS5 6NW3
£64.6K03/210.18 mi104, Eden Road, Middlesbrough TS4 2SD3
£115K03/210.19 mi58, Westminster Road, Middlesbrough TS5 6ND3
£92.5K12/200.21 mi28, Westminster Road, Middlesbrough TS5 6NA3
£112.5K05/210.21 mi1, Chelmsford Road, Middlesbrough TS5 6PH3
£127K01/210.21 mi16, Lancaster Road, Middlesbrough TS5 6PF3
£117.5K02/210.21 mi3, Lancaster Road, Middlesbrough TS5 6PF3
£130K10/230.21 mi20, Lancaster Road, Middlesbrough TS5 6PF3
£92K11/220.22 mi6, Urswick Close, Middlesbrough TS4 2XP3
£143.5K02/230.22 mi3, Lancaster Road, Middlesbrough TS5 6PF3
£73K04/210.22 mi65, Westminster Road, Middlesbrough TS5 6NR3
£125K12/220.23 mi14, Chelmsford Road, Middlesbrough TS5 6PH3
£105K05/210.24 mi6, Canterbury Grove, Middlesbrough TS5 6NS3
£123K02/240.24 mi111, Park Road South, Middlesbrough TS5 6LF3
£137K12/210.25 mi102, Westminster Road, Middlesbrough TS5 6NP3
£82K05/210.25 mi76, Westminster Road, Middlesbrough TS5 6NP3
£65K08/210.28 mi29a, Marton Grove Road, Middlesbrough TS4 2SG3
£167K04/210.35 mi42, Beech Grove Road, Middlesbrough TS5 6RF3
£94K01/240.36 mi25a, Chipchase Road, Middlesbrough TS5 6DD3

Local Rents

19 rents from £390/mo to £1.2K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£74503/250.1 mi-3
£85010/240.11 mi-3
£80002/240.13 mi-3
£57502/240.18 mi-3
£88010/240.26 mi-3
£76509/240.39 mi-3
£85010/240.43 mi-3
£75003/250.44 mi-3
£85003/250.45 mi-3
£74502/250.53 mi-3
£69502/250.58 mi-3
£1,20010/240.58 miAlbert Terrace, Middlesbrough3
£75010/240.6 mi-3
£39010/240.61 miAubrey Street, Middlesbrough3
£89510/240.61 miMarton Road, Middlesbrough,TS43
£70003/250.61 mi-3
£75003/250.61 mi-3
£52010/240.62 miEgerton Street, Middlesborough, TS13
£39010/240.62 miApsley Street, Middlesbrough3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

1.81 miles away

Nearest school

0.20 miles away

Nearest train station

1.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £40,000

March 7, 2025

Floor Plans

Description

LOT 47 FOR SALE BY ONLINE AUCTION on 26th March 2025

Six Week Completion or Earlier

Freehold House Vacant Possession

Situated off Southwell Road, close to the amenities available in Middlesbrough Town Centre and travelling facilities including Middlesbrough Train Station. Albert Park is also nearby.

An End of Terrace House requiring modernisation with accommodation arranged on Two Floors comprising:

First Floor
Bedroom (One)
Bedroom (Two)
Bedroom (Three)
Bathroom/WC

Ground Floor
Entrance Hall
Through Reception Room
Kitchen
Rear Porch

Front Garden

Garden at Rear

Tenancy
Vacant Possession

EPC Rating
TBC

Council Tax Band
B

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.

Agent Details

McHugh & Co, London

020 3907 9877

Next Steps?

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