3 Bed Semi-Detached House, Single Let, Middlesbrough, TS5 4PE, £70,000

Crathorne Crescent, Middlesbrough, TS5 4PE - 4 views - 25 days ago

BTL

ROI: 17%

~93 m²

+5 photos

ValuationUndervalued

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

Square Metres	~93 m²
Price/m²	£753/m²
Value Estimate	£86,100£86,100
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£17,500£17,500
Stamp Duty & Legal Fees	£4,700£4,700
Total Cash In	£22,200£22,200

Cash Out
Rent Range	£650 - £1,050£650 - £1,050
Rent Estimate	£699
Running Costs/mo	£379£379
Cashflow/mo	£320£320
Cashflow/yr	£3,845£3,845
ROI	17%17%
Gross Yield	12%12%

Local Sold Prices

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

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£86.5K	07/23	0.02 mi	24, Maldon Road, Middlesbrough TS5 4PJ	-	-	3	Terraced House
£73.5K	12/22	0.07 mi	6, Alton Road, Middlesbrough TS5 4NX	-	-	3	Terraced House
£106K	01/24	0.08 mi	25, Alton Road, Middlesbrough TS5 4NX	£1,363	78	3	Terraced House
£64K	01/21	0.1 mi	12, Beadon Grove, Middlesbrough TS5 4NT	£831	77	3	Terraced House
£100K	07/23	0.11 mi	16, Northern Road, Middlesbrough TS5 4NU	£1,098	91	3	Terraced House
£76K	03/24	0.11 mi	122, West Lane, Middlesbrough TS5 4EJ	£1,101	69	3	Terraced House
£64K	04/23	0.11 mi	8, Northern Road, Middlesbrough TS5 4PB	-	-	3	Terraced House
£104K	06/23	0.12 mi	24, Stratford Crescent, Middlesbrough TS5 4PQ	£1,182	88	3	Terraced House
£70K	01/23	0.14 mi	79, Maldon Road, Middlesbrough TS5 4PG	-	-	3	Terraced House
£87K	02/24	0.15 mi	78, Northern Road, Middlesbrough TS5 4NS	£853	102	3	Terraced House
£71.5K	11/20	0.18 mi	2, Lydbrook Road, Middlesbrough TS5 4NR	£955	75	3	Terraced House
£46K	06/21	0.18 mi	18, Lydbrook Road, Middlesbrough TS5 4NR	£569	81	3	Terraced House
£46K	12/20	0.18 mi	21, Lydbrook Road, Middlesbrough TS5 4NR	-	-	3	Terraced House
£93.8K	10/21	0.18 mi	66, Connaught Road, Middlesbrough TS5 4AN	-	-	3	Terraced House
£73K	10/20	0.18 mi	46, Connaught Road, Middlesbrough TS5 4AN	£820	89	3	Terraced House
£68K	11/20	0.18 mi	52, Connaught Road, Middlesbrough TS5 4AN	£800	85	3	Terraced House
£85K	03/23	0.18 mi	46, Connaught Road, Middlesbrough TS5 4AN	£955	89	3	Terraced House
£82K	11/20	0.25 mi	39, Connaught Road, Middlesbrough TS5 4AP	£1,079	76	3	Terraced House
£82K	02/24	0.25 mi	6, Connaught Road, Middlesbrough TS5 4AP	£1,051	78	3	Terraced House
£85K	12/20	0.26 mi	26, Dunstable Road, Middlesbrough TS5 4AL	£895	95	3	Terraced House
£110K	12/23	0.26 mi	14, Dunstable Road, Middlesbrough TS5 4AL	£1,279	86	3	Terraced House
£79K	10/23	0.27 mi	20, Corder Road, Middlesbrough TS5 4AS	£1,015	78	3	Terraced House
£93K	07/23	0.27 mi	15, Corder Road, Middlesbrough TS5 4AS	-	-	3	Terraced House
£90K	04/23	0.27 mi	19, Corder Road, Middlesbrough TS5 4AS	-	-	3	Terraced House
£93K	06/23	0.3 mi	35, West Lane, Middlesbrough TS5 4DH	£979	95	3	Terraced House
£63K	01/21	0.32 mi	28, Bishop Street, Middlesbrough TS5 4AT	£864	73	3	Terraced House
£130K	08/23	0.34 mi	82, Stockton Road, Middlesbrough TS5 4AQ	£1,512	86	3	Terraced House
£107.5K	08/23	0.34 mi	21, West Lane, Middlesbrough TS5 4DE	£951	113	3	Terraced House
£118K	10/21	0.34 mi	59, Studley Road, Middlesbrough TS5 5BP	£1,532	77	3	Semi-Detached House
£82K	12/22	0.35 mi	23, Ayresome Green Lane, Middlesbrough TS5 4DT	£965	85	3	Terraced House
£90K	01/23	0.37 mi	94, Ayresome Grange Road, Middlesbrough TS5 4DX	-	-	3	Terraced House
£179K	05/21	0.37 mi	18, Grosvenor Road, Middlesbrough TS5 5BU	£1,832	98	3	Semi-Detached House
£83K	05/23	0.38 mi	100, Meath Street, Middlesbrough TS1 4RY	£1,025	81	3	Terraced House
£88K	04/21	0.39 mi	53, Westbourne Road, Middlesbrough TS5 5BH	£1,048	84	3	Terraced House
£130K	10/21	0.39 mi	11, Aidan Court, Middlesbrough TS5 4BS	£1,494	87	3	Semi-Detached House
£100K	07/23	0.39 mi	23, Studley Road, Middlesbrough TS5 5BW	-	-	3	Terraced House
£130K	03/23	0.39 mi	59, Aidan Court, Middlesbrough TS5 4BS	£1,711	76	3	Semi-Detached House
£77K	01/21	0.39 mi	9, Waterford Terrace, Middlesbrough TS1 4RX	£917	84	3	Terraced House
£110K	09/21	0.4 mi	23, Burlam Road, Middlesbrough TS5 5AN	£948	116	3	Terraced House
£40K	04/21	0.4 mi	104, Longford Street, Middlesbrough TS1 4RL	£555	72	3	Terraced House
£52K	02/23	0.4 mi	116, Longford Street, Middlesbrough TS1 4RL	£598	87	3	Terraced House
£97K	03/21	0.41 mi	83, Clough Close, Middlesbrough TS5 5ET	£1,426	68	3	Terraced House
£118K	12/23	0.41 mi	99, Clough Close, Middlesbrough TS5 5ET	£1,710	69	3	Terraced House
£96K	06/21	0.41 mi	11, Dufton Road, Middlesbrough TS5 5AW	£1,032	93	3	Terraced House
£117K	11/23	0.41 mi	93, Maddren Way, Middlesbrough TS5 5BD	-	-	3	Terraced House
£86.5K	07/22	0.42 mi	60, Carlow Street, Middlesbrough TS1 4SB	-	-	3	Semi-Detached House
£115K	01/21	0.42 mi	48, Westbourne Road, Middlesbrough TS5 5BJ	£1,211	95	3	Semi-Detached House
£115K	07/23	0.42 mi	32, Westbourne Road, Middlesbrough TS5 5BJ	£1,292	89	3	Semi-Detached House
£87K	07/23	0.42 mi	111, Carlow Street, Middlesbrough TS1 4SA	£1,130	77	3	Terraced House
£108K	01/21	0.44 mi	120, Hambledon Road, Middlesbrough TS5 5EF	£1,149	94	3	Terraced House

Local Rents

21 rents from £650/mo to £1.1K/mo, average is £825/mo.

Rent	Date	Distance	Address	Beds	Type
£1,015	10/24	0.16 mi	Acklam Gardens, Middlesbrough, TS5	3	Detached House
£1,050	10/24	0.21 mi	Acklam Gardens, Middlesbrough, TS5	3	Detached House
£1,015	10/24	0.21 mi	Acklam Gardens, Middlesbrough, TS5	3	Detached House
£1,015	10/24	0.32 mi	Acklam Gardens, Middlesbrough, TS5	3	Detached House
£1,015	10/24	0.32 mi	Acklam Gardens, Middlesbrough, TS5	3	Detached House
£800	04/25	0.33 mi	-	3	Terraced House
£995	10/24	0.34 mi	Acklam Gardens, Middlesbrough, TS5	3	Detached House
£750	01/25	0.34 mi	-	3	Terraced House
£950	03/25	0.42 mi	-	3	Terraced House
£825	10/24	0.44 mi	Clough Close, Middlesbrough	3	Terraced House
£695	02/25	0.47 mi	-	3	Terraced House
£725	10/24	0.48 mi	Longford Street, Middlesbrough	3	Terraced House
£950	01/25	0.5 mi	-	3	Terraced House
£1,000	03/25	0.53 mi	-	3	Terraced House
£650	10/24	0.53 mi	Harford Street, Middlesbrough	3	Terraced House
£675	04/25	0.57 mi	-	3	Terraced House
£700	10/24	0.57 mi	Nesham Road, Middlesbrough, North Yorkshire, TS1	3	Flat
£745	02/25	0.59 mi	-	3	Flat
£750	03/25	0.61 mi	-	3	Terraced House
£750	03/25	0.61 mi	-	3	Terraced House
£850	03/25	0.61 mi	-	3	Semi-Detached House

Local Area Statistics

Population in TS5	39,38739,387
Population in Middlesbrough	189,245189,245
Town centre distance	2.86 miles away2.86 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	1.54 miles away1.54 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+10%+10%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+11%+11%

Property History

Listed for £70,000

March 8, 2025

Floor Plans

Description

Chain Free Sale +
Ideal for Investors +
Gas Central Heating +
Boarded Loft Space +
Sold as Seen +
Separate Reception Rooms +
Working Fireplace in Master Bedroom +
Great Transport Links +
Private Rear Garden with Summerhouse +
UPVC Double Glazed Windows +

Ideal for investors!

Notable features include gas central heating with a combi boiler, front porch, garden access from the alley way, boarded out loft space with loft ladder, separate reception rooms, three bedrooms, private rear garden with summerhouse which is ideal for kids, and good transport links into town.

The property comprises entrance porch, hall, lounge, dining room and kitchen. 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 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.

3 Bed House, Single Let, Middlesbrough, TS5 4PE

£95,000

a month ago • 93 m²

Sold STC

3 Bed House, Single Let, Middlesbrough, TS5 4PL

£120,000

5 months ago • 93 m²

Sold STC

3 Bed House, Single Let, Middlesbrough, TS5 4NX

£105,000

11 views • 5 months ago • 93 m²

Sold STC

3 Bed House, Single Let, Middlesbrough, TS5 4PE

£105,000

6 views • 3 months ago • 93 m²

3 Bed Semi-Detached House, Single Let, Middlesbrough, TS5 4PE, £70,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

Similar Properties

3 Bed House, Single Let, Middlesbrough, TS5 4PE

3 Bed House, Single Let, Middlesbrough, TS5 4PL

3 Bed House, Single Let, Middlesbrough, TS5 4NX

3 Bed House, Single Let, Middlesbrough, TS5 4PE

Cashflows

Local Sold Prices

Local Rents