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2 Bed Terraced House, Single Let, Stockton-on-Tees, TS17 7HG, £50,000

Langley Avenue, Thornaby, Stockton-on-Tees, Durham, TS17 7HG - 3 views - 2 months ago

Auction
BTL
ROI: 15%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£39.5K - £230K
Sold Prices/m²£248/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£734/m²

Value Estimate

£61,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£3,700

Total Cash In

£16,200

 

 

Cash Out

 

Rent Range

£425 - £725

Rent Estimate

£475

Running Costs/mo

£271

Cashflow/mo

£204

Cashflow/yr

£2,445

ROI

15%

Gross Yield

11%

Local Sold Prices

41 sold prices from £39.5K to £230K, average is £73K. £248/m² to £2.9K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£39.5K02/240.04 mi44, Langley Avenue, Thornaby, Stockton-on-tees TS17 7HG2
£51.5K05/210.06 mi21, Easton Street, Thornaby, Stockton-on-tees TS17 7DQ2
£61K07/230.11 mi14, Falkirk Street, Thornaby, Stockton-on-tees TS17 7HT2
£55.3K11/230.11 mi20, Falkirk Street, Thornaby, Stockton-on-tees TS17 7HT2
£68K05/210.13 mi8, Anderson Road, Thornaby, Stockton-on-tees TS17 7EW2
£40K04/240.14 mi141, Westbury Street, Thornaby, Stockton-on-tees TS17 6NE2
£64K05/210.15 mi9, Cranworth Green, Thornaby, Stockton-on-tees TS17 7ED2
£52K09/210.15 mi9, Stainsby Street, Thornaby, Stockton-on-tees TS17 6HP2
£50K03/210.15 mi34, Stainsby Street, Thornaby, Stockton-on-tees TS17 6HP2
£50K11/220.15 mi31, Stainsby Street, Thornaby, Stockton-on-tees TS17 6HP2
£76.5K11/230.16 mi52, Balmoral Avenue, Thornaby, Stockton-on-tees TS17 7JP2
£64K05/210.16 mi18, Hartington Close, Thornaby, Stockton-on-tees TS17 6PH2
£43K01/210.18 mi30, Stranton Street, Thornaby, Stockton-on-tees TS17 6LL2
£90K11/230.24 mi2, Barnard Close, Thornaby, Stockton-on-tees TS17 6PE2
£73K09/210.34 mi37, Diamond Road, Thornaby, Stockton-on-tees TS17 8BP2
£86K06/210.34 mi39, Diamond Road, Thornaby, Stockton-on-tees TS17 8BP2
£107K10/210.45 mi78, Thorntree Road, Thornaby, Stockton-on-tees TS17 8FZ2
£104K01/230.45 mi23, Pottery Wharf, Thornaby, Stockton-on-tees TS17 6DT2
£97K04/230.54 mi294, Thornaby Road, Thornaby, Stockton-on-tees TS17 8PE2
£104K10/230.58 mi315, Thornaby Road, Thornaby, Stockton-on-tees TS17 8PH2
£98K09/230.59 mi10, Windsor Oval, Thornaby, Stockton-on-tees TS17 8PP2
£128K02/240.6 mi296, Thornaby Road, Thornaby, Stockton-on-tees TS17 8PJ2
£72K02/210.65 mi28, Trinity Mews, Thornaby, Stockton-on-tees TS17 6BQ2
£100K12/220.67 mi22, Trinity Mews, Thornaby, Stockton-on-tees TS17 6BQ2
£190K04/210.72 mi4, Whingroves, Thornaby, Stockton-on-tees TS17 9AH2
£70K01/210.75 mi14, Laburnum Avenue, Thornaby, Stockton-on-tees TS17 8ND2
£87K09/230.78 mi27, Richardson Road, Thornaby, Stockton-on-tees TS17 8QA2
£135K07/210.85 mi41, Wolsingham Drive, Thornaby, Stockton-on-tees TS17 9DW2
£162K04/230.85 mi33, Wolsingham Drive, Thornaby, Stockton-on-tees TS17 9DW2
£123K02/210.85 mi27, Wolsingham Drive, Thornaby, Stockton-on-tees TS17 9DW2
£95K03/230.86 mi15, Raisdale Close, Thornaby, Stockton-on-tees TS17 9BY2
£140K12/230.92 mi21, Eastleigh, Thornaby, Stockton-on-tees TS17 9DG2
£230K12/230.94 mi20, Orchard Road, Thornaby, Stockton-on-tees TS17 0AW2
£50K02/210.94 mi1, Westcott Street, Stockton-on-tees TS18 3EQ2
£100K05/210.95 mi12, Stanstead Way, Thornaby, Stockton-on-tees TS17 9DZ2
£58K12/220.96 mi3, Trinity Street, Stockton-on-tees TS18 3EF2
£39.5K02/210.96 mi20, Trinity Street, Stockton-on-tees TS18 3EF2
£140K09/230.96 mi51, Wolsingham Drive, Thornaby, Stockton-on-tees TS17 9EG2
£63K10/231 mi15, Whitwell Close, Stockton-on-tees TS18 3JQ2
£57K03/211 mi42, St Cuthberts Road, Stockton-on-tees TS18 3JY2
£72K11/221 mi42, St Cuthberts Road, Stockton-on-tees TS18 3JY2

Local Rents

15 rents from £425/mo to £725/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£50010/240.08 miRoseberry View, Thornaby, Stockton-on-tees2
£42510/240.09 miRoseberry View, Thornaby on Tees, TS17 7HP2
£57503/250.16 mi-2
£50010/240.17 miHavelock Street, Thornaby on Tees, TS17 6HN2
£65009/240.2 mi-2
£65001/250.2 mi-2
£55002/240.2 mi-2
£55004/250.21 mi-2
£65010/240.34 miPark Terrace, Thornaby, STOCKTON-ON-TEES2
£72504/250.38 mi-2
£67510/240.43 miSun Gardens, Thornaby2
£65011/240.43 mi-2
£65011/240.43 mi-2
£65010/240.45 miSun Gardens, Thornaby2
£57510/240.45 miThorntree Road, TS172

Links

Local Area Statistics

Population in TS17

44,647

Population in Stockton-on-Tees

149,709

Town centre distance

1.81 miles away

Nearest school

0.10 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £50,000

March 10, 2025

Floor Plans

Description

  • Two Double Bedrooms +
  • Investment Opportunity +
  • Enclosed Courtyard To The Rear +

To be sold via online auction. Fees apply

Investment Opportunity – Two-Bedroom Mid-Terrace Property on Langley Avenue, Thornaby

Located on Langley Avenue in the heart of Thornaby, Stockton-on-Tees this two-bedroom mid-terrace property offers a buy-to-let investment opportunity. The property is currently tenanted, generating a rental income of £475 per calendar month.

Briefly comprises Entrance, hallway, lounge, dining area, kitchen, two generously sized bedrooms and a family bathroom. This home also benefits from an enclosed courtyard to the rear.

Situated in a popular residential area, the property is close to local amenities, transport links, and schools, making it a desirable rental option.

Please call the Stockton branch today for more information and to arrange an internal inspection.

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Stockton-On-Tees

01642 056281

Next Steps?

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

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