3 Bed Semi-Detached House, Single Let, Middlesbrough, TS6 0UB, £65,000

Oatfields Court, Eston, Middlesbrough, TS6 0UB - 3 views - a month ago

Auction
BTL
ROI: 12%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£60K - £315K
Sold Prices/m²£597/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£699/m²

Value Estimate

£87,840
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£4,800

Total Cash In

£21,050

 

 

Cash Out

 

Rent Range

£595 - £800

Rent Estimate

£603

Running Costs/mo

£344

Cashflow/mo

£259

Cashflow/yr

£3,111

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £60K to £315K, average is £110K. £597/m² to £3K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£67K12/200.07 mi5, Oakley Walk, Middlesbrough, Redcar And Cleveland TS6 0TE3
£82K09/230.08 mi94, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF3
£60K11/230.08 mi64, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF3
£84K12/220.13 mi61, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£71K08/210.14 mi101, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£75K03/210.14 mi81, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£85K01/230.14 mi36, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£70K10/210.14 mi76, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£65K12/200.17 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.17 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.17 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.17 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.17 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£77K12/200.18 mi42, Keats Road, Middlesbrough, Redcar And Cleveland TS6 0RW3
£101K08/210.19 mi99, Barnaby Crescent, Middlesbrough, Redcar And Cleveland TS6 9HL3
£116K12/230.19 mi16, Keats Road, Middlesbrough, Redcar And Cleveland TS6 0RR3
£108K04/210.22 mi5, Nab Close, Middlesbrough, Redcar And Cleveland TS6 9HJ3
£95K04/230.22 mi11, Nab Close, Middlesbrough, Redcar And Cleveland TS6 9HJ3
£143K11/230.24 mi79, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RF3
£83K07/210.25 mi39, Webster Road, Middlesbrough, Redcar And Cleveland TS6 0RG3
£140K10/220.25 mi39, Webster Road, Middlesbrough, Redcar And Cleveland TS6 0RG3
£207.5K11/200.25 mi10, Woodlands Drive, Normanby, Middlesbrough, Redcar And Cleveland TS6 0NW3
£315K08/230.26 mi110, Flatts Lane, Middlesbrough, Redcar And Cleveland TS6 0PW3
£110K07/210.26 mi5, Sandmoor Close, Middlesbrough, Redcar And Cleveland TS6 9EF3
£138K09/230.27 mi36, Clive Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RT3
£115K05/230.27 mi34, Clive Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RT3
£108K06/230.29 mi9, Newton Close, Middlesbrough, Redcar And Cleveland TS6 9HS3
£125K05/230.29 mi4, Marton Crescent, Middlesbrough, Redcar And Cleveland TS6 9HQ3
£215.5K10/210.3 mi171, Flatts Lane, Middlesbrough, Redcar And Cleveland TS6 0PP3
£125K01/240.3 mi43, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RE3
£120K04/210.3 mi46, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RE3
£89K12/230.3 mi12, Ayton Crescent, Middlesbrough, Redcar And Cleveland TS6 9HF3
£110K12/200.3 mi13, Ayton Crescent, Middlesbrough, Redcar And Cleveland TS6 9HF3
£183K02/230.31 mi7, South Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0NS3
£130K03/230.33 mi45, Barnaby Crescent, Middlesbrough, Redcar And Cleveland TS6 9HR3
£280K08/210.34 mi10, Woodlands Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0PS3
£285K08/210.34 mi12, Woodlands Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0PS3
£146K12/200.34 mi68, West Street, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LQ3
£92.5K03/230.35 mi42, Cleveland Street, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LU3
£122.5K11/210.35 mi5, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0QZ3
£128K10/220.35 mi13, Station Road, Eston, Middlesbrough, Redcar And Cleveland TS6 9EW3
£199K01/210.36 mi2, Flatts Lane Drive, Middlesbrough, Redcar And Cleveland TS6 0PR3
£70.5K10/230.37 mi50, Jubilee Road, Middlesbrough, Redcar And Cleveland TS6 9HB3
£150K11/230.38 mi17, Grosvenor Gardens, Middlesbrough, Redcar And Cleveland TS6 0LG3
£95K08/230.38 mi28a, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 0QX3
£105K11/220.38 mi28, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 0QX3
£265K03/230.4 mi14, Parkway Drive, Middlesbrough, Redcar And Cleveland TS6 0NU3
£245K08/230.4 mi48, Hollywalk Drive, Middlesbrough, Redcar And Cleveland TS6 0PL3
£170K12/220.41 mi17, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0PZ3
£152K12/210.42 mi15, Firtree Avenue, Middlesbrough, Redcar And Cleveland TS6 0PQ3

Local Rents

11 rents from £595/mo to £800/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£59511/240.07 mi-3
£65010/240.13 miHolmefields Road, Middlesbrough, TS63
£65006/240.17 mi-3
£65002/250.17 mi-3
£65002/250.18 mi-3
£70002/240.23 mi-3
£70011/240.23 mi-3
£62510/240.35 mi-3
£60010/240.41 miEdwards Street, Middlesbrough, TS63
£80004/250.45 mi-3
£62510/240.46 miThe Jennings, Normanby, Middlesbrough, TS6 0LL3

Local Area Statistics

Population in TS6

30,239

Population in Middlesbrough

189,245

Town centre distance

1.80 miles away

Nearest school

0.10 miles away

Nearest train station

1.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Price changed to £65,000

April 5, 2025

Listed for £72,000

March 11, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • WELCOMING LOUNGE +
  • FITTED KITCHEN +
  • FAMILY BATHROOM +
  • MAINTAINABLE GARDENS +
  • DRIVEWAY +

SUMMARY
A three bedroom semi-detached family home offering great potential. Externally this home has front and rear gardens with a driveway to the front.

DESCRIPTION
A three bedroom semi-detached family home offering great potential. The ground floor offers a lounge which flows onto the fitted kitchen. The first floor has three well proportioned bedrooms accompanied by a family bathroom. Externally this home has front and rear gardens with a driveway to the front.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall  
Entered via UPVC double glazed door, UPVC double glazed window to front, stairs to first floor, radiator.

Lounge  14' (max) x 12' 4" (max) ( 4.27m (max) x 3.76m (max) )
UPVC double glazed window to front, radiator, TV point, telephone point, under stairs storage cupboard/.

Kitchen  15' 7" x 9' 2" ( 4.75m x 2.79m )
Range of wall and base units with complimentary working surfaces, integral double oven, five ring gas hob with extractor fan over, sink with draining board and mixer tap, UPVC double glazed window to rear, UPVC double glazed doors to rear.

First Floor Landing  
Void loft access.

Bedroom 1  12' 4" x 9' 2" ( 3.76m x 2.79m )
UPVC double glazed window to front, radiator.

Bedroom 2  11' 3" x 9' 5" ( 3.43m x 2.87m )
UPVC double glazed window to rear, radiator.

Bedroom 3  7' x 6' 9" ( 2.13m x 2.06m )
UPVC double glazed window to rear, radiator, spotlights.

Family Bathroom  
UPVC double glazed window to front, heated chrome towel rail, WC, wash hand basin with mixer tap, bath with mixer taps, wall mounted shower.

Externally  

Front Garden  
Driveway, stone front garden.

Rear Garden  
Artificial turfed section, decking seating area, timber built storage shed.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Manners & Harrison, Middlesbrough

01642 056044

Next Steps?

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