3 Bed Semi-Detached House, Refurb/BRRR, Stockton-on-Tees, TS18 5NA, £215,000

Birkdale Road, Stockton-on-Tees, Durham, TS18 5NA - 3 days ago

Refurb/BRRR
~93 m²
+4 photos

ValuationOvervalued

Sold Prices£92.5K - £455K
Sold Prices/m²£1.2K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£165,168

 

 

End Value (After Refurb)

£200,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£11,950

Refurb Costs

£36,800

Bridging Loan Interest

£5,644

Total Cash In

£109,894

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£200,000

Mortgage (After Refinance)

£150,000

Mortgage LTV

75%

Cash Left In

£109,894

Equity

£50,000

Rent Range

£600 - £1,400

Rent Estimate

£800

Running Costs/mo

£805

Cashflow/mo

£-5

Cashflow/yr

£-60

Gross Yield

4%

Local Sold Prices

50 sold prices from £92.5K to £455K, average is £175K. £1.2K/m² to £3.4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£141.5K04/210.07 mi6, Ellerton Road, Stockton-on-tees TS18 5NJ3
£160K04/210.07 mi19, Ellerton Road, Stockton-on-tees TS18 5NJ3
£180K03/210.09 mi17, Birkdale Road, Stockton-on-tees TS18 5LZ3
£180K11/230.1 mi67, Birkdale Road, Stockton-on-tees TS18 5JS3
£200K05/230.12 mi2, Thornborough Close, Stockton-on-tees TS18 5PA3
£92.5K12/200.12 mi55, Dunedin Avenue, Stockton-on-tees TS18 5JH3
£165K05/210.12 mi39, Dunedin Avenue, Stockton-on-tees TS18 5JH3
£157K06/230.12 mi6, Leyburn Grove, Stockton-on-tees TS18 5NH3
£160K01/210.12 mi1, Fleetham Grove, Stockton-on-tees TS18 5LH3
£135K10/230.13 mi21, Christchurch Drive, Stockton-on-tees TS18 5JY3
£225K01/230.13 mi12, Melsonby Grove, Stockton-on-tees TS18 5PF3
£165.5K11/200.15 mi14, Welbury Close, Stockton-on-tees TS18 5LJ3
£178K06/210.15 mi4, Melsonby Grove, Stockton-on-tees TS18 5PF3
£172K10/210.15 mi123, Auckland Way, Stockton-on-tees TS18 5JU3
£182K03/210.15 mi1, Fearby Road, Stockton-on-tees TS18 5NU3
£200K07/230.17 mi5, Oaktree Grove, Stockton-on-tees TS18 5NG3
£155K11/230.17 mi3, Woodhall Grove, Stockton-on-tees TS18 5NQ3
£183K02/210.19 mi10, Marrick Road, Stockton-on-tees TS18 5LW3
£185K12/220.22 mi30, Auckland Way, Stockton-on-tees TS18 5LB3
£143K03/210.22 mi44, Auckland Way, Stockton-on-tees TS18 5LB3
£155K04/210.22 mi46, Auckland Way, Stockton-on-tees TS18 5LB3
£132K03/210.22 mi47, Auckland Way, Stockton-on-tees TS18 5LB3
£130K08/230.22 mi6, Christchurch Drive, Stockton-on-tees TS18 5JZ3
£145K03/210.25 mi50, Langthorne Grove, Stockton-on-tees TS18 5PL3
£175K09/230.25 mi25, Langthorne Grove, Stockton-on-tees TS18 5PL3
£140K01/210.26 mi4, Rainton Grove, Stockton-on-tees TS18 5PS3
£112K11/200.28 mi34, Dunedin Avenue, Stockton-on-tees TS18 5JF3
£146K11/220.28 mi28, Ravensworth Grove, Stockton-on-tees TS18 5PP3
£150K10/230.29 mi18, Sawley Grove, Stockton-on-tees TS18 5PR3
£165K09/230.29 mi5, Brompton Grove, Stockton-on-tees TS18 5HF3
£210K11/210.32 mi103, Upsall Grove, Stockton-on-tees TS19 7QW3
£250K06/230.32 mi6, Auckland Way, Stockton-on-tees TS18 5LG3
£215K10/220.34 mi11, Killinghall Grove, Stockton-on-tees TS18 5PT3
£320K03/210.35 mi151, Harlsey Road, Stockton-on-tees TS18 5DA3
£254.8K10/230.35 mi131, Harlsey Road, Stockton-on-tees TS18 5DA3
£205K11/210.36 mi35, Branksome Grove, Stockton-on-tees TS18 5DD3
£210.5K11/210.36 mi10, Bedale Grove, Stockton-on-tees TS19 7QY3
£175K04/210.37 mi3, Kipling Grove, Stockton-on-tees TS19 7QT3
£150K10/230.37 mi11, Kipling Grove, Stockton-on-tees TS19 7QT3
£225K10/210.37 mi46, Marrick Road, Stockton-on-tees TS18 5LR3
£171K11/200.37 mi16, Rounton Grove, Stockton-on-tees TS19 7QL3
£187.5K06/230.37 mi17, Rounton Grove, Stockton-on-tees TS19 7QL3
£455K11/230.4 miThe Poplars, Greens Lane, Stockton-on-tees TS18 5HX3
£170K09/230.41 mi17, Redland Close, Stockton-on-tees TS18 5PY3
£139K04/210.41 mi8, Redland Close, Stockton-on-tees TS18 5PY3
£215K09/210.43 mi8, Harlsey Grove, Stockton-on-tees TS18 5DF3
£210K05/210.43 mi26, Harlsey Crescent, Stockton-on-tees TS18 5DG3
£183K06/210.43 mi32, Highfield Crescent, Stockton-on-tees TS18 5HJ3
£278K10/210.45 mi44, Lealholme Grove, Stockton-on-tees TS19 7AS3
£210K02/230.46 mi1, Harlsey Crescent, Stockton-on-tees TS18 5DG3

Local Rents

17 rents from £600/mo to £1.4K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£1,15010/240.21 miDunedin Avenue, Stockton-on-Tees3
£1,40002/250.26 mi-3
£82510/240.55 mi-3
£82510/240.55 mi-3
£82511/240.55 mi-3
£82511/240.55 mi-3
£82510/240.55 miMerring Close, Stockton On Tees, TS183
£82510/240.65 mi-3
£85002/250.94 mi-3
£69510/240.94 mi-3
£70001/250.94 mi-3
£90010/241.1 miMoorhouse Estate, Yarm Road, Eaglescliffe3
£60010/241.14 miHampton Road, Oxbridge, Stockton, TS18 4DU3
£67510/241.21 mi-3
£69509/241.21 mi-3
£69509/241.21 mi-3
£62510/231.24 mi-3

Local Area Statistics

Population in TS18

24,161

Population in Stockton-on-Tees

149,709

Town centre distance

1.64 miles away

Nearest school

0.30 miles away

Nearest train station

1.87 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £215,000

March 12, 2025

Floor Plans

Description

  • Semi-Detached House +
  • Investment Opportunity +
  • 3 Well-Sized Bedrooms +
  • Sold Tenants in Situ +
  • Open-Plan Lounge/Diner +
  • Rental Income £800pcm +
  • Family Bathroom +
  • Low-Maintenance Rear Garden +
  • Garage & Driveway +
  • Close to Amenities +

This three-bedroom semi-detached property on Birkdale Road, Stockton-on-Tees presents an excellent investment opportunity, currently tenanted and generating £800 per month in rental income. The property offers good proportions throughout and benefits from a current reliable tenant, making it ideal for investors looking to expand their portfolio.

The property's layout includes a spacious reception room with a connecting dining room, and fitted kitchen on the ground floor. Upstairs features three well-proportioned bedrooms and a family bathroom. The property also benefits from a garage and outdoor space, offering potential to add value through modernisation while maintaining rental income.

Located in a popular residential area of Stockton-on-Tees, the property is conveniently positioned for access to local amenities. The town centre is within easy reach, offering a wide range of shopping facilities, restaurants, and entertainment options. Transport links are excellent, with good road connections and regular bus services nearby.

Currently tenanted with a reliable income stream, this property represents a ready-made investment opportunity. With its generous room sizes and potential for value-adding improvements over time, we strongly recommend early viewing to appreciate the investment potential on offer.

Agent Details

Sold.co.uk, London

020 3840 3803

Next Steps?

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