3 Bed Semi-Detached House, Refurb/BRRR, Middlesbrough, TS6 0AN, £90,000

Braemar Grove, Middlesbrough, TS6 0AN - 4 views - 21 days ago

Auction
Refurb/BRRR
ROI: 4%
~93 m²
+8 photos

ValuationFair Value

Sold Prices£65K - £185K
Sold Prices/m²£771/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£91,800

 

 

End Value (After Refurb)

£120,939

Uplift in Value

+34%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£36,697

Bridging Loan Interest

£2,363

Total Cash In

£69,010

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£120,939

Mortgage (After Refinance)

£90,704

Mortgage LTV

75%

Cash Released

£23,204

Cash Left In

£45,805

Equity

£30,235

Rent Range

£600 - £1,050

Rent Estimate

£761

Running Costs/mo

£550

Cashflow/mo

£211

Cashflow/yr

£2,530

ROI

4%

Gross Yield

10%

Local Sold Prices

50 sold prices from £65K to £185K, average is £116K. £771/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£140K03/240.01 mi24, Braemar Grove, Middlesbrough, Redcar And Cleveland TS6 0AN3
£105K05/210.09 mi75, Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0AF3
£105K04/230.09 mi83, Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0AF3
£119K11/200.09 mi8, Hamilton Grove, Middlesbrough, Redcar And Cleveland TS6 0AH3
£138K12/200.13 mi19, Caithness Road, Middlesbrough, Redcar And Cleveland TS6 0AJ3
£120K04/210.13 mi17, The Larches, Middlesbrough, Redcar And Cleveland TS6 0DW3
£82.5K02/210.13 mi20, The Larches, Middlesbrough, Redcar And Cleveland TS6 0DW3
£101K10/210.14 mi21, Lime Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0DL3
£130K08/230.14 mi15, Westbourne Grove, South Bank, Middlesbrough, Redcar And Cleveland TS6 0AE3
£110K07/210.17 mi41, Kingsway Avenue, Middlesbrough, Redcar And Cleveland TS6 0AT3
£87.5K06/210.17 mi40, Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0AR3
£90K03/210.2 mi22, Belmont Avenue, South Bank, Middlesbrough, Redcar And Cleveland TS6 0AY3
£110K11/230.2 mi24, Belmont Avenue, South Bank, Middlesbrough, Redcar And Cleveland TS6 0AY3
£85K02/240.21 mi34, Lime Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0DA3
£140K01/230.21 mi24, Brunswick Avenue, Middlesbrough, Redcar And Cleveland TS6 0AD3
£117K03/230.23 mi21, Brunswick Avenue, Middlesbrough, Redcar And Cleveland TS6 0AD3
£100K05/230.23 mi15, Cranford Avenue, Middlesbrough, Redcar And Cleveland TS6 0AU3
£162.5K01/240.23 mi305, Normanby Road, Middlesbrough, Redcar And Cleveland TS6 0AZ3
£90K05/230.26 mi3, Lilac Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0BS3
£142K07/210.27 mi283, Normanby Road, Middlesbrough, Redcar And Cleveland TS6 0BA3
£130K11/220.29 mi3, Trunk Road, Middlesbrough, Redcar And Cleveland TS6 0AB3
£146K06/230.29 mi69, Lime Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0BT3
£137K12/230.29 mi58, Lime Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0BT3
£98.5K04/210.3 mi26, Sycamore Crescent, Middlesbrough, Redcar And Cleveland TS6 0BW3
£175K10/230.32 mi48, Lime Crescent, Middlesbrough, Redcar And Cleveland TS6 0BU3
£130K03/210.32 mi42, Lime Crescent, Middlesbrough, Redcar And Cleveland TS6 0BU3
£77K03/210.34 mi69, Rainsford Crescent, Middlesbrough TS3 9HF3
£155K05/230.35 mi68, Lime Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0BX3
£96K09/230.39 mi14, Burns Road, Middlesbrough, Redcar And Cleveland TS6 9AH3
£65K11/200.39 mi4, Burns Road, Middlesbrough, Redcar And Cleveland TS6 9AH3
£185K02/230.4 mi135, Lime Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0BZ3
£175K08/230.4 mi34, Keswick Road, Middlesbrough, Redcar And Cleveland TS6 0BN3
£120K11/210.43 mi6, Shelley Crescent, Middlesbrough, Redcar And Cleveland TS6 9AL3
£90K11/210.43 mi40, Shelley Crescent, Middlesbrough, Redcar And Cleveland TS6 9AL3
£91K01/210.43 mi387, Normanby Road, Middlesbrough, Redcar And Cleveland TS6 0BL3
£80K08/210.43 mi20, Grantley Avenue, Middlesbrough TS3 9HN3
£77K11/200.43 mi46, Briggs Avenue, South Bank, Middlesbrough, Redcar And Cleveland TS6 6XN3
£74K06/210.45 mi3, Repton Road, Middlesbrough TS3 9HH3
£75K02/240.46 mi41, Fabian Road, Middlesbrough, Redcar And Cleveland TS6 9BL3
£75K08/230.46 mi23, Fabian Road, Middlesbrough, Redcar And Cleveland TS6 9BL3
£100K04/230.46 mi31, Fabian Road, Middlesbrough, Redcar And Cleveland TS6 9BL3
£130K07/210.46 mi7, Beech Grove, South Bank, Middlesbrough TS6 6ST3
£163K06/230.48 mi22, Craigearn Road, Middlesbrough, Redcar And Cleveland TS6 0EH3
£147.5K03/210.48 mi41, Craigearn Road, Middlesbrough TS6 0EH3
£115K07/210.5 mi10, Spencer Road, Middlesbrough, Redcar And Cleveland TS6 9BH3
£128K11/200.51 mi22, Meadowcroft Road, Middlesbrough, Redcar And Cleveland TS6 0JD3
£154K02/210.52 mi22, Ashkirk Road, Middlesbrough, Redcar And Cleveland TS6 0EW3
£150K04/210.52 mi38, Grasmere Drive, Middlesbrough, Redcar And Cleveland TS6 0EF3
£161K02/240.52 mi20, Grasmere Drive, Middlesbrough, Redcar And Cleveland TS6 0EF3
£98.5K12/220.52 mi36, Spencer Road, Middlesbrough, Redcar And Cleveland TS6 9BH3

Local Rents

10 rents from £600/mo to £1.1K/mo, average is £680/mo.

RentDateDistanceAddressBeds 
£69512/230.17 mi-3
£65008/240.4 mi-3
£74508/230.44 mi-3
£99510/240.52 mi-3
£90003/250.52 mi-3
£1,05008/240.54 mi-3
£64808/240.55 mi-3
£66509/230.55 mi-3
£66509/230.55 mi-3
£60006/230.56 mi-3

Local Area Statistics

Population in TS6

30,239

Population in Middlesbrough

189,245

Town centre distance

1.33 miles away

Nearest school

0.20 miles away

Nearest train station

1.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £90,000

March 12, 2025

Floor Plans

Description

  • Prime TS6 Cul-De-Sac Location – Enjoy peace and privacy in a quiet, sought-after setting +
  • Spacious Living Areas – Two reception rooms, including an extended space, perfect for modern family life +
  • Exciting Renovation Potential – A blank canvas ready for you to design and transform to your taste +
  • Private Rear Garden – An easy-to-maintain outdoor space ideal for relaxation and entertaining +
  • Convenient Features – Includes a garage, downstairs W/C, and off-road parking for added practicality +
  • Endless Possibilities – Whether you refresh, reimagine, or fully revamp, this home is full of potential! +
  • For Sale by Modern Auction – T & C’s apply, subject to reserve price, buyers fees apply +

Tucked Away In A Peaceful Cul-De-Sac, This Three-Bedroom Semi-Detached Home Is Bursting With Potential! A Blank Canvas Ready For Transformation, It’s Perfect For Those Eager To Create Their Dream Space. With Two Spacious Reception Rooms - One Extended For An Airy, Open Feel -There’s Plenty Of Room For Modern Family Living. The Low-Maintenance Rear Garden Offers A Private Retreat, While The Garage, Downstairs W/C, And Off-Road Parking Add Everyday Convenience. In Need Of A Full Renovation, This Property Is Packed With Possibilities - Whether You’re Looking To Refresh, Reimagine, Or Completely Revamp, The Opportunities Are Endless!

Agent Details

G.R. Estates, Stockton-on-Tees

01642 378022

Next Steps?

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