3 Bed Terraced House, Single Let, Middlesbrough, TS1 4RX, £85,000

Waterford Terrace, Middlesbrough, TS1 4RX - a month ago

BTL
ROI: 2%
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£25K - £130K
Sold Prices/m²£316/m² - £1.7K/m²

 

 

Square Metres

~93 m²
Price/m²£914/m²

Value Estimate

£74,883

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£260 - £1,235

Rent Estimate

£405

Running Costs/mo

£367

Cashflow/mo

£38

Cashflow/yr

£461

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £25K to £130K, average is £65K. £316/m² to £1.7K/m², average is £805/m².

PriceDateDistanceAddressBeds 
£77K01/210.01 mi9, Waterford Terrace, Middlesbrough TS1 4RX3
£86.5K07/220.03 mi60, Carlow Street, Middlesbrough TS1 4SB3
£83K05/230.04 mi100, Meath Street, Middlesbrough TS1 4RY3
£87K07/230.04 mi111, Carlow Street, Middlesbrough TS1 4SA3
£40K04/210.05 mi104, Longford Street, Middlesbrough TS1 4RL3
£52K02/230.05 mi116, Longford Street, Middlesbrough TS1 4RL3
£82K12/220.07 mi23, Ayresome Green Lane, Middlesbrough TS5 4DT3
£90K01/230.09 mi94, Ayresome Grange Road, Middlesbrough TS5 4DX3
£62K12/200.11 mi70, Kildare Street, Middlesbrough TS1 4QY3
£58.4K01/210.13 mi78, Surrey Street, Middlesbrough TS1 4QB3
£56K08/210.13 mi153, Ayresome Street, Middlesbrough TS1 4PX3
£85K04/230.15 mi130a, Crescent Road, Middlesbrough TS1 4QT3
£65K12/210.16 mi59, Orwell Street, Middlesbrough TS1 4SW3
£61.5K12/220.17 mi54, Carlow Street, Middlesbrough TS1 4SD3
£64K05/210.18 mi66, Harford Street, Middlesbrough TS1 4PP3
£97K03/210.19 mi83, Clough Close, Middlesbrough TS5 5ET3
£118K12/230.19 mi99, Clough Close, Middlesbrough TS5 5ET3
£62K02/230.2 mi41, Surrey Street, Middlesbrough TS1 4QD3
£65K02/230.2 mi112, Crescent Road, Middlesbrough TS1 4QS3
£65K03/230.21 mi1, Surrey Street, Middlesbrough TS1 4QD3
£25K04/210.21 mi30, Surrey Street, Middlesbrough TS1 4QD3
£130K10/210.22 mi11, Aidan Court, Middlesbrough TS5 4BS3
£130K03/230.22 mi59, Aidan Court, Middlesbrough TS5 4BS3
£68K04/230.23 mi38, Essex Street, Middlesbrough TS1 4PS3
£93K06/230.23 mi35, West Lane, Middlesbrough TS5 4DH3
£28K11/200.25 mi48, Aire Street, Middlesbrough TS1 4PG3
£40K04/210.25 mi58, Aire Street, Middlesbrough TS1 4PG3
£117K11/230.25 mi93, Maddren Way, Middlesbrough TS5 5BD3
£53K04/210.25 mi10, Harford Street, Middlesbrough TS1 4PR3
£60K10/200.25 mi34, Harford Street, Middlesbrough TS1 4PR3
£39.9K03/230.25 mi26, Harford Street, Middlesbrough TS1 4PR3
£107.5K08/230.26 mi21, West Lane, Middlesbrough TS5 4DE3
£62K04/230.26 mi90, Outram Street, Middlesbrough TS1 4EG3
£41.5K09/210.27 mi90, Outram Street, Middlesbrough TS1 4EG3
£82K11/200.27 mi39, Connaught Road, Middlesbrough TS5 4AP3
£82K02/240.27 mi6, Connaught Road, Middlesbrough TS5 4AP3
£58K11/200.27 mi59, Warwick Street, Middlesbrough TS1 4PA3
£52.5K05/210.27 mi42, Costa Street, Middlesbrough TS1 4PH3
£52K12/200.28 mi3, Faraday Street, Middlesbrough TS1 4EQ3
£77.5K11/200.28 mi33, The Turnstile, Middlesbrough TS5 6BY3
£76K03/240.29 mi122, West Lane, Middlesbrough TS5 4EJ3
£63K01/210.29 mi28, Bishop Street, Middlesbrough TS5 4AT3
£45K09/230.3 mi69, Crescent Road, Middlesbrough TS1 4QP3
£63.5K07/230.3 mi4, Ross Street, Middlesbrough TS1 4EJ3
£80K02/210.3 mi77, Ayresome Street, Middlesbrough TS1 4NR3
£70K08/210.3 mi51, Worcester Street, Middlesbrough TS1 4NS3
£60K07/210.3 mi75, Worcester Street, Middlesbrough TS1 4NS3
£79K10/230.31 mi20, Corder Road, Middlesbrough TS5 4AS3
£93K07/230.31 mi15, Corder Road, Middlesbrough TS5 4AS3
£90K04/230.31 mi19, Corder Road, Middlesbrough TS5 4AS3

Local Rents

40 rents from £260/mo to £1.2K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75001/250.07 mi-3
£72510/240.08 miLongford Street, Middlesbrough3
£95001/250.12 mi-3
£82510/240.18 miClough Close, Middlesbrough3
£95004/250.18 mi-3
£65010/240.19 miHarford Street, Middlesbrough3
£70010/240.21 miNesham Road, Middlesbrough, North Yorkshire, TS13
£67504/250.23 mi-3
£69503/250.24 mi-3
£75010/240.25 mi2 Harford Street, Middlesbrough, North Yorkshire, TS13
£39010/240.27 mi62, Outram Street, Middlesbrough, TS13
£80004/250.3 mi-3
£79501/250.3 mi-3
£52510/240.32 miFalkland Street, Middlesbrough, TS1 4JH3
£79502/240.33 mi-3
£69502/250.37 mi-3
£45510/240.37 miGresham Road, Middlesbrough3
£70004/250.39 mi-3
£26010/240.4 miGresham Road, Middlesbrough3
£78010/240.42 mi-3
£78010/240.42 miGresham Road, Middlesbrough, TS13
£85003/250.45 mi-3
£85010/240.47 mi-3
£52510/240.5 miStowe Street, Middlesbrough, TS13
£52510/240.5 miStowe Street, Middlesbrough, TS13
£52510/240.5 miStowe Street, Middlesbrough, TS13
£1,23512/240.52 mi-3
£45010/240.53 miAlbany Street, Middlesbrough, TS1 4DB3
£75004/250.54 mi-3
£75004/250.54 mi-3
£95010/240.54 miPercy Street, Middlesbrough, TS13
£1,01510/240.55 miAcklam Gardens, Middlesbrough, TS53
£1,05010/240.58 miAcklam Gardens, Middlesbrough, TS53
£47710/240.58 miPortman Street, Middlesbrough, North Yorkshire, TS13
£47710/240.58 miPortman Street, Middlesbrough, North Yorkshire, TS13
£47710/240.58 miPortman Street, Middlesbrough, North Yorkshire, TS13
£1,01510/240.59 miAcklam Gardens, Middlesbrough, TS53
£1,20010/240.61 miAlbert Terrace, Middlesbrough3
£65010/240.62 miPeel Street, Middlesbrough, TS1 4DG3
£77510/240.62 miPeel street, Middlesbrough, TS13

Local Area Statistics

Population in TS1

16,984

Population in Middlesbrough

189,245

Town centre distance

2.69 miles away

Nearest school

0.10 miles away

Nearest train station

1.14 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Listed for £85,000

March 17, 2025

Description

  • TO BE SOLD WITH TENANT IN-SITU +
  • Available With No Onward Chain! +
  • Current Rental Income: £700PCM With a Long Term Sitting Tenant +
  • Current Rental Yield: 9.8+% +
  • Turnkey Investment +
  • Three Bedrooms +
  • Central Middlesbrough Location +
  • Front Forecourt & Rear Yard +
  • Buyer's Premium Fee: £3,000+VAT +

TO BE SOLD WITH TENANT IN-SITU We are pleased to present this well-maintained, three-bedroom property located in central Middlesbrough, Waterford Terrace, TS1. Offering excellent rental potential, this property is currently generating a monthly income of £700PCM, making it an attractive option for investors seeking a steady return. Located in a convenient area of TS1, this property provides excellent access to local amenities, transport links, and the town centre, ensuring both convenience and comfort for tenants.

In brief the accommodation comprises: Entrance Hallway, Lounge and a well-equipped kitchen, perfect for comfortable living. Rising to the first floor there a three generous sized bedrooms and three piece white bathroom suite.

The property is currently rented, achieving £700PCM! 

Buyer's Premium Fee: £3,000+VAT

Agent Details

Property Express, Normanby

01642 056244

Next Steps?

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