3 Bed Terraced House, Planning Permission, Middlesbrough, TS5 4GN, £70,000

24 Duxford Road, Middlesbrough, North Yorkshire TS5 4GN - 5 views - 16 days ago

Auction
Planning
ROI: 24%
93 m²

ValuationUndervalued

Sold Prices£46K - £295K
Sold Prices/m²£569/m² - £1.9K/m²

 

 

Square Metres

93 m²
Price/m²£753/m²

Value Estimate

£84,000
BMV20%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£745 - £1,050

Rent Estimate

£850

Running Costs/mo

£409

Cashflow/mo

£441

Cashflow/yr

£5,295

ROI

24%

Gross Yield

15%

Local Sold Prices

50 sold prices from £46K to £295K, average is £110K. £569/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£85K12/200.13 mi41, Acklam Road, Middlesbrough TS5 5HD3
£111K01/230.13 mi29, Acklam Road, Middlesbrough TS5 5HD3
£88K04/210.13 mi53, Westbourne Road, Middlesbrough TS5 5BH3
£117.5K03/230.17 mi106, Hambledon Road, Middlesbrough TS5 5EF3
£108K01/210.17 mi120, Hambledon Road, Middlesbrough TS5 5EF3
£110.1K06/210.19 mi207, Oxford Road, Middlesbrough TS5 5EG3
£126.3K11/210.19 mi191, Oxford Road, Middlesbrough TS5 5EG3
£110K11/200.19 mi203, Oxford Road, Middlesbrough TS5 5EG3
£140K04/240.19 mi177, Oxford Road, Middlesbrough TS5 5EG3
£145K02/210.21 mi176, Oxford Road, Middlesbrough TS5 5EJ3
£87K02/240.22 mi78, Northern Road, Middlesbrough TS5 4NS3
£147.5K12/200.22 mi16, Williams Avenue, Middlesbrough TS5 5EH3
£115K01/210.23 mi48, Westbourne Road, Middlesbrough TS5 5BJ3
£115K07/230.23 mi32, Westbourne Road, Middlesbrough TS5 5BJ3
£100K07/230.24 mi16, Northern Road, Middlesbrough TS5 4NU3
£71.5K11/200.25 mi2, Lydbrook Road, Middlesbrough TS5 4NR3
£46K06/210.25 mi18, Lydbrook Road, Middlesbrough TS5 4NR3
£46K12/200.25 mi21, Lydbrook Road, Middlesbrough TS5 4NR3
£171K02/230.25 mi16, Fairfield Avenue, Middlesbrough TS5 5HB3
£100K07/230.26 mi23, Studley Road, Middlesbrough TS5 5BW3
£64K01/210.26 mi12, Beadon Grove, Middlesbrough TS5 4NT3
£64K04/230.26 mi8, Northern Road, Middlesbrough TS5 4PB3
£118K10/210.27 mi59, Studley Road, Middlesbrough TS5 5BP3
£104K06/230.27 mi24, Stratford Crescent, Middlesbrough TS5 4PQ3
£106K01/240.27 mi25, Alton Road, Middlesbrough TS5 4NX3
£73.5K12/220.28 mi6, Alton Road, Middlesbrough TS5 4NX3
£92K05/210.28 mi24, Greenland Avenue, Middlesbrough TS5 4JJ3
£105.5K09/210.28 mi42, Hambledon Road, Middlesbrough TS5 5ED3
£112K05/230.28 mi32, Hambledon Road, Middlesbrough TS5 5ED3
£70K01/230.29 mi79, Maldon Road, Middlesbrough TS5 4PG3
£179K05/210.32 mi18, Grosvenor Road, Middlesbrough TS5 5BU3
£170K01/230.33 mi27, Barker Road, Middlesbrough TS5 5EW3
£168K01/240.33 mi21, Barker Road, Middlesbrough TS5 5EW3
£110K02/230.33 mi57, Barker Road, Middlesbrough TS5 5EW3
£86.5K07/230.33 mi24, Maldon Road, Middlesbrough TS5 4PJ3
£80K06/210.33 mi44, Greenland Avenue, Middlesbrough TS5 4JW3
£95K04/230.33 mi61, Greenland Avenue, Middlesbrough TS5 4JW3
£190K02/240.34 mi56, Barker Road, Middlesbrough TS5 5ES3
£117.5K12/200.35 mi26, Balfour Terrace, Middlesbrough TS5 5HY3
£110K01/210.36 mi12, Castleton Avenue, Middlesbrough TS5 5JA3
£125K04/210.36 mi14, Castleton Avenue, Middlesbrough TS5 5JA3
£152K09/230.36 mi24, Castleton Avenue, Middlesbrough TS5 5JA3
£295K06/230.37 mi56, Cambridge Road, Linthorpe, Middlesbrough TS5 5HG3
£122.5K04/210.37 mi24, Castleton Avenue, Middlesbrough TS5 5JA3
£92K12/200.41 mi33, Collinson Avenue, Middlesbrough TS5 4QH3
£180K10/220.42 mi14, Appleton Road, Middlesbrough TS5 5HX3
£96K06/210.44 mi11, Dufton Road, Middlesbrough TS5 5AW3
£120K12/200.44 mi49, Appleton Road, Middlesbrough TS5 5JF3
£130K02/210.45 mi97, Rockliffe Road, Middlesbrough TS5 5DF3
£76K03/240.45 mi122, West Lane, Middlesbrough TS5 4EJ3

Local Rents

15 rents from £745/mo to £1.1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£1,01510/240.04 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.04 miAcklam Gardens, Middlesbrough, TS53
£99510/240.08 miAcklam Gardens, Middlesbrough, TS53
£95003/250.14 mi-3
£1,01510/240.14 miAcklam Gardens, Middlesbrough, TS53
£1,05010/240.15 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.19 miAcklam Gardens, Middlesbrough, TS53
£85003/250.26 mi-3
£85010/240.35 mi-3
£85010/240.35 miMiddlesbrough, Middlesbrough, TS53
£90003/250.39 mi-3
£85008/240.6 mi-3
£85009/240.6 mi-3
£85003/250.6 mi-3
£74502/250.6 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

2.88 miles away

Nearest school

0.40 miles away

Nearest train station

1.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £70,000

March 17, 2025

Floor Plans

Description

  • Three Bedroom, Three Storey Home +
  • Requires Updating +
  • Master Bedroom with En-suite +
  • EPC Rating C +
  • Council Tax Band C +

THREE BEDROOM, THREE STOREY HOME FOR SALE BY ONLINE AUCTION OPENING ON MONDAY 14TH APRIL 2025 AND CLOSING ON TUESDAY 15TH APRIL 2025 THREE BEDROOM, THREE STOREY HOME Three bedroom homeoffering accommodation over three floors requiring a scheme of updating. The property is located close to local ameneties and transport links. Accommodation comprises, in brief, entrance hall, lounge, kitchen and cloakroom wc to the ground floor, two bedrooms and family bathroom to the first floor and a master bedroom with dressing area and en-suite to the second floor. Externally there is garden to the rear and a garage. Viewing is reccomended.

We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise.

We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (15th April), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 14 days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you MUST register your interest with the office on . Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms, documentation and completed ID checks have been received at . for any further assistance, please do not hesitate to contact us in the office.
Ground Floor Lounge 6.40m x 3.52m
Kitchen 4.40m x 2.33m
First Floor Bedroom 3.37m x 2.57m
Bedroom 2.79m x 2.25m
Bathroom/WC
Second Floor Master Bedroom
En-Suite
Walk in Wardrobe
Auctioneers Notes Property construction – Standard
Electricity supply – Mains
Water supply – Mains
Sewerage – Mains
Heating – Gas
Broadband - Standard Speed – 13 mbps
Mobile signal / coverage - Three/O2/Vodafone - Very Good
Parking – No
Building Safety – See Legal Pack -
Restrictions - Yes - See Legal Pack -
Rights and easements - See Legal Pack
Flood risk – Very Low
Coastal erosion – Very Low
Planning permission – See Legal Pack FENSA
Accessibility / adaptions – See Legal Pack
Coalfield or mining area - See Legal Pack
Viewings Please contact Auction House North East on for the viewing schedule Tenure: See Legal Pack Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, Auction House North East

01642 049800

Next Steps?

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