2 Bed Flat, Single Let, Middlesbrough, TS5 5PG, £78,000

26 QUEENS CAMBRIDGE SQUARE LINTHORPE TS5 5PG - 15 days ago

Sold STC

Leasehold

BTL

ROI: 14%

52 m²

+6 photos

ValuationFair Value

Sold Prices	£55K - £134K
Sold Prices/m²	£747/m² - £2K/m²

Square Metres	52 m²
Price/m²	£1.5K/m²
Value Estimate	£78,413£78,413

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£19,500£19,500
Stamp Duty & Legal Fees	£5,100£5,100
Total Cash In	£24,600£24,600

Cash Out
Rent Range	£600 - £825£600 - £825
Rent Estimate	£695
Running Costs/mo	£403£403
Cashflow/mo	£292£292
Cashflow/yr	£3,507£3,507
ROI	14%14%
Gross Yield	11%11%

Local Sold Prices

34 sold prices from £55K to £134K, average is £82K. £747/m² to £2K/m², average is £1.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£76K	06/21	0.14 mi	14, Dorman Gardens, Linthorpe, Middlesbrough TS5 5DS	£1,310	58	2	Flat
£80K	07/23	0.14 mi	19, Dorman Gardens, Linthorpe, Middlesbrough TS5 5DS	-	-	2	Flat
£84K	01/23	0.14 mi	70, Dorman Gardens, Linthorpe, Middlesbrough TS5 5DS	£1,556	54	2	Flat
£90K	08/23	0.14 mi	9, Oriel Close, Middlesbrough TS5 5NJ	-	-	2	Flat
£65K	09/22	0.15 mi	65, Roman Road, Middlesbrough TS5 5PH	£747	87	2	Flat
£82K	11/21	0.2 mi	18, Bayberry Mews, Middlesbrough TS5 7RG	£1,464	56	2	Flat
£82K	08/21	0.2 mi	16, Bayberry Mews, Middlesbrough TS5 7RG	£1,579	52	2	Flat
£85K	01/23	0.2 mi	16, Bayberry Mews, Middlesbrough TS5 7RG	£1,637	52	2	Flat
£85K	02/24	0.2 mi	12, Bayberry Mews, Middlesbrough TS5 7RG	£1,667	51	2	Flat
£64.8K	10/22	0.27 mi	10, The Potteries, Middlesbrough TS5 6DQ	£830	78	2	Flat
£120K	03/23	0.35 mi	4, Belgravia Gardens, Middlesbrough TS5 6NZ	-	-	2	Flat
£95K	01/21	0.36 mi	49, Stanhope Grove, Middlesbrough TS5 7SF	£1,508	63	2	Flat
£95K	01/21	0.36 mi	47, Stanhope Grove, Middlesbrough TS5 7SF	£1,610	59	2	Flat
£127.5K	08/22	0.36 mi	8, Belgravia Gardens, Middlesbrough TS5 6NZ	£1,992	64	2	Flat
£134K	02/23	0.36 mi	11, Belgravia Gardens, Middlesbrough TS5 6NZ	£1,648	81	2	Flat
£112K	04/23	0.36 mi	10, Belgravia Gardens, Middlesbrough TS5 6NZ	-	-	2	Flat
£75K	12/22	0.57 mi	Flat 6, Glen Court, Glendale Road, Middlesbrough TS5 7FL	-	-	2	Flat
£63K	04/23	0.58 mi	25, Camsell Court, Middlesbrough TS5 5BE	-	-	2	Flat
£70K	07/23	0.58 mi	15, Camsell Court, Middlesbrough TS5 5BE	£1,296	54	2	Flat
£87K	09/22	0.6 mi	49, Rockingham Court, Acklam, Middlesbrough TS5 7BN	£1,611	54	2	Flat
£84K	09/23	0.6 mi	30, Rockingham Court, Acklam, Middlesbrough TS5 7BN	-	-	2	Flat
£77.5K	10/21	0.6 mi	30, Rockingham Court, Acklam, Middlesbrough TS5 7BN	-	-	2	Flat
£95K	11/22	0.6 mi	16, Rockingham Court, Acklam, Middlesbrough TS5 7BN	£1,792	53	2	Flat
£76.5K	02/21	0.6 mi	70, Rockingham Court, Acklam, Middlesbrough TS5 7BN	£1,220	63	2	Flat
£95K	03/23	0.6 mi	3, Rockingham Court, Acklam, Middlesbrough TS5 7BN	£1,839	52	2	Flat
£82K	07/22	0.6 mi	36, Rockingham Court, Acklam, Middlesbrough TS5 7BN	£1,608	51	2	Flat
£82.5K	02/21	0.6 mi	42, Rockingham Court, Acklam, Middlesbrough TS5 7BN	-	-	2	Flat
£90K	11/23	0.6 mi	43, Rockingham Court, Acklam, Middlesbrough TS5 7BN	£1,667	54	2	Flat
£67.5K	10/21	0.74 mi	6, Clough Close, Middlesbrough TS5 5DW	£1,071	63	2	Flat
£59K	10/20	0.74 mi	21, Clough Close, Middlesbrough TS5 5DW	£844	70	2	Flat
£60K	03/23	0.74 mi	33, Clough Close, Middlesbrough TS5 5DW	£1,091	55	2	Flat
£70K	11/23	0.74 mi	31, Clough Close, Middlesbrough TS5 5DW	£1,346	52	2	Flat
£55K	09/23	0.78 mi	20, St Francis Close, Middlesbrough TS5 4GY	£809	68	2	Flat
£71K	12/20	0.98 mi	31, Gresham Road, Middlesbrough TS1 4LU	£1,183	60	2	Flat

Local Rents

14 rents from £600/mo to £825/mo, average is £700/mo.

Rent	Date	Distance	Address	Beds	Type
£695	10/24	0 mi	Cambridge Square, Middlesbrough, Cleveland, TS5	2	Flat
£650	10/24	0.17 mi	Dorman Gardens, Middlesbrough, Cleveland, TS5	2	Flat
£725	09/23	0.24 mi	-	2	Flat
£725	02/25	0.34 mi	-	2	Flat
£700	10/24	0.35 mi	-	2	Flat
£700	10/24	0.35 mi	The Avenue, Middlesbrough, TS5	2	Flat
£750	01/25	0.36 mi	-	2	Flat
£750	02/24	0.52 mi	-	2	Semi-Detached House
£625	02/25	0.55 mi	-	2	Flat
£675	03/25	0.56 mi	-	2	Flat
£700	11/24	0.58 mi	-	2	Terraced House
£825	10/24	0.6 mi	-	2	Semi-Detached House
£650	02/24	0.61 mi	-	2	Terraced House
£600	11/24	0.61 mi	-	2	Terraced House

Local Area Statistics

Population in TS5	39,38739,387
Population in Middlesbrough	189,245189,245
Town centre distance	2.20 miles away2.20 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.77 miles away1.77 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+10%+10%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+11%+11%

Property History

Listed for £78,000

March 18, 2025

Floor Plans

Description

Current Rent £695 PCM +
Two Bedrooms +
Open Plan +
Secure/Gated Parking +
Great Location +
Excellent Local Infrastructure +

New to the market a beautifully presented two double bedroom apartment to let in Cambridge Square, with open plan living, spacious family bathroom and gated parking.

Agent Details

Osprey Property Investments, Oakham

01570 940419

Next Steps?

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

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