3 Bed Semi-Detached House, Refurb/BRRR, Middlesbrough, TS7 8NG, £190,000

Refurb/BRRR

ROI: 1%

~93 m²

+14 photos

ValuationOvervalued

Sold Prices	£126K - £385K
Sold Prices/m²	£1.5K/m² - £3.2K/m²

Square Metres	~93 m²
Price/m²	£2K/m²
Value Estimate	£180,000£180,000

End Value (After Refurb)	£189,396£189,396

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£47,500£47,500
Stamp Duty & Legal Fees	£10,700£10,700
Refurb Costs	£36,697£36,697
Bridging Loan Interest	£4,988£4,988
Total Cash In	£101,635£101,635

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£189,396£189,396
Mortgage (After Refinance)	£142,047£142,047
Mortgage LTV	75%75%
Cash Left In	£101,635£101,635
Equity	£47,349£47,349
Rent Range	£625 - £1,200£625 - £1,200
Rent Estimate	£868
Running Costs/mo	£785£785
Cashflow/mo	£83£83
Cashflow/yr	£990£990
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

51 sold prices from £126K to £385K, average is £183K. £1.5K/m² to £3.2K/m², average is £2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£246K	02/23	0.02 mi	4, Gypsy Lane, Marton In Cleveland, Middlesbrough TS7 8NG	-	-	3	Detached House
£175K	11/20	0.05 mi	72, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BX	£1,606	109	3	Semi-Detached House
£208.5K	07/21	0.08 mi	42, Tasmania Square, Marton In Cleveland, Middlesbrough TS7 8NS	£2,242	93	3	Semi-Detached House
£205K	11/23	0.08 mi	24, Tasmania Square, Marton In Cleveland, Middlesbrough TS7 8NS	-	-	3	Semi-Detached House
£161K	11/23	0.08 mi	26, Tasmania Square, Marton In Cleveland, Middlesbrough TS7 8NS	-	-	3	Semi-Detached House
£190K	12/22	0.09 mi	29, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BU	£2,289	83	3	Semi-Detached House
£140K	01/21	0.09 mi	13, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BU	£1,667	84	3	Semi-Detached House
£190K	02/23	0.09 mi	13, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BU	£2,262	84	3	Semi-Detached House
£180K	08/23	0.09 mi	49, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BU	-	-	3	Semi-Detached House
£170K	12/23	0.09 mi	1, Tasmania Square, Marton In Cleveland, Middlesbrough TS7 8NP	-	-	3	Semi-Detached House
£126K	05/23	0.1 mi	5, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BT	-	-	3	Semi-Detached House
£211K	02/23	0.1 mi	34, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BT	£2,705	78	3	Detached House
£190.1K	10/20	0.13 mi	32, Captain Cooks Crescent, Marton In Cleveland, Middlesbrough TS7 8NN	£2,022	94	3	Semi-Detached House
£180K	02/21	0.13 mi	39, Captain Cooks Crescent, Marton In Cleveland, Middlesbrough TS7 8NN	£2,069	87	3	Semi-Detached House
£183K	03/21	0.14 mi	66, The Willows, Marton In Cleveland, Middlesbrough TS7 8BS	-	-	3	Semi-Detached House
£195K	12/23	0.15 mi	2, Laurel Road, Marton In Cleveland, Middlesbrough TS7 8BH	-	-	3	Semi-Detached House
£179K	03/21	0.15 mi	83, The Willows, Marton In Cleveland, Middlesbrough TS7 8BP	£2,011	89	3	Semi-Detached House
£180K	09/22	0.15 mi	22, Margill Close, Marton In Cleveland, Middlesbrough TS7 8QG	£2,222	81	3	Terraced House
£220K	05/21	0.16 mi	78, Gypsy Lane, Marton In Cleveland, Middlesbrough TS7 8NH	£2,193	100	3	Semi-Detached House
£220K	04/24	0.16 mi	7, Melbourne Close, Marton In Cleveland, Middlesbrough TS7 8NL	-	-	3	Semi-Detached House
£220K	04/24	0.16 mi	7, Melbourne Close, Marton In Cleveland, Middlesbrough TS7 8NL	-	-	3	Semi-Detached House
£225K	08/21	0.16 mi	4, The Croft, Marton In Cleveland, Middlesbrough TS7 8DY	-	-	3	Semi-Detached House
£220K	02/23	0.16 mi	22, Melbourne Close, Marton In Cleveland, Middlesbrough TS7 8NL	£2,316	95	3	Semi-Detached House
£155K	12/20	0.17 mi	14, Barnack Avenue, Marton In Cleveland, Middlesbrough TS7 8QB	£1,667	93	3	Semi-Detached House
£145K	06/23	0.17 mi	39, Thurnham Grove, Marton In Cleveland, Middlesbrough TS7 8PT	£1,859	78	3	Semi-Detached House
£130K	03/21	0.17 mi	41, Planetree Court, Middlesbrough TS7 8QT	£1,757	74	3	Semi-Detached House
£195.6K	12/22	0.17 mi	8, Planetree Court, Middlesbrough TS7 8QT	£2,357	83	3	Terraced House
£172K	03/24	0.19 mi	84, Shevington Grove, Marton In Cleveland, Middlesbrough TS7 8PY	-	-	3	Semi-Detached House
£160K	11/20	0.19 mi	60, Shevington Grove, Marton In Cleveland, Middlesbrough TS7 8PY	£2,051	78	3	Semi-Detached House
£300K	02/23	0.22 mi	19, Grange Crescent, Marton In Cleveland, Middlesbrough TS7 8EA	-	-	3	Semi-Detached House
£385K	02/24	0.22 mi	24, Cambridge Avenue, Marton In Cleveland, Middlesbrough TS7 8EJ	-	-	3	Bungalow
£167.5K	11/23	0.23 mi	43, Lambourne Drive, Marton In Cleveland, Middlesbrough TS7 8QF	-	-	3	Terraced House
£210K	04/23	0.23 mi	34, Farington Drive, Marton In Cleveland, Middlesbrough TS7 8PH	-	-	3	Semi-Detached House
£255K	07/21	0.23 mi	29a, Stokesley Road, Marton In Cleveland, Middlesbrough TS7 8DT	£1,903	134	3	Detached House
£195K	11/21	0.23 mi	51, Stokesley Road, Marton In Cleveland, Middlesbrough TS7 8DT	£1,921	102	3	Semi-Detached House
£172K	10/20	0.23 mi	14, Ribbleton Close, Marton In Cleveland, Middlesbrough TS7 8PQ	£1,870	92	3	Semi-Detached House
£170K	03/21	0.23 mi	10, Ribbleton Close, Marton In Cleveland, Middlesbrough TS7 8PQ	-	-	3	Semi-Detached House
£212K	01/23	0.24 mi	5, Lime Close, Marton In Cleveland, Middlesbrough TS7 8BW	£3,212	66	3	Semi-Detached House
£150K	02/21	0.24 mi	4, Brindle Close, Marton In Cleveland, Middlesbrough TS7 8PS	£1,860	81	3	Semi-Detached House
£240K	09/21	0.24 mi	13, Cambridge Avenue, Marton In Cleveland, Middlesbrough TS7 8EH	-	-	3	Semi-Detached House
£170K	01/21	0.24 mi	39, Monarch Grove, Marton In Cleveland, Middlesbrough TS7 8QQ	£1,780	95	3	Terraced House
£218K	09/23	0.24 mi	4, Monarch Grove, Marton In Cleveland, Middlesbrough TS7 8QQ	£1,772	123	3	Terraced House
£183K	12/23	0.24 mi	3, Monarch Grove, Marton In Cleveland, Middlesbrough TS7 8QQ	-	-	3	Semi-Detached House
£177.6K	07/22	0.25 mi	2, Maidstone Drive, Marton In Cleveland, Middlesbrough TS7 8QW	£2,166	82	3	Terraced House
£145K	12/22	0.25 mi	112, Birchwood Road, Marton In Cleveland, Middlesbrough TS7 8DH	£1,510	96	3	Semi-Detached House
£175K	03/24	0.25 mi	2, Hulton Close, Marton In Cleveland, Middlesbrough TS7 8PG	-	-	3	Semi-Detached House
£280K	03/21	0.26 mi	11, Grange Crescent, Marton In Cleveland, Middlesbrough TS7 8EA	-	-	3	Semi-Detached House
£375K	12/23	0.26 mi	40, Gunnergate Lane, Marton In Cleveland, Middlesbrough TS7 8HY	-	-	3	Detached House
£145K	01/24	0.26 mi	4, Gunnergate Lane, Marton In Cleveland, Middlesbrough TS7 8HY	-	-	3	Semi-Detached House
£168K	05/23	0.27 mi	13, Elm Drive, Marton In Cleveland, Middlesbrough TS7 8BN	-	-	3	Semi-Detached House
£170K	01/21	0.27 mi	127, Birchwood Road, Marton In Cleveland, Middlesbrough TS7 8DE	£1,700	100	3	Semi-Detached House

Local Rents

16 rents from £625/mo to £1.2K/mo, average is £850/mo.

Rent	Date	Distance	Address	Beds	Type
£1,095	03/25	0.17 mi	-	3	Semi-Detached House
£1,200	10/24	0.26 mi	Gunnergate Lane, Middlesbrough, North Yorkshire, TS7	3	Detached House
£950	02/24	0.67 mi	-	3	Detached House
£950	12/24	0.67 mi	-	3	Detached House
£800	10/24	0.72 mi	Sunstar Grove, Marton Manor	3	Detached House
£725	10/24	0.75 mi	-	3	Semi-Detached House
£750	10/24	0.9 mi	-	3	Semi-Detached House
£850	11/24	0.99 mi	-	3	Flat
£735	10/24	1.02 mi	-	3	Semi-Detached House
£1,195	10/24	1.03 mi	Beverley Road, Nunthorpe	3	Detached House
£675	09/23	1.04 mi	-	3	Terraced House
£850	02/25	1.05 mi	-	3	Terraced House
£895	03/25	1.08 mi	-	3	Bungalow
£750	10/24	1.1 mi	Windleston Drive, Middlesbrough	3	Flat
£625	12/24	1.16 mi	-	3	Terraced House
£850	10/24	1.19 mi	Ormesby Bank, Ormesby	3	Flat

Local Area Statistics

Population in TS7	22,05822,058
Population in Middlesbrough	189,245189,245
Town centre distance	1.43 miles away1.43 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.60 miles away0.60 miles away

Rental growth (12m)	+53%+53%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+16%+16%

Property History

Listed for £190,000

March 20, 2025

Floor Plans

Description

A Mature Bay Fronted Semi Detached House Located Within This Sought After Area of Marton +
Offering Good Access to Local Amenities & Road Networks +
Fabulous Plot with Driveway to Single Garage & Mature Spacious Rear Garden +
Three Reception Rooms & Three Generous Size Bedrooms +
Family Bathroom +
In Need of Modernisation +
No Forward Chain +
Early Viewing Advised +

A mature three bedroom bay fronted semi-detached house located within a sought after area of Marton, occupying a fabulous plot with generous size driveway leading to a detached garage and a mature good size garden to the rear. Internal features include three reception rooms, fitted kitchen and three generous size bedrooms. Offered for sale with no forward chain, please call our Nunthorpe Office to arrange your viewing appointment at your earliest convenience.

Tenure - Freehold

Council Tax Band D

Agent Details

Michael Poole, Nunthorpe

01642 033633

Next Steps?

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

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