3 Bed Semi-Detached House, Refurb/BRRR, Stockton-on-Tees, TS19 8FT, £190,000

7 Summerville Avenue, Summerville Village, Stockton-On-Tees, TS19 8FT - 2 views - 13 days ago

Refurb/BRRR
ROI: 4%
86 m²
+20 photos

ValuationOvervalued

Sold Prices£50K - £285K
Sold Prices/m²£624/m² - £2.9K/m²

 

 

Square Metres

86 m²
Price/m²£2.2K/m²

Value Estimate

£84,789

 

 

End Value (After Refurb)

£122,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Refurb Costs

£34,005

Bridging Loan Interest

£4,988

Total Cash In

£98,942

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£122,500

Mortgage (After Refinance)

£91,875

Mortgage LTV

75%

Cash Left In

£98,942

Equity

£30,625

Rent Range

£580 - £2,280

Rent Estimate

£958

Running Costs/mo

£594

Cashflow/mo

£364

Cashflow/yr

£4,363

ROI

4%

Gross Yield

6%

Local Sold Prices

51 sold prices from £50K to £285K, average is £85K. £624/m² to £2.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£123K11/200.08 mi75, Harrowgate Lane, Stockton-on-tees TS19 8HF3
£145K07/230.08 mi75, Harrowgate Lane, Stockton-on-tees TS19 8HF3
£145K07/230.08 mi75, Harrowgate Lane, Stockton-on-tees TS19 8HF3
£172.5K09/220.12 mi4, Roecliffe Grove, Stockton-on-tees TS19 8JU3
£85K06/210.13 mi11, Elstob Close, Stockton-on-tees TS19 8HB3
£285K01/240.19 miFirtrees, Letch Lane, Stockton-on-tees TS21 1EG3
£75.5K12/200.2 mi4, Evenwood Close, Stockton-on-tees TS19 8HU3
£68.5K12/200.21 mi11, Harrowgate Lane, Stockton-on-tees TS19 8HQ3
£95K05/210.22 mi8, Piper Knowle View, Stockton-on-tees TS19 8GW3
£110K07/210.22 mi16, Piper Knowle View, Stockton-on-tees TS19 8GW3
£60K10/200.28 mi36, Etherley Walk, Stockton-on-tees TS19 8JD3
£55K11/200.28 mi37, Etherley Walk, Stockton-on-tees TS19 8JD3
£68K07/230.28 mi39, Etherley Walk, Stockton-on-tees TS19 8JD3
£70.5K12/220.28 mi7, Etherley Walk, Stockton-on-tees TS19 8JD3
£80K06/210.3 mi5, Ibstone Walk, Stockton-on-tees TS19 8DU3
£85K02/230.3 mi23, Ibstone Walk, Stockton-on-tees TS19 8DU3
£93.5K05/210.32 mi70, Dryburn Road, Stockton-on-tees TS19 8JL3
£167.5K12/230.34 mi27, Faraday Drive, Stockton-on-tees TS19 8NY3
£92.5K02/240.34 mi28, Rockferry Close, Stockton-on-tees TS19 9NT3
£125K05/230.36 mi70, Renvyle Avenue, Stockton-on-tees TS19 9PD3
£84K05/230.37 mi175, Piper Knowle Road, Stockton-on-tees TS19 8DS3
£93K10/200.37 mi8, Bessemer Crescent, Stockton-on-tees TS19 8US3
£141K07/230.39 mi1, Lutyens Square, Stockton-on-tees TS19 8ZF3
£102K01/230.41 mi95, Scurfield Road, Stockton-on-tees TS19 8SQ3
£65K04/210.41 mi76, Scurfield Road, Stockton-on-tees TS19 8SG3
£82.5K07/230.42 mi24, Riccarton Close, Stockton-on-tees TS19 9ND3
£91K06/230.43 mi17, Tithe Barn Road, Stockton-on-tees TS19 8SY3
£85K09/230.43 mi13, Tithe Barn Road, Stockton-on-tees TS19 8SY3
£80K03/210.44 mi27, Renvyle Avenue, Stockton-on-tees TS19 9PE3
£63K10/200.45 mi139, Rudyard Avenue, Stockton-on-tees TS19 9LF3
£69K05/210.47 mi203, High Newham Road, Stockton-on-tees TS19 8RY3
£98K11/230.49 mi41, Rosslare Road, Stockton-on-tees TS19 9LP3
£75K12/220.5 mi25, Carburt Road, Stockton-on-tees TS19 8RZ3
£61.5K06/210.5 mi45, Ingleton Road, Stockton-on-tees TS19 8EE3
£83K06/230.5 mi45, Ingleton Road, Stockton-on-tees TS19 8EE3
£97.5K11/230.5 mi29, Ingleton Road, Stockton-on-tees TS19 8EE3
£75K12/200.52 mi181, High Newham Road, Stockton-on-tees TS19 8RD3
£104.5K06/230.52 mi3, Runfold Close, Stockton-on-tees TS19 9LR3
£87K02/240.52 mi7, Runfold Close, Stockton-on-tees TS19 9LR3
£84.5K10/230.53 mi16, Westerton Green, Stockton-on-tees TS19 8RL3
£88K04/210.53 mi1, Renvyle Avenue, Stockton-on-tees TS19 9PF3
£50K05/210.54 mi1, Instow Close, Stockton-on-tees TS19 8EG3
£95K02/240.55 mi1, Coatham Road, Stockton-on-tees TS19 8QY3
£62K10/200.55 mi10, High Newham Road, Stockton-on-tees TS19 8RQ3
£122K09/230.56 mi163, Rudyard Avenue, Stockton-on-tees TS19 9LQ3
£85K12/200.57 mi32, Rudyard Avenue, Stockton-on-tees TS19 9LE3
£62K03/210.58 mi10, Cleadon Walk, Stockton-on-tees TS19 8PN3
£70K08/210.58 mi11, Cleadon Walk, Stockton-on-tees TS19 8PN3
£104K12/200.59 mi3, Redhill Road, Stockton-on-tees TS19 9BU3
£146K01/230.61 mi17, Briardene Court, Stockton-on-tees TS19 8UX3
£145K01/230.61 mi23, Briardene Court, Stockton-on-tees TS19 8UX3

Local Rents

38 rents from £580/mo to £2.3K/mo, average is £773/mo.

RentDateDistanceAddressBeds 
£93010/240.1 mi2 Summer Close, Stockton, Stockton-on-Tees3
£95010/240.11 miSummerville Quarter, Stockton-on-Tees, TS19 8FT3
£92510/240.11 miSummerville Quarter, Stockton-on-Tees, TS19 8FT3
£93010/240.11 miSummerville Quarter, Stockton-on-Tees, TS19 8FT3
£93010/240.11 miSummerville Quarter, Stockton-on-Tees, TS19 8FT3
£91510/240.11 miSummerville Quarter, Stockton-on-Tees, TS19 8FT3
£92510/240.11 miSummerville Quarter, Stockton-on-Tees, TS19 8FT3
£92510/240.11 miSummerville Quarter, Stockton-on-Tees, TS19 8FT3
£95010/240.11 miSummerville Quarter, Stockton-on-Tees, TS19 8FT3
£80002/250.15 mi-3
£72510/240.27 miEdison Drive, Stockton-On-Tees, TS193
£72510/240.27 mi-3
£2,15002/240.28 mi-3
£2,15010/240.28 mi-3
£1,90011/240.28 mi-3
£2,28003/250.28 mi-3
£2,28003/250.28 mi-3
£2,28003/250.28 mi-3
£63010/240.38 mi-3
£67502/250.38 mi-3
£69502/250.38 mi-3
£69503/250.38 mi-3
£69510/240.41 miHigh Newham Road, Stockton-On-Tees, Durham, TS193
£75003/250.43 mi-3
£68510/240.44 mi-3
£79510/240.44 miGeorge Stephenson Blvd, Stockton On Tees3
£82511/240.45 mi-3
£67510/240.45 miRudyard Avenue, Stockton, TS193
£69510/240.46 mi-3
£70010/240.46 mi-3
£65002/250.46 mi-3
£75010/240.5 miPort Sunlight Grove, Stockton-On-Tees3
£58010/240.51 mi-3
£65010/240.57 miCoundon Green, Stockton-On-Tees, Durham, TS193
£69503/250.57 mi-3
£65010/240.58 mi-3
£75007/240.59 mi-3
£80002/250.62 mi-3

Local Area Statistics

Population in TS19

37,087

Population in Stockton-on-Tees

149,709

Town centre distance

1.73 miles away

Nearest school

0.60 miles away

Nearest train station

2.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £190,000

March 20, 2025

Floor Plans

Description

  • An Attractive Double Fronted Family Home Built In 2019 By Avant Homes +
  • New Development Within Close Distance To North Tees General Hospital +
  • Immaculately Presented With Luxury Fixtures & Fittings, Ready To Move Straight Into +
  • Stylish Open Plan Kitchen/Diner Finished With Integrated Appliances +
  • Spacious Hallway, Multiple Storage/Utility Cupboards & Essential Ground Floor W.C +
  • Three Well Appointed Bedrooms With Two Featuring Dual Aspect Windows +
  • The Master Bedroom Benefits An En-Suite Shower Room & Fitted Wardrobes +
  • Double Width Block Paved Driveway Providing Off-Road Parking +
  • South Facing Garden, Patio Seating Area & Benefits Not Being Overlooked +
  • Benefiting The Remainder Of The Builders 10 Year N.H.B.C Warranty Cover +

This Beautiful Semi-Detached House On Summerville Avenue Presents An Exceptional Opportunity For Those Seeking A Modern And Stylish Home. With Three Well-Proportioned Bedrooms, This Property Is Perfect For Families Or Professionals Looking For A Comfortable Living Space.

Full Description - Upon Entering, You Will Be Greeted By A Spacious Reception Room That Offers A Warm And Inviting Atmosphere, And French Doors Which Opne Out To A South Facing Garden. The Heart Of The Home Is Undoubtedly The Stylish Kitchen, Which Boasts Recently New Integrated Appliances, Ensuring That Cooking And Dining Experiences Are Both Enjoyable And Efficient. The Ground Floor Features Recently New Tiled Flooring, Adding A Touch Of Elegance And Practicality To The Living Areas.

Convenience Is Key, With A Ground Floor W.C That Enhances The Functionality Of The Home. The Property Is In Immaculate Condition, Allowing You To Move Straight In Without The Need For Any Immediate Renovations Or Repairs.

Situated On A Desirable Corner Plot, This Home Benefits From Additional Outdoor Space, Perfect For Enjoying The Fresh Air Or For Children To Play. Summerville Village Offers A Friendly Community Atmosphere, With Local Amenities And Transport Links Within Easy Reach, Making It An Ideal Location For Modern Living.

In Summary, This Semi-Detached House On Summerville Avenue Is A Delightful Find, Combining Contemporary Style With Practical Living. It Is Ready For You To Make It Your Own, So Do Not Miss The Chance To View This Splendid Property.

Location - Just North Of Summerville Village Is The Historic Town Of Stockton, County Durham, A Short Drive Away, With All Its Shopping, Pubs, Restaurants, Cafes, Hairdressers, Beauticians And Banks. Norton High Street, Home To Popular Eateries And Shops, Is Only 6 Minutes* Away. Extensive Retail Therapy And Entertainment Can Be Found At Teesside Park 15 Minutes* By Car.

Summerville Village Also Provides Easy Access To A177 And A19. Meaning Middlesbrough Is 16 Minutes* Away While Darlington Is 23 Minutes* And Durham 28 Minutes*.

For Families There Are A Number Of Excellent Schools In The Area.

Note - Please Find The Attached Brochure With Material Information For Buyers.

Disclaimer - Although Issued In Good Faith, These Particulars Are Not Factual Representations And Are Not A Part Of Any Offer Or Contract. Prospective Buyers Should Independently Verify The Matters Mentioned In These Particulars. There Is No Authority For Harper & Co Estate Agents Limited Or Any Of Its Employees To Make Any Representations Or Warranties About This Property.

While We Try To Be As Accurate As Possible With Our Sales Particulars, They Are Only A General Overview Of The Property. If There Is Anything In Particular That Is Important To You, Please Contact The Office And We Will Be Happy To Check The Situation For You, Especially If You Are Considering Traveling A Significant Distance To View The Property. The Measurements Provided Are Only For Guidance, Thus They Must Be Regarded As Inaccurate. Please Be Aware That Harper & Co Have Not Tested Any Of The Services, Appliances, Or Equipment In This Property; As A Result, We Advise Prospective Buyers To Commission Their Own Surveys Or Service Reports Before Submitting A Final Offer To Purchase. Money Laundering Regulations: In Order To Avoid Any Delays In Finalising The Sale, Intending Buyers Will Be Required To Provide Identification Documentation At A Later Time. Please Cooperate With Us In This Process.

Agent Details

Harper and Co Estate Agents, Teesside

01642 030494

Next Steps?

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