2 Bed Terraced House, Single Let, Middlesbrough, TS3 9EP, £45,000

College Road, MIDDLESBROUGH, TS3 9EP - 18 days ago

Auction
BTL
ROI: 19%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£24K - £105K
Sold Prices/m²£338/m² - £1.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£661/m²

Value Estimate

£54,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£11,250

Stamp Duty & Legal Fees

£3,450

Total Cash In

£14,700

 

 

Cash Out

 

Rent Range

£475 - £850

Rent Estimate

£485

Running Costs/mo

£258

Cashflow/mo

£227

Cashflow/yr

£2,729

ROI

19%

Gross Yield

13%

Local Sold Prices

46 sold prices from £24K to £105K, average is £67.8K. £338/m² to £1.8K/m², average is £932/m².

PriceDateDistanceAddressBeds 
£88K03/210.03 mi33, College Road, Middlesbrough TS3 9EN2
£83K02/210.03 mi25, College Road, Middlesbrough TS3 9EN2
£77K09/210.08 mi7, Hanson Grove, Middlesbrough TS3 9JY2
£87K07/230.12 mi72, Berwick Hills Avenue, Middlesbrough TS3 9EG2
£25K03/210.22 mi77, Millbrook Avenue, Middlesbrough TS3 9DZ2
£70K11/200.25 mi12, Grantley Avenue, Middlesbrough TS3 9HN2
£66K02/210.39 mi23, Hoskins Way, Middlesbrough TS3 8NJ2
£75K01/230.48 mi26, Delarden Road, Middlesbrough TS3 8JR2
£88K05/210.5 mi88, Middlebeck Close, Middlesbrough TS3 8RG2
£71K11/200.51 mi43, Merlin Road, Middlesbrough TS3 8EB2
£69K12/200.59 mi140, The Greenway, Middlesbrough TS3 9NU2
£80K10/210.67 mi89, Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0AF2
£94.5K12/230.67 mi8, Westbourne Grove, South Bank, Middlesbrough, Redcar And Cleveland TS6 0AE2
£73K08/210.68 mi51, Briggs Avenue, South Bank, Middlesbrough, Redcar And Cleveland TS6 6XL2
£86K04/210.71 mi2, Cadwell Close, Middlesbrough TS3 0QE2
£66.5K04/210.72 mi38, Netherfields Crescent, Middlesbrough TS3 0QL2
£50K12/200.72 mi39, Netherfields Crescent, Middlesbrough TS3 0QL2
£87K03/230.72 mi14, Achilles Close, South Bank, Middlesbrough, Redcar And Cleveland TS6 6XP2
£33.5K10/210.76 mi91, Hampden Street, South Bank, Middlesbrough, Redcar And Cleveland TS6 6LQ2
£101K09/210.76 mi27, Hamilton Grove, Middlesbrough, Redcar And Cleveland TS6 0AH2
£86K03/230.77 mi79, Caithness Road, Middlesbrough, Redcar And Cleveland TS6 0AJ2
£32K03/210.8 mi35, Hampden Street, South Bank, Middlesbrough, Redcar And Cleveland TS6 6LH2
£42K03/210.83 mi27, Kindersley Street, Middlesbrough TS3 6PW2
£82.5K07/210.85 mi9, Westerdale Road, Middlesbrough TS3 7RQ2
£48K03/230.86 mi2, Norcliffe Street, Middlesbrough TS3 6PS2
£50K12/220.86 mi2, Mccreton Street, Middlesbrough TS3 6QA2
£24K04/240.88 mi15, Hampden Street, South Bank, Middlesbrough, Redcar And Cleveland TS6 6LA2
£61K03/210.88 mi11, Kelvin Grove, Middlesbrough TS3 7RU2
£52K01/230.89 mi106, Beaumont Road, Middlesbrough TS3 6NP2
£105K02/210.89 mi56, Bournemouth Avenue, Middlesbrough TS3 0NR2
£81K12/220.89 mi19, Cannock Road, Middlesbrough TS3 7NU2
£33.3K03/210.9 mi3, Edward Street, South Bank, Middlesbrough, Redcar And Cleveland TS6 6JZ2
£81K04/210.91 mi13, Leamington Grove, Middlesbrough TS3 0PH2
£51K11/220.91 mi12, South Terrace, Middlesbrough, Redcar And Cleveland TS6 6HP2
£105K12/220.92 mi2, Gilling Walk, Middlesbrough TS3 7PG2
£40.5K03/230.92 mi10, Stainton Street, Middlesbrough TS3 6QF2
£63K05/210.92 mi6, Kelvin Grove, Middlesbrough TS3 7RS2
£36K07/210.92 mi5, Deacon Street, Middlesbrough TS3 6PB2
£57.5K04/210.94 mi1, Marrick Road, Middlesbrough TS3 7RX2
£47K11/220.94 mi40, South Terrace, Middlesbrough, Redcar And Cleveland TS6 6HP2
£30K11/200.94 mi11, Coronation Street, Middlesbrough TS3 6QH2
£43K06/210.94 mi21, Thornton Street, Middlesbrough TS3 6PG2
£75K06/210.96 mi16, Sandringham Road, Middlesbrough TS3 0DE2
£45K03/230.96 mi5, Herbert Street, Middlesbrough TS3 6JR2
£40K03/210.98 mi16, Maria Street, Middlesbrough TS3 6JQ2
£70K06/211 mi25, Thomas Street, Middlesbrough TS3 6JE2

Local Rents

26 rents from £475/mo to £850/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£85011/240.4 mi-2
£65010/240.48 miDelarden Road, Pallister Park2
£47510/240.86 mi-2
£69512/230.87 mi-2
£59510/230.92 mi-2
£60505/240.93 mi-2
£55010/240.93 miCadogan Street, North Ormesby, Middlesbrough, North Yorkshire, TS32
£69510/240.94 mi-2
£79503/250.94 mi-2
£69510/240.94 miHerbert Street, Middlesbrough, TS32
£79503/250.96 mi-2
£79503/250.96 mi-2
£57510/240.96 miPeaton Street, MIDDLESBROUGH2
£75001/250.98 mi-2
£49510/240.98 miSedgebrook Gardens, Middlesbrough, TS32
£59503/250.98 mi-2
£50010/240.99 mi-2
£65010/241 miEsk Street, Middlesbrough, TS32
£55010/241.01 miBevanlee Road, Middlesbrough, North Yorkshire, TS62
£52510/241.01 miBevanlee Road, MIDDLESBROUGH2
£49910/241.01 mi-2
£57510/241.02 miColtman Street, MIDDLESBROUGH2
£79501/251.03 mi-2
£65005/241.05 mi-2
£69507/241.07 mi-2
£75001/251.08 mi-2

Local Area Statistics

Population in TS3

28,890

Population in Middlesbrough

189,245

Town centre distance

1.03 miles away

Nearest school

0.20 miles away

Nearest train station

1.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £45,000

March 21, 2025

Description

  • AUCTION SALE +
  • 15 April 2025 +
  • Upon instruction of AMG +
  • EPC Rating - D +
  • To view: please contact our office +

SUMMARY
AUCTION SALE 15 April 2025 - Freehold mid terrace house.

DESCRIPTION
Freehold mid terrace house.

Location:
The property is located on College Road. Shopping amenities can be found locally within Middlesbrough Town Centre. Public transport links are available at Middlesbrough Train Station to the north west along with a network of local bus services serving the surrounding areas. The property is served by road links including the A171 to the west and A66 to the north. Recreational pursuits can be found at Spencer Beck to the east and Thorntree Park to the south east.

Accommodation:
First floor: Two bedrooms, bathroom/wc
Ground floor: Reception room, kitchen, separate wc

EPC Rating: D

Council Tax Band: A

To view:
Strictly by arrangement with the auctioneers.

Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Hammersmith Auctions

020 3866 9305

Next Steps?

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