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





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£54,000 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £11,250£11,250 |
Stamp Duty & Legal Fees | £3,450£3,450 |
Total Cash In | £14,700£14,700 |
| |
Cash Out | |
Rent Range | £475 - £850£475 - £850 |
Rent Estimate | £485 |
Running Costs/mo | £258£258 |
Cashflow/mo | £227£227 |
Cashflow/yr | £2,729£2,729 |
ROI | 19%19% |
Gross Yield | 13%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.
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£88K | 03/21 | 0.03 mi | 33, College Road, Middlesbrough TS3 9EN | £1,173 | 75 | 2 | Semi-Detached House | |
£83K | 02/21 | 0.03 mi | 25, College Road, Middlesbrough TS3 9EN | £1,407 | 59 | 2 | Semi-Detached House | |
£77K | 09/21 | 0.08 mi | 7, Hanson Grove, Middlesbrough TS3 9JY | £1,283 | 60 | 2 | Semi-Detached House | |
£87K | 07/23 | 0.12 mi | 72, Berwick Hills Avenue, Middlesbrough TS3 9EG | - | - | 2 | Semi-Detached House | |
£25K | 03/21 | 0.22 mi | 77, Millbrook Avenue, Middlesbrough TS3 9DZ | £357 | 70 | 2 | Terraced House | |
£70K | 11/20 | 0.25 mi | 12, Grantley Avenue, Middlesbrough TS3 9HN | £972 | 72 | 2 | Semi-Detached House | |
£66K | 02/21 | 0.39 mi | 23, Hoskins Way, Middlesbrough TS3 8NJ | £957 | 69 | 2 | Terraced House | |
£75K | 01/23 | 0.48 mi | 26, Delarden Road, Middlesbrough TS3 8JR | £1,283 | 58 | 2 | Terraced House | |
£88K | 05/21 | 0.5 mi | 88, Middlebeck Close, Middlesbrough TS3 8RG | £1,467 | 60 | 2 | Semi-Detached House | |
£71K | 11/20 | 0.51 mi | 43, Merlin Road, Middlesbrough TS3 8EB | £1,000 | 71 | 2 | Semi-Detached House | |
£69K | 12/20 | 0.59 mi | 140, The Greenway, Middlesbrough TS3 9NU | £932 | 74 | 2 | Semi-Detached House | |
£80K | 10/21 | 0.67 mi | 89, Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0AF | - | - | 2 | Semi-Detached House | |
£94.5K | 12/23 | 0.67 mi | 8, Westbourne Grove, South Bank, Middlesbrough, Redcar And Cleveland TS6 0AE | £1,245 | 76 | 2 | Semi-Detached House | |
£73K | 08/21 | 0.68 mi | 51, Briggs Avenue, South Bank, Middlesbrough, Redcar And Cleveland TS6 6XL | £1,404 | 52 | 2 | Semi-Detached House | |
£86K | 04/21 | 0.71 mi | 2, Cadwell Close, Middlesbrough TS3 0QE | - | - | 2 | Terraced House | |
£66.5K | 04/21 | 0.72 mi | 38, Netherfields Crescent, Middlesbrough TS3 0QL | £1,209 | 55 | 2 | Semi-Detached House | |
£50K | 12/20 | 0.72 mi | 39, Netherfields Crescent, Middlesbrough TS3 0QL | £899 | 56 | 2 | Semi-Detached House | |
£87K | 03/23 | 0.72 mi | 14, Achilles Close, South Bank, Middlesbrough, Redcar And Cleveland TS6 6XP | - | - | 2 | Semi-Detached House | |
£33.5K | 10/21 | 0.76 mi | 91, Hampden Street, South Bank, Middlesbrough, Redcar And Cleveland TS6 6LQ | £550 | 61 | 2 | Terraced House | |
£101K | 09/21 | 0.76 mi | 27, Hamilton Grove, Middlesbrough, Redcar And Cleveland TS6 0AH | - | - | 2 | Semi-Detached House | |
£86K | 03/23 | 0.77 mi | 79, Caithness Road, Middlesbrough, Redcar And Cleveland TS6 0AJ | - | - | 2 | Semi-Detached House | |
£32K | 03/21 | 0.8 mi | 35, Hampden Street, South Bank, Middlesbrough, Redcar And Cleveland TS6 6LH | £457 | 70 | 2 | Terraced House | |
£42K | 03/21 | 0.83 mi | 27, Kindersley Street, Middlesbrough TS3 6PW | £592 | 71 | 2 | Terraced House | |
£82.5K | 07/21 | 0.85 mi | 9, Westerdale Road, Middlesbrough TS3 7RQ | £1,127 | 73 | 2 | Semi-Detached House | |
£48K | 03/23 | 0.86 mi | 2, Norcliffe Street, Middlesbrough TS3 6PS | £533 | 90 | 2 | Terraced House | |
£50K | 12/22 | 0.86 mi | 2, Mccreton Street, Middlesbrough TS3 6QA | £794 | 63 | 2 | Terraced House | |
£24K | 04/24 | 0.88 mi | 15, Hampden Street, South Bank, Middlesbrough, Redcar And Cleveland TS6 6LA | £338 | 71 | 2 | Terraced House | |
£61K | 03/21 | 0.88 mi | 11, Kelvin Grove, Middlesbrough TS3 7RU | £859 | 71 | 2 | Semi-Detached House | |
£52K | 01/23 | 0.89 mi | 106, Beaumont Road, Middlesbrough TS3 6NP | - | - | 2 | Terraced House | |
£105K | 02/21 | 0.89 mi | 56, Bournemouth Avenue, Middlesbrough TS3 0NR | £1,750 | 60 | 2 | Semi-Detached House | |
£81K | 12/22 | 0.89 mi | 19, Cannock Road, Middlesbrough TS3 7NU | - | - | 2 | Semi-Detached House | |
£33.3K | 03/21 | 0.9 mi | 3, Edward Street, South Bank, Middlesbrough, Redcar And Cleveland TS6 6JZ | - | - | 2 | Terraced House | |
£81K | 04/21 | 0.91 mi | 13, Leamington Grove, Middlesbrough TS3 0PH | £1,841 | 44 | 2 | Semi-Detached House | |
£51K | 11/22 | 0.91 mi | 12, South Terrace, Middlesbrough, Redcar And Cleveland TS6 6HP | £630 | 81 | 2 | Terraced House | |
£105K | 12/22 | 0.92 mi | 2, Gilling Walk, Middlesbrough TS3 7PG | £1,456 | 72 | 2 | Semi-Detached House | |
£40.5K | 03/23 | 0.92 mi | 10, Stainton Street, Middlesbrough TS3 6QF | £569 | 71 | 2 | Terraced House | |
£63K | 05/21 | 0.92 mi | 6, Kelvin Grove, Middlesbrough TS3 7RS | £1,006 | 63 | 2 | Semi-Detached House | |
£36K | 07/21 | 0.92 mi | 5, Deacon Street, Middlesbrough TS3 6PB | £529 | 68 | 2 | Terraced House | |
£57.5K | 04/21 | 0.94 mi | 1, Marrick Road, Middlesbrough TS3 7RX | £810 | 71 | 2 | Semi-Detached House | |
£47K | 11/22 | 0.94 mi | 40, South Terrace, Middlesbrough, Redcar And Cleveland TS6 6HP | - | - | 2 | Terraced House | |
£30K | 11/20 | 0.94 mi | 11, Coronation Street, Middlesbrough TS3 6QH | £498 | 60 | 2 | Terraced House | |
£43K | 06/21 | 0.94 mi | 21, Thornton Street, Middlesbrough TS3 6PG | £623 | 69 | 2 | Terraced House | |
£75K | 06/21 | 0.96 mi | 16, Sandringham Road, Middlesbrough TS3 0DE | £1,119 | 67 | 2 | Semi-Detached House | |
£45K | 03/23 | 0.96 mi | 5, Herbert Street, Middlesbrough TS3 6JR | £818 | 55 | 2 | Terraced House | |
£40K | 03/21 | 0.98 mi | 16, Maria Street, Middlesbrough TS3 6JQ | £686 | 58 | 2 | Terraced House | |
£70K | 06/21 | 1 mi | 25, Thomas Street, Middlesbrough TS3 6JE | - | - | 2 | Terraced House |
Local Rents
26 rents from £475/mo to £850/mo, average is £650/mo.
Rent | Date | Distance | Address | Beds | Type | |
£850 | 11/24 | 0.4 mi | - | 2 | Terraced House | |
£650 | 10/24 | 0.48 mi | Delarden Road, Pallister Park | 2 | Terraced House | |
£475 | 10/24 | 0.86 mi | - | 2 | Terraced House | |
£695 | 12/23 | 0.87 mi | - | 2 | Terraced House | |
£595 | 10/23 | 0.92 mi | - | 2 | Terraced House | |
£605 | 05/24 | 0.93 mi | - | 2 | Semi-Detached House | |
£550 | 10/24 | 0.93 mi | Cadogan Street, North Ormesby, Middlesbrough, North Yorkshire, TS3 | 2 | Terraced House | |
£695 | 10/24 | 0.94 mi | - | 2 | Terraced House | |
£795 | 03/25 | 0.94 mi | - | 2 | Terraced House | |
£695 | 10/24 | 0.94 mi | Herbert Street, Middlesbrough, TS3 | 2 | Terraced House | |
£795 | 03/25 | 0.96 mi | - | 2 | Terraced House | |
£795 | 03/25 | 0.96 mi | - | 2 | Terraced House | |
£575 | 10/24 | 0.96 mi | Peaton Street, MIDDLESBROUGH | 2 | Terraced House | |
£750 | 01/25 | 0.98 mi | - | 2 | Semi-Detached House | |
£495 | 10/24 | 0.98 mi | Sedgebrook Gardens, Middlesbrough, TS3 | 2 | Terraced House | |
£595 | 03/25 | 0.98 mi | - | 2 | Terraced House | |
£500 | 10/24 | 0.99 mi | - | 2 | Terraced House | |
£650 | 10/24 | 1 mi | Esk Street, Middlesbrough, TS3 | 2 | Flat | |
£550 | 10/24 | 1.01 mi | Bevanlee Road, Middlesbrough, North Yorkshire, TS6 | 2 | Terraced House | |
£525 | 10/24 | 1.01 mi | Bevanlee Road, MIDDLESBROUGH | 2 | Flat | |
£499 | 10/24 | 1.01 mi | - | 2 | Terraced House | |
£575 | 10/24 | 1.02 mi | Coltman Street, MIDDLESBROUGH | 2 | Terraced House | |
£795 | 01/25 | 1.03 mi | - | 2 | Terraced House | |
£650 | 05/24 | 1.05 mi | - | 2 | Semi-Detached House | |
£695 | 07/24 | 1.07 mi | - | 2 | Terraced House | |
£750 | 01/25 | 1.08 mi | - | 2 | Terraced House |
Local Area Statistics
Population in TS3 | 28,89028,890 |
Population in Middlesbrough | 189,245189,245 |
Town centre distance | 1.03 miles away1.03 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 1.33 miles away1.33 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +34%+34% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +23%+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.
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