3 Bed Detached House, Refurb/BRRR, Middlesbrough, TS8 0WB, £205,000

Barberry, Coulby Newham, TS8 0WB - 19 days ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£67.5K - £450K
Sold Prices/m²£711/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£181,954

 

 

End Value (After Refurb)

£183,822

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£51,250

Stamp Duty & Legal Fees

£11,450

Refurb Costs

£36,697

Bridging Loan Interest

£5,381

Total Cash In

£106,529

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£183,822

Mortgage (After Refinance)

£137,867

Mortgage LTV

75%

Cash Left In

£106,529

Equity

£45,956

Rent Range

£675 - £1,200

Rent Estimate

£888

Running Costs/mo

£772

Cashflow/mo

£116

Cashflow/yr

£1,391

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £67.5K to £450K, average is £173K. £711/m² to £3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£145K12/200.01 mi66, Barberry, Coulby Newham, Middlesbrough TS8 0WB3
£161K12/220.07 mi12, Barberry, Coulby Newham, Middlesbrough TS8 0XG3
£195K05/230.07 mi44, Barberry, Coulby Newham, Middlesbrough TS8 0XG3
£67.5K03/210.09 mi42, Chervil, Coulby Newham, Middlesbrough TS8 0GB3
£75K11/220.09 mi26, Chervil, Coulby Newham, Middlesbrough TS8 0GB3
£215K08/210.21 mi6, Blackthorn, Coulby Newham, Middlesbrough TS8 0XD3
£170K03/210.21 mi53, Blackthorn, Coulby Newham, Middlesbrough TS8 0XD3
£165K03/210.31 mi59, The Covert, Coulby Newham, Middlesbrough TS8 0WN3
£115K12/200.32 mi23, Ash Hill, Coulby Newham, Middlesbrough TS8 0SX3
£130K08/210.33 mi60, Willowbank, Coulby Newham, Middlesbrough TS8 0SP3
£130K04/230.35 mi139, Lingfield Ash, Coulby Newham, Middlesbrough TS8 0SU3
£120K01/210.35 mi132, Lingfield Ash, Coulby Newham, Middlesbrough TS8 0SU3
£102.5K02/210.35 mi121, Ash Hill, Coulby Newham, Middlesbrough TS8 0SY3
£173K05/210.4 mi31, Evergreen Way, Marton In Cleveland, Middlesbrough TS8 9ZD3
£187.5K09/230.42 mi40, Willowbank, Coulby Newham, Middlesbrough TS8 0SW3
£157.5K04/210.44 mi72, Beechfield, Coulby Newham, Middlesbrough TS8 0TY3
£170.5K04/210.44 mi4, Beechfield, Coulby Newham, Middlesbrough TS8 0TY3
£157K10/230.44 mi35, Beechfield, Coulby Newham, Middlesbrough TS8 0TY3
£220.5K11/220.46 mi35, Hawkstone, Marton In Cleveland, Middlesbrough TS8 9XJ3
£200K03/230.48 mi78, Beechfield, Coulby Newham, Middlesbrough TS8 0UN3
£163.3K11/200.53 mi5, Farmside Mews, Marton In Cleveland, Middlesbrough TS8 9UR3
£171K12/200.53 mi10, Kedlestone Park, Marton In Cleveland, Middlesbrough TS8 9XW3
£205K04/230.53 mi19, Kedlestone Park, Marton In Cleveland, Middlesbrough TS8 9XW3
£161K06/210.53 mi62, Applegarth, Coulby Newham, Middlesbrough TS8 0UY3
£161K06/210.53 mi62, Applegarth, Coulby Newham, Middlesbrough TS8 0UY3
£168.5K11/230.53 mi46, Applegarth, Coulby Newham, Middlesbrough TS8 0UY3
£255K06/230.56 mi40, Rushmere, Marton In Cleveland, Middlesbrough TS8 9XL3
£164K02/210.56 mi20, Fernwood, Coulby Newham, Middlesbrough TS8 0US3
£173K02/210.57 mi41, Broadstone, Marton In Cleveland, Middlesbrough TS8 9XY3
£188K05/210.57 mi35, Broadstone, Marton In Cleveland, Middlesbrough TS8 9XY3
£450K06/230.59 mi35, Worsley Crescent, Marton In Cleveland, Middlesbrough TS7 8LU3
£280K11/220.59 mi16, Worsley Crescent, Marton In Cleveland, Middlesbrough TS7 8LU3
£153K06/210.6 mi10, Swallowfields, Coulby Newham, Middlesbrough TS8 0UH3
£177.5K01/240.6 mi12, Swallowfields, Coulby Newham, Middlesbrough TS8 0UH3
£234K02/210.61 mi12, Matlock Avenue, Marton In Cleveland, Middlesbrough TS7 8LW3
£230K12/230.61 mi19, Matlock Avenue, Marton In Cleveland, Middlesbrough TS7 8LW3
£170K01/210.61 mi76, The Birches, Coulby Newham, Middlesbrough TS8 0UB3
£188K03/230.61 mi70, The Birches, Coulby Newham, Middlesbrough TS8 0UB3
£173.5K07/210.61 mi58, The Birches, Coulby Newham, Middlesbrough TS8 0UB3
£187K05/230.61 mi80, The Birches, Coulby Newham, Middlesbrough TS8 0UB3
£127.5K01/210.62 mi27, The Birches, Coulby Newham, Middlesbrough TS8 0UA3
£300K11/220.68 mi33, Knaresborough Avenue, Marton In Cleveland, Middlesbrough TS7 8LN3
£300K04/210.68 mi5, Knaresborough Avenue, Marton In Cleveland, Middlesbrough TS7 8LN3
£150K11/210.69 mi33, Blairgowrie, Marton In Cleveland, Middlesbrough TS8 9XU3
£191K12/230.69 mi35, Blairgowrie, Marton In Cleveland, Middlesbrough TS8 9XU3
£218K11/230.69 mi29a, Blairgowrie, Marton In Cleveland, Middlesbrough TS8 9XU3
£240K04/240.7 mi1, Claremont Drive, Marton In Cleveland, Middlesbrough TS7 8ND3
£301.5K09/210.7 mi8, Claremont Drive, Marton In Cleveland, Middlesbrough TS7 8ND3
£272K06/210.7 mi22, Claremont Drive, Marton In Cleveland, Middlesbrough TS7 8ND3
£240K12/200.72 mi29, Boston Drive, Marton In Cleveland, Middlesbrough TS7 8LZ3

Local Rents

13 rents from £675/mo to £1.2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£75010/240.1 mi-3
£1,10002/240.6 mi-3
£1,20010/240.85 miGunnergate Lane, Middlesbrough, North Yorkshire, TS73
£1,20004/250.86 mi-3
£95002/240.86 mi-3
£95012/240.86 mi-3
£85002/250.99 mi-3
£67510/241.04 mi-3
£67510/241.04 miBurghley Court, Hemlington, Middlesbrough, TS83
£72510/241.11 mi-3
£1,09503/251.16 mi-3
£80010/241.23 miSunstar Grove, Marton Manor3
£1,10004/251.24 mi-3

Local Area Statistics

Population in TS8

21,266

Population in Middlesbrough

189,245

Town centre distance

2.37 miles away

Nearest school

0.40 miles away

Nearest train station

1.50 miles away

 

 

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £205,000

March 24, 2025

Description

  • Contemporary design with bright, airy interiors. +
  • No onward chain for a hassle-free move. +
  • Quiet cul-de-sac, safe and family-friendly. +
  • Private garden, off-street parking, and garage. +
  • Master bedroom with bespoke fitted storage. +
  • Spacious and versatile layout for modern living. +

About this property… Located in a peaceful cul-de-sac within a highly sought-after neighbourhood, this impressive three-bedroom detached home offers contemporary living at its finest. Light-filled and airy, the thoughtfully designed layout provides exceptional versatility, ideal for modern family life. The spacious master bedroom boasts bespoke storage, while the open-plan living areas blend comfort and style seamlessly. A private garden, off-street parking, and a garage with extra storage add to the home's practicality. With no onward chain, this turnkey property is ready to move into, offering an excellent investment opportunity with scope for modernisation. Entrance Hallway Composite entry door with staircase to the first floor. Ground floor WC White suite comprising: wall-mounted hand wash basin and close coupled WC with button flush. Living room A dual aspect PVCu double-glazed window is one of which is a front aspect bay window. Kitchen diner Comprising a range of fitted base and wall units with matching work surfaces and coordinated tiled splashbacks. Appliances to include: stainless steel sink with a drainer, rinse bowl and mixer tap; single electric oven; four-ring gas hob with an extractor hood above. French-style PVCu double-glazed doors open onto the rear garden. First floor Master bedroom Fitted wardrobes and front aspect PVCu double-glazed window. En-suite shower room White suite comprising pedestal hand wash basin with mixer tap, fully tiled shower enclosure with a wall-mounted mains shower, and close-coupled WC with button flush. Chrome heated towel rail. Bedroom two Front aspect PVCu double-glazed window. Bedroom three Rear aspect PVCu double-glazed window. Bathroom White suite comprising: pedestal hand wash basin with mixer tap; panelled bath with a mixer tap; and close coupled WC with button flush. Chrome heated towel rail. Externally Parking The driveway provides off-street parking. Single garage Up-and-over entry door power supply and lighting. Personnel door to the rear garden. Garden The outdoor space features a well-maintained lawn complemented by a charming patio area. It is adorned with a variety of mature plants. A shed provides convenient storage, while the boundaries are enclosed by neatly arranged fencing, ensuring privacy and a sense of security. General information Local authority: Middlesbrough Council tax band: D Tenure: Freehold Disclaimer Harvey Brooks Properties Ltd (the Company). The Company for itself and for the vendor(s) or lessor(s) of this property for whom it acts as Agents gives notice that: (i) The particulars are a general outline only for the guidance of intending purchasers or lessees and do not constitute an offer or contract (ii) All descriptions are given in good faith and are believed to be correct, but any prospective purchasers or lessees should not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness (iii) All measurements of rooms contained within these particulars should be taken as approximate and it is the responsibility of the prospective purchaser or lessee or his professional advisor to determine the exact measurements and details as required prior to Contract (iv) None of the property's services or service installations have been tested and are not warranted to be in working order (v) No employee of the Company has any authority to make or give any representation or warranty whatsoever in relation to the property.

Agent Details

Harvey Brooks, Marton

01642 056339

Next Steps?

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