3 Bed Terraced House, Refurb/BRRR, Middlesbrough, TS6 0TX, £65,000

Holmefields Road, Middlesbrough, TS6 0TX - 18 views - 6 days ago

Refurb/BRRR

ROI: 2%

~93 m²

+5 photos

ValuationFair Value

Sold Prices	£60K - £325K
Sold Prices/m²	£744/m² - £3.2K/m²

Square Metres	~93 m²
Price/m²	£699/m²
Value Estimate	£66,300£66,300

End Value (After Refurb)	£135,279£135,279
Uplift in Value	+108%+108%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£16,250£16,250
Stamp Duty & Legal Fees	£4,450£4,450
Refurb Costs	£36,697£36,697
Bridging Loan Interest	£1,706£1,706
Total Cash In	£60,854£60,854

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£135,279£135,279
Agent Fees (1%)	£1,353£1,353
Bridging Loan	£48,750£48,750
Bridging Loan Interest	£1,706£1,706
Flip Profit	£24,323£24,323

Local Sold Prices

50 sold prices from £60K to £325K, average is £127.5K. £744/m² to £3.2K/m², average is £1.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£65K	12/20	0.03 mi	32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA	£747	87	3	Terraced House
£65K	12/20	0.03 mi	32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA	£747	87	3	Terraced House
£65K	12/20	0.03 mi	32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA	£747	87	3	Terraced House
£65K	12/20	0.03 mi	32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA	£747	87	3	Terraced House
£65K	12/20	0.03 mi	32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA	£747	87	3	Terraced House
£207.5K	11/20	0.1 mi	10, Woodlands Drive, Normanby, Middlesbrough, Redcar And Cleveland TS6 0NW	£2,385	87	3	Semi-Detached House
£315K	08/23	0.17 mi	110, Flatts Lane, Middlesbrough, Redcar And Cleveland TS6 0PW	-	-	3	Detached House
£215.5K	10/21	0.18 mi	171, Flatts Lane, Middlesbrough, Redcar And Cleveland TS6 0PP	£1,856	116	3	Semi-Detached House
£280K	08/21	0.19 mi	10, Woodlands Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0PS	£2,980	94	3	Detached House
£285K	08/21	0.19 mi	12, Woodlands Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0PS	-	-	3	Detached House
£71K	08/21	0.2 mi	101, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU	£910	78	3	Terraced House
£75K	03/21	0.2 mi	81, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU	-	-	3	Terraced House
£85K	01/23	0.2 mi	36, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU	£977	87	3	Terraced House
£70K	10/21	0.2 mi	76, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU	£854	82	3	Terraced House
£67K	12/20	0.21 mi	5, Oakley Walk, Middlesbrough, Redcar And Cleveland TS6 0TE	£744	90	3	Terraced House
£84K	12/22	0.21 mi	61, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU	£1,050	80	3	Terraced House
£82K	09/23	0.23 mi	94, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF	£1,079	76	3	Terraced House
£60K	11/23	0.23 mi	64, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF	-	-	3	Terraced House
£199K	01/21	0.24 mi	2, Flatts Lane Drive, Middlesbrough, Redcar And Cleveland TS6 0PR	£1,843	108	3	Detached House
£170K	12/22	0.28 mi	17, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0PZ	-	-	3	Detached House
£77K	12/20	0.28 mi	42, Keats Road, Middlesbrough, Redcar And Cleveland TS6 0RW	£1,027	75	3	Terraced House
£183K	02/23	0.31 mi	7, South Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0NS	-	-	3	Semi-Detached House
£116K	12/23	0.33 mi	16, Keats Road, Middlesbrough, Redcar And Cleveland TS6 0RR	-	-	3	Semi-Detached House
£101K	08/21	0.34 mi	99, Barnaby Crescent, Middlesbrough, Redcar And Cleveland TS6 9HL	-	-	3	Semi-Detached House
£265K	03/23	0.36 mi	14, Parkway Drive, Middlesbrough, Redcar And Cleveland TS6 0NU	£2,814	94	3	Detached House
£143K	11/23	0.37 mi	79, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RF	£1,810	79	3	Semi-Detached House
£108K	04/21	0.38 mi	5, Nab Close, Middlesbrough, Redcar And Cleveland TS6 9HJ	-	-	3	Semi-Detached House
£95K	04/23	0.38 mi	11, Nab Close, Middlesbrough, Redcar And Cleveland TS6 9HJ	£1,067	89	3	Semi-Detached House
£83K	07/21	0.4 mi	39, Webster Road, Middlesbrough, Redcar And Cleveland TS6 0RG	-	-	3	Semi-Detached House
£325K	02/23	0.4 mi	15, Regency Avenue, Middlesbrough, Redcar And Cleveland TS6 0QL	£3,066	106	3	Detached House
£138K	09/23	0.4 mi	36, Clive Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RT	£1,747	79	3	Terraced House
£115K	05/23	0.4 mi	34, Clive Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RT	£1,103	104	3	Terraced House
£140K	10/22	0.4 mi	39, Webster Road, Middlesbrough, Redcar And Cleveland TS6 0RG	-	-	3	Terraced House
£146K	12/20	0.41 mi	68, West Street, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LQ	£1,802	81	3	Semi-Detached House
£168K	12/20	0.41 mi	15, Kensington Avenue, Middlesbrough TS6 0QQ	£1,846	91	3	Semi-Detached House
£285K	07/22	0.42 mi	52, South Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0NX	£3,238	88	3	Detached House
£110K	07/21	0.42 mi	5, Sandmoor Close, Middlesbrough, Redcar And Cleveland TS6 9EF	£1,209	91	3	Terraced House
£164K	04/21	0.42 mi	56, South Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0NX	£1,658	99	3	Semi-Detached House
£180K	05/24	0.43 mi	4, Regency Avenue, Middlesbrough, Redcar And Cleveland TS6 0QN	-	-	3	Bungalow
£108K	06/23	0.43 mi	9, Newton Close, Middlesbrough, Redcar And Cleveland TS6 9HS	£1,227	88	3	Terraced House
£152K	12/21	0.43 mi	15, Firtree Avenue, Middlesbrough, Redcar And Cleveland TS6 0PQ	-	-	3	Semi-Detached House
£125K	05/23	0.43 mi	4, Marton Crescent, Middlesbrough, Redcar And Cleveland TS6 9HQ	-	-	3	Semi-Detached House
£141K	02/21	0.44 mi	85, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0PZ	£1,699	83	3	Semi-Detached House
£145K	07/21	0.44 mi	53, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0PZ	-	-	3	Semi-Detached House
£155K	09/21	0.44 mi	43, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0PZ	£2,039	76	3	Semi-Detached House
£140K	02/21	0.44 mi	73, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0PZ	£1,867	75	3	Semi-Detached House
£125K	01/24	0.44 mi	43, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RE	-	-	3	Semi-Detached House
£120K	04/21	0.44 mi	46, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RE	£1,521	79	3	Semi-Detached House
£245K	08/23	0.44 mi	48, Hollywalk Drive, Middlesbrough, Redcar And Cleveland TS6 0PL	£1,914	128	3	Semi-Detached House
£130K	03/23	0.45 mi	45, Barnaby Crescent, Middlesbrough, Redcar And Cleveland TS6 9HR	£1,494	87	3	Terraced House

Local Rents

11 rents from £595/mo to £800/mo, average is £650/mo.

Rent	Date	Distance	Address	Beds	Type
£650	06/24	0.02 mi	-	3	Terraced House
£650	02/25	0.02 mi	-	3	Terraced House
£650	02/25	0.03 mi	-	3	Terraced House
£650	10/24	0.05 mi	Holmefields Road, Middlesbrough, TS6	3	Flat
£595	12/24	0.21 mi	-	3	Terraced House
£700	02/24	0.27 mi	-	3	Flat
£700	11/24	0.27 mi	-	3	Flat
£625	10/24	0.46 mi	-	3	Semi-Detached House
£800	03/25	0.54 mi	-	3	Terraced House
£625	10/24	0.55 mi	The Jennings, Normanby, Middlesbrough, TS6 0LL	3	Terraced House
£600	10/24	0.55 mi	Edwards Street, Middlesbrough, TS6	3	Terraced House

Local Area Statistics

Population in TS6	30,23930,239
Population in Middlesbrough	189,245189,245
Town centre distance	1.77 miles away1.77 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.80 miles away1.80 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+2%+2%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £65,000

March 27, 2025

Floor Plans

Description

Full Renovation Opportunity – A blank canvas ready for transformation, perfect for adding significant value +
Spacious Kitchen/Diner – A generously sized area ideal for modern open-plan living +
Prime Location – Situated close to Bankfields Primary School and local amenities +
Affordable Price – An attractive price point, making it ideal for first-time buyers or investors +
Great Investment Potential – A fantastic opportunity to increase value through refurbishment +
Mid-Terraced Design – A practical layout offering a balance of space and affordability +

Unlock The Potential Of This 3-Bedroom Mid-Terraced Home In Need Of Full Renovation. Featuring A Spacious Kitchen/Diner And Situated Close To Bankfields Primary School, This Property Is Ideal For First-Time Buyers Or Investors Eager To Add Significant Value. With A Highly Attractive Price, It’s A Fantastic Opportunity To Transform This House

Agent Details

G.R. Estates, Stockton-on-Tees

01642 378022

Next Steps?

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

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