3 Bed Semi-Detached House, Refurb/BRRR, Middlesbrough, TS6 0QJ, £180,000

Regency Avenue, Middlesbrough, TS6 0QJ - 1 views - a month ago

Refurb/BRRR
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£60K - £415K
Sold Prices/m²£744/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£156,079

 

 

End Value (After Refurb)

£175,631

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Refurb Costs

£36,697

Bridging Loan Interest

£4,725

Total Cash In

£99,472

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£175,631

Mortgage (After Refinance)

£131,723

Mortgage LTV

75%

Cash Left In

£99,472

Equity

£43,908

Rent Range

£595 - £800

Rent Estimate

£667

Running Costs/mo

£702

Cashflow/mo

£-35

Cashflow/yr

£-423

Gross Yield

4%

Local Sold Prices

50 sold prices from £60K to £415K, average is £156.8K. £744/m² to £3.2K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£168K12/200.08 mi15, Kensington Avenue, Middlesbrough TS6 0QQ3
£141K02/210.1 mi85, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0PZ3
£145K07/210.1 mi53, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0PZ3
£155K09/210.1 mi43, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0PZ3
£140K02/210.1 mi73, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0PZ3
£185.5K09/210.12 mi60, Bexley Drive, Normanby, Middlesbrough TS6 0ST3
£158K03/240.12 mi45, Bexley Drive, Normanby, Middlesbrough, Redcar And Cleveland TS6 0ST3
£153K07/230.12 mi46, Bexley Drive, Normanby, Middlesbrough, Redcar And Cleveland TS6 0ST3
£170K12/220.12 mi17, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0PZ3
£199K01/210.13 mi2, Flatts Lane Drive, Middlesbrough, Redcar And Cleveland TS6 0PR3
£325K02/230.15 mi15, Regency Avenue, Middlesbrough, Redcar And Cleveland TS6 0QL3
£145K11/200.16 mi33, Buckingham Drive, Normanby, Middlesbrough, Redcar And Cleveland TS6 0QE3
£156K07/210.16 mi19, Buckingham Drive, Normanby, Middlesbrough, Redcar And Cleveland TS6 0QE3
£265K03/230.18 mi14, Parkway Drive, Middlesbrough, Redcar And Cleveland TS6 0NU3
£180K05/240.18 mi4, Regency Avenue, Middlesbrough, Redcar And Cleveland TS6 0QN3
£215.5K10/210.18 mi171, Flatts Lane, Middlesbrough, Redcar And Cleveland TS6 0PP3
£280K08/210.2 mi10, Woodlands Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0PS3
£285K08/210.2 mi12, Woodlands Road, Normanby, Middlesbrough, Redcar And Cleveland TS6 0PS3
£315K08/230.21 mi110, Flatts Lane, Middlesbrough, Redcar And Cleveland TS6 0PW3
£164K04/210.23 mi56, South Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0NX3
£285K07/220.24 mi52, South Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0NX3
£157.5K02/210.27 mi4, Wembley Way, Normanby, Middlesbrough, Redcar And Cleveland TS6 0SS3
£183K02/230.27 mi7, South Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0NS3
£207.5K11/200.28 mi10, Woodlands Drive, Normanby, Middlesbrough, Redcar And Cleveland TS6 0NW3
£130K04/210.29 mi30, Esher Avenue, Normanby, Middlesbrough, Redcar And Cleveland TS6 0SH3
£186K08/230.31 mi8, Southwark Close, Middlesbrough, Redcar And Cleveland TS6 0SE3
£170K12/200.32 mi128, Guildford Road, Middlesbrough, Redcar And Cleveland TS6 0SW3
£152K12/210.32 mi15, Firtree Avenue, Middlesbrough, Redcar And Cleveland TS6 0PQ3
£225K08/220.37 mi17, Meredith Avenue, Middlesbrough, Redcar And Cleveland TS6 0HW3
£246K12/200.39 mi48, Cricket Lane, Middlesbrough, Redcar And Cleveland TS6 0HF3
£65K12/200.39 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.39 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.39 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.39 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.39 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£245K08/230.39 mi48, Hollywalk Drive, Middlesbrough, Redcar And Cleveland TS6 0PL3
£192.5K08/230.41 mi12, Willow Drive, Middlesbrough, Redcar And Cleveland TS6 0HP3
£170K12/200.41 mi19, Willow Drive, Middlesbrough, Redcar And Cleveland TS6 0HN3
£146K12/200.44 mi68, West Street, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LQ3
£77K12/200.44 mi42, Keats Road, Middlesbrough, Redcar And Cleveland TS6 0RW3
£150K11/230.45 mi17, Grosvenor Gardens, Middlesbrough, Redcar And Cleveland TS6 0LG3
£120K11/220.46 mi2, Springlea, Ormesby, Middlesbrough, Redcar And Cleveland TS7 9PP3
£67K12/200.46 mi5, Oakley Walk, Middlesbrough, Redcar And Cleveland TS6 0TE3
£82K09/230.49 mi94, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF3
£60K11/230.49 mi64, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF3
£120K11/220.51 mi6, Birchtree Close, Ormesby, Middlesbrough, Redcar And Cleveland TS7 9PQ3
£150K04/210.51 mi17, Birchtree Close, Ormesby, Middlesbrough, Redcar And Cleveland TS7 9PQ3
£415K06/210.52 mi72, High Street, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LB3
£92.5K03/230.53 mi42, Cleveland Street, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LU3
£80K01/210.53 mi51, Starbeck Way, Ormesby, Middlesbrough, Redcar And Cleveland TS7 9QG3

Local Rents

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

RentDateDistanceAddressBeds 
£70002/240.33 mi-3
£70011/240.33 mi-3
£65001/250.34 mi-3
£65010/240.36 miHolmefields Road, Middlesbrough, TS63
£65006/240.37 mi-3
£65001/250.37 mi-3
£59511/240.47 mi-3
£62510/240.54 mi-3
£80004/250.56 mi-3
£62510/240.56 miThe Jennings, Normanby, Middlesbrough, TS6 0LL3
£67510/240.56 miCherry Tree Close, Ormesby,3
£69506/240.58 mi-3
£65012/240.59 mi-3

Local Area Statistics

Population in TS6

30,239

Population in Middlesbrough

189,245

Town centre distance

1.45 miles away

Nearest school

0.30 miles away

Nearest train station

1.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £180,000

April 1, 2025

Floor Plans

Description

  • 3-BEDROOM SEMI DETACHED FAMILY HOME +
  • SOUGHT AFTER NORMANBY AREA +
  • SPACIOUS ENCLOSED REAR GARDEN +
  • AWAITING EPC RATING +
  • AMPLE OFF STREET PARKING & GARAGE +
  • VACANT POSESSION +

NS Estates are delighted to present this rarely available three double bedroom property located in the sought-after area of Normanby on Regency Avenue. Within close proximity of the Flatts Lane Country Park, this spacious family home offers easy access to local amenities and transport links.

In need of some modernisation, this property presents a unique opportunity to create a stunning family home from a blank canvas. With three generous double bedrooms, the interior is flooded with natural light, creating a warm and inviting atmosphere. The property also boasts a large south westerly-facing garden, a long driveway, and a brick-built garage.

Properties of this calibre are seldom on the market, and the asking price reflects the potential for transformation. Don't miss out on this opportunity to make this house your home in the desirable Normanby location. Awaiting EPC rating.

Contact us today to arrange a viewing and explore the potential of this exceptional property.
Hallway 3.98m (13'1) TO THE WIDEST POINT x 1.34m (4'5) TO THE WIDEST POINT
Access via double glazed UPVC door. Access to lounge and kitchen. Radiator.
Lounge 7.29m (23'11) TO THE WIDEST POINT x 4.35m (14'3) TO THE WIDEST POINT
Double glazed window to front and rear aspect. Gas fire. Radiator.
Kitchen 2.77m (9'1) TO THE WIDEST POINT x 3.45m (11'4) TO THE WIDEST POINT
Wall and base units. Rolltop work surfaces. Sink unit with drainer. Integrated cooker with extractor. Space and plumbing for washing machine and dryer. Partial tiled walls. Double glazed window to rear aspect. Radiator.
Landing 3.45m (11'4) TO THE WIDEST POINT x 1.42m (4'8) TO THE WIDEST POINT
Double glazed window to side aspect. Access to bathroom, WC, and bedrooms.
Bedroom 1 3.61m (11'10) TO THE WIDEST POINT x 3.71m (12'2) TO THE WIDEST POINT
Double glazed window to front aspect. Radiator.
Bedroom 2 3.58m (11'9) TO THE WIDEST POINT x 3.73m (12'3) TO THE WIDEST POINT
Double glazed window to rear aspect. Radiator.
Bedroom 3 2.04m (6'8) TO THE WIDEST POINT x 2.78m (9'1) TO THE WIDEST POINT
Double glazed window to front aspect. Radiator.
Bathroom 1.56m (5'1) TO THE WIDEST POINT x 2.78m (9'1) TO THE WIDEST POINT
Wash hand basin. Panel bath with shower unit. Partially tiled walls. Double glazed window to side aspect.
WC .72m (2'4) TO THE WIDEST POINT x 1.51m (4'11) TO THE WIDEST POINT
Low level WC. Double glazed to side aspect.
Garage

Property Disclaimer - IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We cannot also confirm at this stage of marketing the tenure of this house.

Agent Details

NS Estates, Middlesbrough

01642 937591

Next Steps?

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