3 Bed Terraced House, Single Let, Middlesbrough, TS3 6PE, £65,000

Tunstall Street, North Ormesby, TS3 6PE - 7 months ago

Sold STC

BTL

ROI: 17%

~93 m²

+6 photos

ValuationUndervalued

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Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£16,250£16,250
Stamp Duty & Legal Fees	£4,450£4,450
Total Cash In	£20,700£20,700

Cash Out
Rent Range	£420 - £1,100£420 - £1,100
Rent Estimate	£650
Running Costs/mo	£353£353
Cashflow/mo	£297£297
Cashflow/yr	£3,563£3,563
ROI	17%17%
Gross Yield	12%12%

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Local Rents

35 rents from £420/mo to £1.1K/mo, average is £750/mo.

Rent	Date	Distance	Address	Beds	Type
£795	04/25	0.03 mi	-	3	Terraced House
£650	12/23	0.05 mi	-	3	Terraced House
£670	12/23	0.05 mi	-	3	Terraced House
£695	10/24	0.05 mi	Jubilee Street, Middlesbrough, TS3	3	Terraced House
£695	10/24	0.05 mi	-	3	Terraced House
£695	02/25	0.05 mi	-	3	Terraced House
£795	03/25	0.05 mi	-	3	Terraced House
£895	11/24	0.06 mi	-	3	Terraced House
£695	03/25	0.07 mi	-	3	Terraced House
£795	01/25	0.08 mi	-	3	Terraced House
£795	01/25	0.08 mi	-	3	Terraced House
£800	11/24	0.09 mi	-	3	Terraced House
£800	11/24	0.09 mi	-	3	Terraced House
£700	11/24	0.11 mi	-	3	Terraced House
£650	10/24	0.12 mi	-	3	Terraced House
£525	03/25	0.14 mi	-	3	Terraced House
£795	10/24	0.14 mi	-	3	Terraced House
£800	03/25	0.15 mi	-	3	Semi-Detached House
£695	10/24	0.16 mi	Pilkington Street, Middlesbrough, North Yorkshire, TS3 6JN	3	Terraced House
£795	10/24	0.16 mi	Beaumont Road, Middlesbrough, TS3	3	Terraced House
£795	10/24	0.16 mi	-	3	Terraced House
£695	03/25	0.16 mi	-	3	Terraced House
£745	10/24	0.18 mi	-	3	Terraced House
£995	10/24	0.18 mi	-	3	Terraced House
£700	04/25	0.18 mi	-	3	Terraced House
£795	10/24	0.19 mi	-	3	Terraced House
£420	10/24	0.19 mi	-	3	Terraced House
£850	03/25	0.29 mi	-	3	Semi-Detached House
£695	03/25	0.33 mi	-	3	Terraced House
£750	12/24	0.4 mi	-	3	Semi-Detached House
£1,100	03/25	0.42 mi	-	3	Semi-Detached House
£950	12/24	0.5 mi	-	3	Terraced House
£650	02/24	0.51 mi	-	3	Terraced House
£850	10/24	0.53 mi	Simon Hunter Way, Middlesbrough, North Yorkshire, TS4	3	Detached House
£675	10/24	0.56 mi	Cottingham Drive, Middlesbrough	3	Flat

Local Area Statistics

Population in TS3	28,89028,890
Population in Middlesbrough	189,245189,245
Town centre distance	1.49 miles away1.49 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.19 miles away1.19 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 £65,000

September 17, 2024

Description

Two Double Bedrooms with an Additional Room Off the Master +
Gas Central Heating with a Combi boiler +
UPVC Double Glazed Windows +
Ideal for But-To-Let Investors +

Spacious Two Bedroom Home Located in North Ormesby, Just a Short Distance from Local Amenities and Public Transport Links. The Property Features a Multifunctional Room Adjoining the Master Bedroom.

Tenure: Freehold
Council Tax Band: A

Agent Details

Michael Poole, Middlesbrough

01642 049224

Next Steps?

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