2 Bed Terraced House, Single Let, Stockton-on-Tees, TS18 4BB, £55,000

Norfolk Street, Stockton-On-Tees, TS18 4BB - a month ago

Sold STC
BTL
ROI: 14%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£31K - £120K
Sold Prices/m²£272/m² - £1.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£808/m²

Value Estimate

£50,187

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£2,850

Total Cash In

£16,600

 

 

Cash Out

 

Rent Range

£475 - £750

Rent Estimate

£476

Running Costs/mo

£287

Cashflow/mo

£189

Cashflow/yr

£2,268

ROI

14%

Gross Yield

10%

Local Sold Prices

53 sold prices from £31K to £120K, average is £60K. £272/m² to £1.6K/m², average is £737/m².

PriceDateDistanceAddressBeds 
£50K03/210 mi49, Norfolk Street, Stockton-on-tees TS18 4BB2
£54K09/230 mi28, Norfolk Street, Stockton-on-tees TS18 4BB2
£54K09/230 mi28, Norfolk Street, Stockton-on-tees TS18 4BB2
£45K11/210.01 mi47, Suffolk Street, Stockton-on-tees TS18 4BA2
£58.1K10/220.01 mi22, Suffolk Street, Stockton-on-tees TS18 4BA2
£55K01/230.01 mi56, Suffolk Street, Stockton-on-tees TS18 4BA2
£45K04/230.01 mi47, Suffolk Street, Stockton-on-tees TS18 4BA2
£52.5K11/210.03 mi60, Wren Street, Stockton-on-tees TS18 4BJ2
£62K10/200.13 mi5, Windsor Road, Stockton-on-tees TS18 4DY2
£82.5K12/220.14 mi13, Kensington Road, Stockton-on-tees TS18 4DQ2
£66.5K12/200.14 mi19, Eton Road, Stockton-on-tees TS18 4DL2
£66.5K12/200.14 mi19, Eton Road, Stockton-on-tees TS18 4DL2
£73.5K09/200.15 mi41, Marlborough Road, Stockton-on-tees TS18 4DB2
£47K09/200.15 mi11, Marlborough Road, Stockton-on-tees TS18 4DB2
£61K01/210.15 mi55, Marlborough Road, Stockton-on-tees TS18 4DB2
£54K09/210.15 mi13, Marlborough Road, Stockton-on-tees TS18 4DB2
£63K10/210.15 mi10, Marlborough Road, Stockton-on-tees TS18 4DB2
£84K11/220.15 mi45, Manfield Street, Stockton-on-tees TS18 1JT2
£55K05/240.15 mi33, Manfield Street, Stockton-on-tees TS18 1JT2
£73K02/210.15 mi18, Hampton Road, Stockton-on-tees TS18 4DU2
£75K08/210.15 mi6, Hampton Road, Stockton-on-tees TS18 4DU2
£95K04/230.15 mi53, Hampton Road, Stockton-on-tees TS18 4DU2
£66.5K06/210.16 mi50, Kensington Road, Stockton-on-tees TS18 4DQ2
£72.5K07/210.16 mi52, Kensington Road, Stockton-on-tees TS18 4DQ2
£75.5K12/220.16 mi23, Kensington Road, Stockton-on-tees TS18 4DQ2
£55K07/230.16 mi2, Kensington Road, Stockton-on-tees TS18 4DQ2
£95K02/240.18 mi31, Densham Drive, Stockton-on-tees TS18 3NN2
£65K08/210.19 mi18, Egglestone Terrace, Stockton-on-tees TS18 1JR2
£66K10/210.21 mi37, Middleton Walk, Stockton-on-tees TS18 1JS2
£55K10/200.21 mi54, Windsor Road, Stockton-on-tees TS18 4DZ2
£82.5K05/210.21 mi71, Windsor Road, Stockton-on-tees TS18 4DZ2
£75K09/220.25 mi100, Hampton Road, Stockton-on-tees TS18 4DX2
£39K10/220.25 mi93, Tarring Street, Stockton-on-tees TS18 1HH2
£40K10/230.25 mi55, Tarring Street, Stockton-on-tees TS18 1HH2
£40K08/230.27 mi40, Tarring Street, Stockton-on-tees TS18 1HJ2
£40K08/230.27 mi40, Tarring Street, Stockton-on-tees TS18 1HJ2
£45K11/200.28 mi74, St Bernard Road, Stockton-on-tees TS18 1HL2
£62.5K10/230.35 mi6, Hope Street, Stockton-on-tees TS18 3PS2
£60K06/230.35 mi30, Grove Street, Stockton-on-tees TS18 3JA2
£49.5K05/230.36 mi3, Poplar Grove, Stockton-on-tees TS18 3JD2
£74K09/230.36 mi7, Poplar Grove, Stockton-on-tees TS18 3JD2
£74K09/230.36 mi7, Poplar Grove, Stockton-on-tees TS18 3JD2
£54K12/230.37 mi14, Melbourne Street, Stockton-on-tees TS18 1PB2
£31K10/200.37 mi22, Dixon Street, Stockton-on-tees TS18 1PE2
£120K11/200.38 mi5, Grangefield Road, Stockton-on-tees TS18 4LA2
£120K04/210.38 mi11, Grangefield Road, Stockton-on-tees TS18 4LA2
£60K10/200.38 mi61, Walter Street, Stockton-on-tees TS18 3PP2
£50K12/210.38 mi38, Walter Street, Stockton-on-tees TS18 3PP2
£35K11/200.4 mi67, Waverley Street, Stockton-on-tees TS18 3JH2
£63K10/230.4 mi15, Whitwell Close, Stockton-on-tees TS18 3JQ2
£37K01/210.41 mi18, Bute Street, Stockton-on-tees TS18 1NX2
£54K11/220.41 mi14, Bute Street, Stockton-on-tees TS18 1NX2
£42K10/230.41 mi18, Bute Street, Stockton-on-tees TS18 1NX2

Local Rents

45 rents from £475/mo to £750/mo, average is £550/mo.

RentDateDistanceAddressBeds 
£60010/240 mi50 Norfolk Street, Stockton-On-Tees, Durham, TS182
£74507/240.05 mi-2
£57511/240.09 mi-2
£57511/240.09 mi-2
£52511/230.12 mi-2
£60510/240.12 mi-2
£55009/240.14 mi-2
£57503/250.15 mi-2
£50010/240.15 mi-2
£50010/240.15 miMarlborough Road, Stockton-On-Tees, TS182
£75003/250.17 mi-2
£59510/240.2 miWindsor Road, Stockton-On-Tees2
£55010/240.29 miYarm Road, Stockton-On-Tees, TS18 3NW2
£52510/240.29 miSt. Bernard Road, Stockton-On-Tees2
£48710/240.29 mi-2
£47911/240.32 mi-2
£47911/240.32 mi-2
£47911/240.32 mi-2
£47510/240.35 mi-2
£56011/230.36 mi-2
£58511/240.36 mi-2
£55012/240.38 mi-2
£57510/240.39 miDovecot Street, Stockton-On-Tees, Durham, TS182
£49510/240.43 mi-2
£49010/240.43 mi-2
£60010/240.43 mi-2
£60011/240.43 mi-2
£60011/240.43 mi-2
£69912/240.44 mi-2
£55010/240.44 miArlington StreetStockton-On-TeesTS18 3LD 2
£47510/240.46 miWinston Street, Stockton-On-Tees, TS18 3LF2
£62510/240.49 mi-2
£69903/250.49 mi-2
£57510/240.51 miHowden Walk, Stockton-On-Tees, Durham, TS182
£55010/240.51 miSt. Pauls Street, Stockton-On-Tees, TS192
£65002/250.52 mi-2
£55010/240.53 miVicarage Street, Stockton-On-Tees, TS192
£50010/240.54 miBishopton Road, Stockton-On-Tees, TS19 0AN2
£60002/250.55 mi-2
£60010/240.56 mi-2
£55010/240.61 miBrusselton Court, Stockton-On-Tees, TS18 3AN2
£57510/240.61 miBrusselton Court, Stockton-On-Tees, TS18 3AN2
£52510/240.61 miBrusselton Court, Stockton-On-Tees, TS18 3AN2
£55010/240.61 miBrusselton Court, Stockton-On-Tees, TS18 3AN2
£50010/240.61 miWitton Park, Stockton-On-Tees, Durham, TS182

Local Area Statistics

Population in TS18

24,161

Population in Stockton-on-Tees

149,709

Town centre distance

0.70 miles away

Nearest school

0.10 miles away

Nearest train station

0.63 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £55,000

February 12, 2025

Floor Plans

Description

  • NO ONWARD CHAIN +

  • REAR YARD +

  • TERRACED +

  • CLOSE TO LOCAL AMENITIES +

  • IDEAL FOR A WIDE RANGE OF BUYERS +

SUMMARY
Offering for sale with NO ONWARD CHAIN is this two bedroom terraced property situated in Stockton-On-Tees.

DESCRIPTION
Offering for sale with NO ONWARD CHAIN is this two bedroom terraced property situated in Stockton-On-Tees. Offering an ideal location for potential investors, as positioned close to amenities, public transport access and local schools. With recently rennovated roof and windows, the property comprises of entrance hallway, lounge, dining room and kitchen to ground floor. First floor benefits from two double bedrooms and family bathroom. Rear elevation provides an enclosed yard area with access alleyway.

Entrance Hall 
UPVC door to front, radiator, access to first floor

Lounge 10' 1" x 9' 1" ( 3.07m x 2.77m )
Window to front, radiator

Dining Room 14' x 10' ( 4.27m x 3.05m )
Radiator, window to rear, cupboard under stairs

Kitchen 
Range of wall and base units, sink, radiator, electric hob, recess for fridge freezer, recess for oven, recess for washer, UPVC door to side

Bedroom 1 14' x 10' ( 4.27m x 3.05m )
2 windows to rear, radiator, loft access

Bedroom 2 9' 1" max x 10' 1" ( 2.77m max x 3.07m )
Radiator, window to rear

Bathroom  
Bath with shower unit, sink, low level WC, radiator, window to rear, splash back

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. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
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.

Agent Details

Manners & Harrison, Stockton On Tees

01642 056891

Next Steps?

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