3 Bed Terraced House, Single Let, Middlesbrough, TS4 3NE, £95,000

Bollington Road, Middlesbrough, Cleveland, TS4 3NE - 2 views - 2 months ago

BTL
ROI: 9%
~93 m²
+1 photos

ValuationUndervalued

Sold Prices£68.5K - £240K
Sold Prices/m²£813/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£114,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,050

Total Cash In

£27,800

 

 

Cash Out

 

Rent Range

£675 - £1,950

Rent Estimate

£650

Running Costs/mo

£447

Cashflow/mo

£203

Cashflow/yr

£2,438

ROI

9%

Gross Yield

8%

Local Sold Prices

51 sold prices from £68.5K to £240K, average is £97.5K. £813/m² to £2.4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£88K11/220.04 mi36, Brettenham Avenue, Middlesbrough TS4 3ND3
£77K11/200.04 mi13, Bexley Close, Middlesbrough TS4 3NG3
£77K11/200.04 mi13, Bexley Close, Middlesbrough TS4 3NG3
£100K04/230.04 mi29, Bexley Close, Middlesbrough TS4 3NG3
£70K03/210.06 mi25, Brettenham Avenue, Middlesbrough TS4 3NB3
£224K02/240.07 mi599, Marton Road, Middlesbrough TS4 3SD3
£72K05/210.08 mi72, Brettenham Avenue, Middlesbrough TS4 3NH3
£78K10/230.1 mi32, Albourne Green, Middlesbrough TS4 3NA3
£80K11/200.11 mi63, Broadwell Road, Middlesbrough TS4 3NL3
£90K05/230.12 mi8, Adstock Avenue, Middlesbrough TS4 3LX3
£90K05/230.12 mi8, Adstock Avenue, Middlesbrough TS4 3LX3
£138K02/230.13 mi6, Wilson Place, Middlesbrough TS4 3TS3
£68.5K06/210.14 mi26, Dawlish Green, Middlesbrough TS4 3NW3
£73K12/200.15 mi78, Chippenham Road, Middlesbrough TS4 3NT3
£175K12/220.16 mi26, Easterside Road, Middlesbrough TS4 3QB3
£85K09/220.17 mi19, Charnley Green, Middlesbrough TS4 3NX3
£110K06/230.17 mi11, Darnton Drive, Middlesbrough TS4 3PA3
£81.5K06/210.18 mi21, Darnton Drive, Middlesbrough TS4 3PE3
£92K04/230.18 mi32, Darnton Drive, Middlesbrough TS4 3PE3
£125K08/230.19 mi15, Caversham Road, Middlesbrough TS4 3PW3
£124K12/230.19 mi25, Caversham Road, Middlesbrough TS4 3PW3
£93K12/220.19 mi88, Broadwell Road, Middlesbrough TS4 3NJ3
£77.5K12/200.19 mi6, Eccleston Walk, Middlesbrough TS4 3PQ3
£71.1K05/210.2 mi8, Charnley Green, Middlesbrough TS4 3NX3
£97.5K06/230.21 mi11, Hesketh Avenue, Middlesbrough TS4 3QY3
£115K09/230.21 mi88, Darnton Drive, Middlesbrough TS4 3RF3
£73K03/210.21 mi69, Darnton Drive, Middlesbrough TS4 3RF3
£115K08/230.21 mi75, Darnton Drive, Middlesbrough TS4 3RF3
£74K07/210.22 mi22, Chippenham Road, Middlesbrough TS4 3PL3
£155K07/230.23 mi1, Scholars Rise, Middlesbrough TS4 3RP3
£189K02/230.23 mi7, Scholars Rise, Middlesbrough TS4 3RP3
£162K06/210.23 mi3, Hoskins Lane, Middlesbrough TS4 3RR3
£240K01/230.23 mi635, Marton Road, Middlesbrough TS4 3SE3
£122K02/210.24 mi36, Easterside Road, Middlesbrough TS4 3QA3
£118K04/210.24 mi34, Easterside Road, Middlesbrough TS4 3QA3
£83K01/230.24 mi41, Grantham Green, Middlesbrough TS4 3QS3
£100K10/230.24 mi47, Grantham Green, Middlesbrough TS4 3QS3
£156K11/220.28 mi78, Hoskins Lane, Middlesbrough TS4 3GL3
£200K04/230.29 mi6, Deighton Road, Middlesbrough TS4 3QD3
£133K03/230.32 mi214, Broadwell Road, Middlesbrough TS4 3QP3
£137K09/230.33 mi1, Laindon Avenue, Middlesbrough TS4 3QE3
£110K10/210.34 mi11, Kesteven Road, Middlesbrough TS4 3QF3
£85K02/240.36 mi256, Broadwell Road, Middlesbrough TS4 3QJ3
£108.9K04/240.36 mi236, Broadwell Road, Middlesbrough TS4 3QJ3
£71K02/210.37 mi6, Morpeth Avenue, Middlesbrough TS4 3QW3
£115K11/210.37 mi6, Pevensey Close, Middlesbrough TS4 3EG3
£100K04/230.38 mi1, Stanmore Avenue, Middlesbrough TS4 3EQ3
£93K01/210.39 mi12, Oswestry Green, Middlesbrough TS4 3QL3
£92.5K05/230.39 mi24, Oswestry Green, Middlesbrough TS4 3QL3
£105K03/230.39 mi28, Southwick Avenue, Middlesbrough TS4 3QG3
£72K01/230.44 mi70, Gleneagles Road, Middlesbrough TS4 3JD3

Local Rents

21 rents from £675/mo to £1.9K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£67510/240.05 miBollington Road, Middlesbrough3
£85011/240.13 mi-3
£85008/230.18 mi-3
£1,10005/240.18 mi-3
£67510/240.2 miCharnley Green, Middlesborough, TS43
£92512/240.21 mi-3
£92512/240.21 mi-3
£92512/240.21 mi-3
£1,95007/240.22 mi-3
£1,10010/240.28 mi-3
£67509/230.32 mi-3
£99510/240.32 miBracken Grange, Middlesbrough, TS43
£99510/240.32 miBracken Grange, Middlesbrough, TS43
£99510/240.36 miBracken Grange, Middlesbrough, TS43
£99510/240.36 miBracken Grange, Middlesbrough, TS43
£75010/240.46 miMuirfield Way, Middlesbrough3
£85011/240.47 mi-3
£85012/240.47 mi-3
£85011/240.49 mi-3
£73510/240.55 mi-3
£99509/240.59 mi-3

Local Area Statistics

Population in TS4

16,950

Population in Middlesbrough

189,245

Town centre distance

1.07 miles away

Nearest school

0.30 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+47%

Sales demand

Seller's market

Capital growth (5yrs)

-3%

Property History

Listed for £95,000

February 12, 2025

Floor Plans

Description

  • Perfect Investment opportunity +
  • Three Bedroom terraced Home +
  • Close To James Cook Hospital +
  • Lounge/Dining Room +
  • Double glazing +
  • Gas Central heating system +
  • Tenant currently in situ +
  • Tenant currently paying £650pcm +

Offering superb rental yields we are delighted to offer for sale this superb three bedroom terraced home. Currently let at £650 PCM. With accommodation comprises entrance hall, spacious lounge and a kitchen with a range of fitted units. To the first floor you will find three bedrooms and a bathroom, In addition there are gardens to the front and rear. Double glazing and gas central heating system. Viewings are welcomed early. EPC RATING IS C. TENURE IS FREEHOLD. COUNCIL TAX BAND IS A.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our 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 photographs and measurements have been taken as a guide 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 traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

MID250080/2

Agent Details

Reeds Rains, Middlesbrough

01642 056928

Next Steps?

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