Douglas Street, Middlesbrough, North Yorkshire, TS4
Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 11.4% below the comparable sales mean — some negotiation possible but limited margin.
Property Details
- Asking Price
- £59,995
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Occupancy
- 🔒 Currently Tenanted
- Est. Floor Area
- 657 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Motivated Seller Analysis
Watch — 5/10Behavioural signals: 124 days on marketBelow market valueTenanted investment
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £187 |
| ICR (actual) | 3.47x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £59,995 |
| Deposit (25% — 75% LTV) | £14,998 |
| SDLT (additional property, 5% surcharge) | £3,000 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £20,997 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £59,995 | Loan (75% LTV) | £44,996 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £206 |
| Rent needed (1.5×) | £309/mo | Estimated rent | £650/mo |
| Stress ratio | 3.15× (need ≥ 1.5×) +£341 surplus | ||
Assumptions: 75% LTV · 5.5% interest only · 1.5× rent coverage (standard lender requirement). Actual lender criteria vary — verify with your broker.
Exit Strategy
Capital appreciation projections at 2.5% pa (local Land Registry HPI). Assumes 75% LTV interest-only mortgage redeemed on sale. Excludes rental income.
| Est. reno cost | Unknown — score listing |
| Cash left in deal | Unknown |
| SA gross/mo | £1,641 |
| SA net/mo | £1,294 |
| BTL est./mo | £650 |
| SA vs BTL uplift | +£991/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £64,608 | +£4,613 | £16,756 | +£1,757 (2.9%) |
| 5 years | £67,879 | +£7,884 | £19,192 | +£4,194 (7.0%) |
| 7 years | £71,315 | +£11,320 | £21,752 | +£6,754 (11.3%) |
Projections: 2.5% pa HPI, 75% LTV IO mortgage redeemed at sale, 1.5% EA, £1,500 legal, 24% CGT above £3k allowance. Not financial advice.
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Location
Comparable Sales in TS4 2
🔍 Filtered to 2-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| 28, HOLY ROOD COURT, TS4 2QZ | Flat | 2 | £92,000 | £131 | 23/01/26 | 0.82 mi |
| 17, CHEVIOT HOUSE, LOTHIAN ROAD, TS4 2QX | Flat | 2 | £45,000 | £69 | 31/07/25 | 0.39 mi |
| FLAT 12, LYTTON HOUSE, LYTTON STREET, TS4 2BP | Flat | 2 | £37,000 | £56 | 25/02/25 | 0.23 mi |
| 14, MARY JAQUES COURT, TS4 2QY | Flat | 2 | £97,000 | £129 | 21/06/24 | 0.81 mi |
■ Above subject ■ Below subject
Based on 4 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
ⓘ Bedroom counts are not available from Land Registry records. Comparables are matched by postcode sector and property type only.
📈 Rental Yield & ROI Forecast
Compound-growth projection: 2.5% annual rent growth + 3% capital growth. IO mortgage throughout. For illustration only.
| Year | Est. Rent/yr | Est. Value | Net Income/yr | Cum. Cashflow | Total Return | ROI on Cash Invested |
|---|---|---|---|---|---|---|
| Yr 1 | £7,799 | £61,795 | £5,171 | £2,921 | £4,721 | 21.4% |
| Yr 3 | £8,194 | £65,558 | £5,455 | £9,187 | £14,750 | 66.7% |
| Yr 5 | £8,609 | £69,551 | £5,753 | £16,043 | £25,599 | 115.8% |
| Yr 10 | £9,740 | £80,628 | £6,568 | £35,965 | £56,598 | 256.1% |
| Yr 15 | £11,020 | £93,470 | £7,490 | £60,275 | £93,750 | 424.2% |
| Yr 20 | £12,468 | £108,358 | £8,532 | £89,551 | £137,913 | 624.1% |
| Yr 25 | £14,107 | £125,616 | £9,712 | £124,444 | £190,065 | 860.1% |
| Yr 30 | £15,961 | £145,624 | £11,047 | £165,693 | £251,321 | 1137.3% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
Planning Applications Nearby (within 0.5 miles)
🌎 Area Profile — TS4 2 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £552 | 11.1% | 6.4% | £78 | 1.3% |
| Conservative | £604 | 12.1% | 7.7% | £180 | 10.1% |
| Base | £650 | 13.0% | 8.6% | £243 | 13.8% |
| Optimistic | £702 | 14.0% | 9.6% | £314 | 18.2% |
| Bull | £767 | 15.3% | 10.9% | £396 | 23.7% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●13.0% |
| Net Yield | ●8.62% |
| Net Annual Income | £5,171 |
| Deductions: void 8% (−£624) · mgmt 10% (−£780) · maint 10% (−£780) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £187 |
| Monthly Cashflow (IO) | ●£244 |
| Cash-on-Cash Return | ●13.22% |
| 5-Year IRR | ●13.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,000 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,000 |
| Section 24 Extra Tax/yr (higher rate) | £450 |
| SPV Annual Saving | £1,316 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £69,551 |
| Less: Purchase Price | −£59,995 |
| Less: Buying Costs (SDLT + legal) | −£5,600 |
| Less: Selling Costs (est. 2.5%) | −£1,739 |
| = CGT Net Gain (5yr) | £2,217 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £552 | 11.1% | 6.4% | £78 | 1.3% |
| Conservative | £604 | 12.1% | 7.7% | £180 | 10.1% |
| Base | £650 | 13.0% | 8.6% | £243 | 13.8% |
| Optimistic | £702 | 14.0% | 9.6% | £314 | 18.2% |
| Bull | £767 | 15.3% | 10.9% | £396 | 23.7% |