Halidon Way, Billingham
End of Terrace · 3 bed
Supports major UK property portals
Suggested Offer Range
Close to comparable sales mean. Standard 3–10% negotiation range.
Property Details
- Asking Price
- £95,000
- Property Type
- End of Terrace
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 904 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Motivated Seller Analysis
Standard — 1/10Behavioural signals: 67 days on market
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £296 |
| ICR (actual) | 2.66x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £95,000 |
| Deposit (25% — 75% LTV) | £23,750 |
| SDLT (additional property, 5% surcharge) | £4,750 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £31,499 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £95,000 | Loan (75% LTV) | £71,250 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £327 |
| Rent needed (1.5×) | £490/mo | Estimated rent | £788/mo |
| Stress ratio | 2.41× (need ≥ 1.5×) +£298 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 | £1,846 |
| SA net/mo | £1,474 |
| BTL est./mo | £788 |
| SA vs BTL uplift | +£1,058/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £102,305 | +£7,305 | £26,987 | +£3,237 (3.4%) |
| 5 years | £107,484 | +£12,484 | £30,845 | +£7,095 (7.5%) |
| 7 years | £112,925 | +£17,925 | £34,899 | +£11,149 (11.7%) |
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 TS23 3
🔍 Filtered to 3-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| 18, TUNSTALL AVENUE, TS23 3SP | Terraced | 3 | £190,000 | £178 | 06/03/26 | 0.41 mi |
| 71, FLODDEN WAY, TS23 3LQ | Terraced | 3 | £68,000 | £75 | 20/02/26 | 0.34 mi |
| 56, NEASHAM AVENUE, TS23 3QY | Terraced | 3 | £75,000 | £82 | 23/01/26 | 0.17 mi |
| 10, SEDGEMOOR WAY, TS23 3PQ | Terraced | 3 | £87,000 | £87 | 09/01/26 | 0.21 mi |
| 30, EDGEHILL WAY, TS23 3LE | Terraced | 3 | £85,000 | £90 | 18/12/25 | 0.24 mi |
| 31, GILSIDE ROAD, TS23 3JB | Terraced | 3 | £105,000 | £116 | 17/12/25 | 0.42 mi |
| 69, HASTINGS WAY, TS23 3ED | Terraced | 3 | £84,000 | £92 | 05/12/25 | 0.27 mi |
■ Above subject ■ Below subject
Based on 7 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 | £9,452 | £97,850 | £6,361 | £2,798 | £5,648 | 17.3% |
| Yr 3 | £9,931 | £103,809 | £6,705 | £8,910 | £17,719 | 54.4% |
| Yr 5 | £10,434 | £110,131 | £7,067 | £15,736 | £30,867 | 94.7% |
| Yr 10 | £11,805 | £127,672 | £8,055 | £36,173 | £68,845 | 211.2% |
| Yr 15 | £13,356 | £148,007 | £9,171 | £61,929 | £114,936 | 352.6% |
| Yr 20 | £15,111 | £171,581 | £10,435 | £93,702 | £170,282 | 522.3% |
| Yr 25 | £17,097 | £198,909 | £11,865 | £132,283 | £236,192 | 724.5% |
| Yr 30 | £19,344 | £230,590 | £13,482 | £178,568 | £314,158 | 963.7% |
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 — TS23 3 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £670 | 8.5% | 5.0% | £12 | -3.6% |
| Conservative | £733 | 9.3% | 6.0% | £149 | 6.1% |
| Base | £788 | 10.0% | 6.7% | £233 | 10.3% |
| Optimistic | £851 | 10.7% | 7.5% | £325 | 15.1% |
| Bull | £930 | 11.7% | 8.5% | £432 | 21.2% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.95% |
| Net Yield | ●6.7% |
| Net Annual Income | £6,363 |
| Deductions: void 8% (−£756) · mgmt 10% (−£945) · maint 10% (−£945) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £296 |
| Monthly Cashflow (IO) | ●£234 |
| Cash-on-Cash Return | ●8.59% |
| 5-Year IRR | ●10.3% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £4,750 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £4,750 |
| Section 24 Extra Tax/yr (higher rate) | £712 |
| SPV Annual Saving | £1,613 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £110,131 |
| Less: Purchase Price | −£95,000 |
| Less: Buying Costs (SDLT + legal) | −£7,350 |
| Less: Selling Costs (est. 2.5%) | −£2,753 |
| = CGT Net Gain (5yr) | £5,028 |
| CGT at 24% | £487 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £670 | 8.5% | 5.0% | £12 | -3.6% |
| Conservative | £733 | 9.3% | 6.0% | £149 | 6.1% |
| Base | £788 | 10.0% | 6.7% | £233 | 10.3% |
| Optimistic | £851 | 10.7% | 7.5% | £325 | 15.1% |
| Bull | £930 | 11.7% | 8.5% | £432 | 21.2% |