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3 Bed Semi-Detached House For Sale Pannell Avenue, Middlesbrough, TS5

£115,000- Semi-detached

Yield: 6.26%
1 of 15
Yield: 6.26%
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  • Rental Guide: £480 - £600
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • An Extended Semi Detached House With Three/four Bedroom & Two Bath/shower Rooms
  • Positioned On A Corner Plot With Front, Southerly Facing Side & Westerly Facing Rear Gardens
  • Front Lounge & L' Shaped Open Plan Kitchen/diner With Pine Style Units
  • Ground Floor Granny/teenagers Annex With Super-smart Shower Room En-suite
  • Secure Parking For A Couple Of Cars At The Rear
  • Upvc Double Glazed Windows & Exterior Doors
  • Central Heating With A Combi Boiler (installed 2020)
  • Book Your Viewing: Call Us 9am – 8pm Monday To Friday, 9:30am – 5pm Saturday Or Sunday 10am – 4pm
Last Updated: 14th April 2021

Description

A brilliant family size home with a great layout, this extended semi-detached house is nicely positioned on a corner plot facing onto Acklam Road and has the advantage of private front, southerly facing side and a westerly facing rear garden.

It also has the advantage of parking for a couple of cars at the rear, UPVC double glazed windows and exterior doors and central heating with a combi boiler (installed 2020).

Location wise, it has such a lot going for it. You're within close walking distance of good schooling, shops and the A19 dual carriageway is a few minutes away by car.

Comprising briefly entrance porch, entrance hall, front lounge, open plan L' shaped kitchen/diner, rear lobby and ground floor bedroom/teenagers' room with a super smart modern shower room en-suite. The first floor has three bedrooms and bathroom with a modern white suite.

GROUND FLOOR

Entrance Porch    UPVC entrance door with double glazed insert and connecting door into …………

Entrance Hall    With staircase to the first floor and radiator.

Lounge 14'11" x 12'5" (4.55m x 3.78m). Under stairs storage cupboard, radiator, front facing UPVC double glazed round bay window and connecting door into …………..

Open Plan L' Shaped Kitchen Diner 13'8" (4.17m) x 8'9" (2.67m) in the Kitchen Area Plus 7'4" (2.24m) x 9'8" (2.95m) in the Dining Area. 13'8 x 8'9 in the Kitchen Area Plus 7'4 x 9'8 in the Dining Area
Range of pine style wall, drawer and floor cupboards with roll top work surfaces and a single drainer stainless steel sink unit with mixer taps. Space for washing machine, cooker, fridge freezer and dishwasher. Tiled floor in the kitchen area and carpet in the dining area. Radiator.

Rear Lobby    UPVC exterior door with double glazed insert and tiled floor.

Ground Floor Bedroom/Teenagers/Granny Annex 12' x 8'6" (3.66m x 2.6m). UPVC exterior door with double glazed insert opens onto the side garden, radiator and connecting door into …………

Shower Room En-Suite    Re-fitted in 2021 with a super smart modern white suite comprising walk-in shower with Mira Sport electric shower unit, wash hand basin and dual flush close couple WC. Modern light grey tiled splashback and part waterproof panelled walls, extractor fan chrome towel radiator and rear facing rooflight window.

FIRST FLOOR

Landing    Access to the loft space with pull down ladder and light.

Bedroom One 12'4" (3.76m) x 9'6" (2.9m) into depth of fitted wardrobes. into depth of fitted wardrobes
Fitted wardrobes to two walls and radiator.

Bedroom Two 9'6" x 7'4" (2.9m x 2.24m). With radiator.

Bedroom Three 9'3" x 8'3" (max) (2.82m x 2.51m (max)). (max)
With radiator.

Bathroom    Modern white three-piece suite comprising shower bath with thermostat mixer shower, oversize showerhead and side screen, vanity wash hand basin with cabinet below and dual flush close couple WC. Co-ordinated part tiled walls and tiled floor, chrome towel radiator, chrome spotlights and built-in cupboard housing an Ideal gas fired combination boiler (installed 2020).

EXTERNALLY

Gardens & Parking    The property sits on a larger than normal corner plot and has the advantage of a private front garden, south facing side garden and westerly facing rear garden with patio, lawn and handy brick garden store. A well-kept mature conifer hedge gives the gardens a high degree or privacy. Double gates at the rear of the property open onto some useful secure off street car parking space.

AGENTS REF:    IM/LS/MID200573/09042021

Book Your Viewing    Call us 9am – 8pm Monday to Friday, 9:30am – 5pm Saturday or Sunday 10am – 4pm
Agent Details
Michael Poole
64-66, Borough Road, Middlesbrough, TS1 2JH
Show Contact Number
01642 254 222
**This report is currently a Beta Test Version. Do not rely on the information provided below.

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
5.8

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
2

Interest Rates

Bank of England Base Rate:
0.1%
Current all-time record low interest rates are making monthly mortgage payments more affordable so more people will buy houses, which will lead to house prices increasing.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages, will lead to steady house price growth.
5

Fiscal Policy

First Home Stamp Duty:
£0
Buy To Let or Second Home:
£3,450
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
6

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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Rental Data
3 Bedroom properties in “TS5” are mostly listed between £480 - £600. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested