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4 Bed Detached House For Sale Torver Mount, Middlesbrough, TS7

£220,000- Detached

Yield: 6%
1 of 15
Yield: 6%
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  • Rental Guide: £880 - £1,100
  • 4 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Four Bedroom Detached House
  • No Forward Chain
  • Well Presented Throughout
  • 18ft Plus Living Room With Views Over The Private Rear Garden
  • Fitted Kitchen & Separate Dining Room
  • Ground Floor Cloakroom/wc
  • Four Generous Size Bedrooms & Modern Family Bathroom
  • Driveway To Single Garage
  • Popular Location In Nunthorpe
  • Early Viewing Advised To Avoid Disappointment
Last Updated: 10th April 2021

Description

Michael Poole Estate Agents welcome to the market this four bedroom detached house offered for sale with no forward chain and featuring well-presented accommodation throughout. The property occupies a generous plot with a front garden, driveway to a single garage and a spacious relatively private rear garden. Internally the accommodation briefly comprises an entrance hall, spacious living room enjoying views over the garden, kitchen, dining room and cloakroom/WC. To the first floor there are four bedrooms and a modern family bathroom. Early viewing is advised.
Agent Details
Michael Poole
95, Guisborough Road, Middlesbrough, TS7 0JS
Show Contact Number
01642 955 625
**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 fully classified.
5.5

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.
1

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:
£6,600
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.3

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:

Calculators

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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.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
4 Bedroom properties in “TS7” are mostly listed between £880 - £1,100. 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