3, Osborne Road, STOCKTON-ON-TEES, Cleveland, TS18 4DJ

Description

Freehold two floor end terrace house requiring modernisation. Full vacant possession.

Accommodation

First floor: Three bedrooms, bathroom/WC. Ground floor: Reception room, kitchen/diner, conservatory, hallway, cloakroom/WC. Outside: Front yard, rear garden and garage. Gross Internal Area GIA: Approximately 121 sq m (1,302 sq ft).

Location

The property is situated on Osborne Road between its junctions with Oxbridge Lane and Buckingham Road. Public transport links include Stockton Railway Station together with a network of local bus services serving the surrounding vicinity. Road links include the A19 and A66. Shopping amenities can be found locally within Stockton Town Centre, with an extensive range of shops, bars and restaurants being found in Middlesbrough Town Centre. Recreational pursuits can be found locally at the open spaces of Ropner Park.

Tenure / Property Information

Investment Analysis

The strongest evidence is the subject property’s reported sale at £95,000 on 31 July 2026. Other Osborne Road freehold terraced sales range from £65,000 to £126,205, indicating material variation that cannot be explained from the supplied evidence. A base GDV of £95,000 is therefore used, with low and high scenarios reflecting the observed road evidence rather than a formal valuation. The property requires modernisation, but no quantified scope or condition detail is supplied.

Investment Snapshot

Strategy Recommendation

Do not bid on the supplied evidence alone. Obtain a full inspection, refurbishment quotation, legal special conditions and rental appraisal before considering a refurbishment-led resale or letting strategy.

Works Required

Modernisation of the house as required, based on the auction description. The evidence does not specify individual defects, room finishes, services, kitchen, bathroom, heating or external works, so no detailed scope or cost can be established.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £95,000 base GDV, a 75% refinance indication is £71,250. Total project cost cannot be calculated because refurbishment costs and any applicable seller charges are unknown; only the £1,800 inclusive buyer documentation fee is stated. Cash left in and equity cannot therefore be reliably assessed.

Buy-to-Let Analysis

BTL appraisal cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Gross yield, operating surplus and debt coverage are therefore unsupported. The property is vacant and would require modernisation before letting.

Flip Analysis

A flip appraisal cannot establish a reliable surplus. The base GDV is £95,000, but refurbishment costs, selling costs and any applicable seller charges are not supplied. The £1,800 buyer documentation fee is known but does not resolve the project-cost uncertainty.

Investor Risks & Due Diligence

• Refurbishment scope and cost are not quantified.

• No sufficiently specific rental evidence is available, so BTL yield cannot be established.

• The comparable sale range is wide, from £65,000 to £126,205.

• Additional seller charges may apply under the Special Conditions of Sale.

• Heating and parking details require confirmation from the auction centre.

• Vacant possession means there is no passing rent or existing tenancy income.

Recommendation

Do not bid on the supplied evidence alone. Obtain a full inspection, refurbishment quotation, legal special conditions and rental appraisal before considering a refurbishment-led resale or letting strategy.

Strategy Rating

Analysis Confidence

There is useful same-road completed-sale evidence and a clear guide price, but no quantified works, rent, detailed condition, selling costs or complete auction-fee information.