Byelands Street, Middlesbrough, TS4 2HP

Property Overview

Chain-free three-bedroom mid-terrace house on Byelands Street, Middlesbrough, TS4 2HP. The property is offered freehold and is located within walking distance of Teesside University.

Accommodation

Entrance vestibule, hallway, lounge, dining room, kitchen, first-floor landing, three bedrooms, bathroom and a small courtyard with alleyway access.

Location

Ideally located within walking distance of Teesside University.

Tenure & Key Information

• Tenure: Freehold
• EPC: G
• Council Tax: Band A
• Heating: Mains-provided gas and night storage heaters
• Services: The seller advises mains gas, electricity, water and sewerage
• Surface water flooding: Very low risk, as advised
• Occupancy information: Not supplied

Auction & Buyer Charges

• Guide Price: £39,950+
• Auction Date: 30 September 2026
• Buyer premium: Not supplied
• Auction administration charge: £2,000 plus VAT, totalling £2,400
• If the buyer chooses to use a referred North East-based solicitor, the auctioneer receives a referral fee of between £200 plus VAT (£240) and £400 plus VAT (£480) from the solicitor.

Investment Analysis

HB estimate: five same-street completed sales range from £50,000 to £91,000, with a median of £64,500 and average of £64,700. The £91,000 sale is materially above the other evidence, so £64,500 is used as an indicative GDV/value estimate. This is an HB estimate and not a formal valuation.

HB estimated rent range: £709–£1,500 pcm. This is based on advertised asking rents and is not achieved or passing rent. The corresponding HB estimated gross yield range at the £39,950 guide price is approximately 21.3%–45.1%, before costs, voids, management, finance and refurbishment.

No refurbishment scope or buyer premium was supplied, so a reliable maximum bid cannot be calculated. The £2,400 auction administration fee should be allowed for in the acquisition budget.

Sold Comparables

Address	Sold Price	Sold Date	Type	Tenure
56 Byelands Street, Middlesbrough, TS4 2HP	£91,000	9 August 2024	Terraced	Freehold
30 Byelands Street, Middlesbrough, TS4 2HP	£50,000	26 June 2024	Terraced	Freehold
36 Byelands Street, Middlesbrough, TS4 2HP	£50,000	26 September 2023	Terraced	Freehold
58 Byelands Street, Middlesbrough, TS4 2HP	£68,000	4 August 2023	Terraced	Freehold
31 Byelands Street, Middlesbrough, TS4 2HP	£64,500	8 August 2022	Terraced	Freehold

Source: HM Land Registry sold data supplied. The sales range from £50,000 to £91,000; the £91,000 sale may not be directly comparable.

Rental Evidence

• Advertised asking rent: £1,500 pcm for a three-bedroom terraced property on Marton Road, Middlesbrough TS4, sourced from Zoopla.
• Advertised asking rent: £709 pcm for a three-bedroom semi-detached property in Middlesbrough, sourced from Houses for Sale to Rent.

These are advertised asking rents from broader Middlesbrough/TS4 searches, not achieved or passing rents. The auctioneer estimated rent was not supplied.

Strategy & Risks

HB estimate: treat £64,500 as an indicative value benchmark only. Inspect the property and establish refurbishment costs, occupancy, legal position and any buyer premium before bidding. Bid only after setting a refurbishment-backed maximum that also allows for the £2,400 administration fee.

• No occupancy or vacant-possession information supplied.
• No internal condition or refurbishment-cost evidence supplied.
• Rental evidence is geographically broad and comprises advertised asking rents, not achieved rents.
• The £1,500 pcm asking-rent comparable is materially higher than the £709 pcm comparable, creating significant rent uncertainty.
• Buyer premium was not supplied and may affect total acquisition cost.
• Same-street completed sales show a wide £50,000–£91,000 range; the £91,000 sale may not be directly comparable.