Worst House on the Street Logo
Maple Street, Middlesbrough - Image 1
Maple Street, Middlesbrough - Image 2
Maple Street, Middlesbrough - Image 3
Maple Street, Middlesbrough - Image 4
Maple Street, Middlesbrough - Image 5

Maple Street, Middlesbrough

North East

£70,000
Listed on 03/05/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
742 sqft

Description

This two-bedroom end-of-terrace property is situated in a central location in Middlesbrough, just a stone's throw from Teesside University and an array of local amenities. While the home exhibits considerable space and retains several charming period features, it is in need of comprehensive renovation, making it an appealing prospect for those looking to invest or develop. The layout spans multiple levels, providing flexibility that could be harnessed to create additional bedrooms or units, depending on planning approval. This characteristic makes the property particularly suitable for conversion into a student rental or other investment opportunities, given its close proximity to the university campus. Internally, you'll find a welcoming entrance hall leading into two spacious reception areas—ideal for reconfiguration. The kitchen and shower room offer utility as they stand but also present opportunities for modern updates. The bedrooms are well-sized, with one featuring access to the attic room, which could serve various purposes once refurbished. Externally, being an end-of-terrace enhances accessibility with side access that could facilitate any future renovations. With potential for significant value growth through renovation and the right vision, this property stands out as a promising investment opportunity in a prime location.

Investment Analysis

(TS1 area)

Above Market Value

This property is priced +2.1% above area average per sq ft

+2.1%
This Property
£94/sq ft
Area Average
£92/sq ft
Avg Rent (weekly)
£133
Avg Yield
8.7%

Renovation Potential

Est. Renovation Cost
£7,000 - £17,500
10-25% of property value
Target Value
£75,417
10% above area average per sq ft
Potential ROI
-13.8%
After renovation
Monthly Sales
13
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (TS1)

Area prices are falling by +4.4% over the last 12 months
3 year growth: 4.6%
5 year growth: 32.0%
Investment Disclaimer: Analysis based on TS1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Maple Street, Middlesbrough
Map showing location of Maple Street, Middlesbrough
Open Map