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Durham Road, Redcar

North East

£80,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
785 sqft

Description

This traditional semi-detached home, located in the desirable area of Redcar East, presents a promising opportunity for renovation and investment. Featuring three spacious bedrooms and characterful bay windows, the property has retained many of its period features, offering a solid foundation for modernization. The interior requires updating but holds significant potential for those looking to create a contemporary living space tailored to their tastes. With ample room for improvement, prospective buyers can explore options for reconfiguring layouts or enhancing existing features, making it an ideal project for investors or first-time buyers willing to put in some work. Situated within walking distance to local amenities, this home is conveniently positioned near beautiful beaches and well-regarded schools, which enhances its appeal for families and renters alike. Excellent transport links further add to the convenience of the location, ensuring easy access to nearby towns and cities. Additional considerations include mains gas central heating, sewerage services, and a reliable broadband connection. The property benefits from no known flooding risks and poses no current legal obligations or rights of way issues. Overall, this residence not only invites personal touches and updates but also represents a strategic investment in an area with strong growth potential. Viewing is highly recommended for those interested in tapping into its possibilities.

Investment Analysis

(TS10 area)

Below Market Value

This property is priced -38.1% below area average per sq ft

-38.1%
Potential saving
This Property
£102/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£157
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£142,262
10% above area average per sq ft
Potential ROI
+18.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (TS10)

Area prices are rising by +9.3% over the last 12 months
3 year growth: 8.0%
5 year growth: 29.9%
Investment Disclaimer: Analysis based on TS10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Durham Road, Redcar
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