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Wolviston Road, Billingham

North East

£105,000
Listed on 15/08/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached bungalow offers a solid foundation for those looking to invest in a property with significant renovation potential. Set back from Wolviston Road, the location provides a blend of privacy and accessibility, making it convenient for commuting and access to local amenities. The home features practical single-level living, ideal for those seeking ease of maintenance. Inside, you’ll find a welcoming entrance hall leading to a bright lounge with a charming bay window and a separate dining room that connects to the kitchen. The kitchen is equipped with matching wall and base units, offering ample storage and workspace. The two spacious double bedrooms provide comfortable living quarters, as well as a wet room that includes a W/C. While the property currently requires some updating, this presents an excellent opportunity for buyers to enhance its appeal according to their personal preferences. With thoughtful renovations, there’s potential not only to improve the home's aesthetic but also to increase its market value significantly. Outside, the private patio garden allows for low-maintenance outdoor living and is accompanied by a detached garage, providing valuable storage or secure parking options. The front garden has been designed for easy upkeep, adding practical charm to the property's curb appeal. The bungalow's location further enhances its investment attractiveness. It is conveniently situated near main transport links and local shops, ensuring that everyday facilities are easily accessible. This property not only represents a chance to create a personalized space but also stands as an appealing opportunity in a sought-after neighborhood.

Investment Analysis

(TS23 area)
Area Average
£150/sq ft
Avg Rent (weekly)
£173
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (TS23)

Area prices are rising by +7.6% over the last 12 months
3 year growth: 9.2%
5 year growth: 23.9%
Investment Disclaimer: Analysis based on TS23 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.

Location

Wolviston Road, Billingham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£385
Based on a loan of £78,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE