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Skipton Road, Billingham, TS23 - Image 1
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Skipton Road, Billingham, TS23

North East

£140,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
970 sqft

Description

Nestled on a generous plot in a desirable area, this three-bedroom semi-detached residence offers an inviting space with significant potential for enhancement. The property is well-maintained and features modern design elements that create an appealing living environment. Spacious interiors include three sizable double bedrooms and ample living areas, making it suitable for family life or as an investment opportunity. The outdoor space is particularly noteworthy, boasting a large garden, private driveway, and garage. The substantial plot presents possibilities for extension or further development, pending the necessary planning approvals. This home is not only a comfortable dwelling but also an excellent canvas for those looking to add value through renovation or expansion.

Investment Analysis

(TS23 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£144/sq ft
Area Average
£150/sq ft
Avg Rent (weekly)
£173
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£160,530
10% above area average per sq ft
Potential ROI
-5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Skipton Road, Billingham, TS23
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£513
Based on a loan of £105,000 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