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Leven Street, Middlesbrough, North Yorkshire, TS1 - Image 1
Leven Street, Middlesbrough, North Yorkshire, TS1 - Image 2

Leven Street, Middlesbrough, North Yorkshire, TS1

North East

£70,000
Listed on 22/05/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This spacious two-bedroom terraced home is situated on a tranquil residential street in central Middlesbrough, presenting a unique opportunity for renovation or investment. With ample internal space and a flexible layout, this property can be transformed into a three or four-bedroom residence, depending on your vision and any necessary consents. The ground floor features two substantial reception rooms that can easily accommodate a reconfiguration—turning one into an additional bedroom if needed. The fitted kitchen provides direct access to an enclosed rear yard, adding privacy and outdoor space. There is also convenient under-stairs storage and a central hallway that enhances the flow of the living area. Upstairs, you will find two generously sized double bedrooms alongside a family bathroom equipped with a three-piece suite. The spacious first-floor landing offers potential for further alterations or even an extension, enhancing its usability and overall living area. Located just minutes from essential amenities such as local schools, parks, and shops, Leven Street boasts excellent transport links and proximity to Teesside University and Middlesbrough town centre. This community-centric area combines convenience with a peaceful atmosphere—ideal for families looking to settle down or investors seeking rental opportunities. Additionally, the property is offered with freehold tenure and no onward chain, making it an appealing option for those looking for both immediate occupancy and long-term value. Early viewing is recommended to fully appreciate the potential this home has to offer.

Investment Analysis

(TS1 area)
Area Average
£92/sq ft
Avg Rent (weekly)
£129
Avg Yield
8.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (TS1)

Area prices are falling by +2.9% over the last 12 months
3 year growth: 5.5%
5 year growth: 37.4%
Investment Disclaimer: Analysis based on TS1 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

Leven Street, Middlesbrough, North Yorkshire, TS1
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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
£256
Based on a loan of £52,500 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