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Kirknewton Road, Normanby - Image 1
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Kirknewton Road, Normanby

North East

£140,000
Listed on 08/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
975 sqft

Description

This semi-detached three-bedroom home is situated on a quiet, residential street, offering a promising opportunity for those looking to invest in a property with renovation potential. The absence of an onward chain simplifies the purchasing process, making it particularly suitable for families eager to establish themselves in a well-located neighborhood. Internally, the house features a classic layout that includes a spacious living room, a separate dining area, and a kitchen that opens up to the generous rear garden. While the property requires modernization throughout, this presents an exciting chance for buyers to tailor the space according to their personal style and needs. Potential enhancements could include creating an open-plan living space or updating the kitchen and bathrooms. Additionally, prospective owners might explore options for extensions (subject to planning permission), allowing for further customization and value enhancement. The location is advantageous, positioned near local amenities, reputable schools, and public transport links—ideal for family life. The sizeable front and back gardens provide ample outdoor space for children to play or for social gatherings. With solid structural integrity and a favorable setting, this home offers various avenues for improvement and investment potential in today’s market.

Investment Analysis

(TS6 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£144/sq ft
Area Average
£153/sq ft
Avg Rent (weekly)
£146
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£163,556
10% above area average per sq ft
Potential ROI
-9.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TS6)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 11.5%
5 year growth: 30.3%
Investment Disclaimer: Analysis based on TS6 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

Kirknewton Road, Normanby
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