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Devonshire Road, Middlesbrough

North East

£160,000
Listed on 22/08/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This 3-bedroom terraced home, situated in the Linthorpe area, presents a promising opportunity for those seeking a renovation project or an investment property. While it currently requires some modernization, the property's spacious layout and versatile living areas offer a solid foundation from which to create a personalized space. The ground floor features three reception rooms that include a lounge with a bay window, ideal for introducing natural light. The sitting room, also with a box bay window, is complemented by a decorative gas fire, providing both character and warmth. An adjoining dining room enhances family living and entertaining options. The kitchen, albeit functional, offers ample potential for updates and reconfiguration to meet contemporary standards. Upstairs, the accommodation comprises three well-sized bedrooms. Each room benefits from built-in storage solutions and comfortable dimensions. A family bathroom serves this level, featuring essential amenities with the potential for modern refurbishment. Externally, the property boasts a private rear garden which includes green space for relaxation and outdoor activities. A small front garden adds to the property's curb appeal while on-street parking is readily available. Located in a desirable neighborhood known for its community feel and convenience to local amenities, schools, and parks, this home stands out as an excellent project for first-time buyers or investors looking to capitalize on its renovation potential. With some thoughtful enhancements and personal touches, this property could transform into a charming residence or lucrative rental opportunity in an increasingly popular area.

Investment Analysis

(TS5 area)
Area Average
£166/sq ft
Avg Rent (weekly)
£180
Avg Yield
5.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (TS5)

Area prices are rising by +8.0% over the last 12 months
3 year growth: 6.3%
5 year growth: 18.3%
Investment Disclaimer: Analysis based on TS5 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

Devonshire Road, Middlesbrough
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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
£586
Based on a loan of £120,000 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