Worst House on the Street Logo
Starbeck Way, Ormesby - Image 1
Starbeck Way, Ormesby - Image 2
Starbeck Way, Ormesby - Image 3
Starbeck Way, Ormesby - Image 4
Starbeck Way, Ormesby - Image 5
Starbeck Way, Ormesby - Image 6
Starbeck Way, Ormesby - Image 7
Starbeck Way, Ormesby - Image 8
Starbeck Way, Ormesby - Image 9
Starbeck Way, Ormesby - Image 10

Starbeck Way, Ormesby

North East

£70,000
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This property presents a valuable opportunity for first-time buyers, young couples, and investors aiming for a renovation project. It's currently in need of comprehensive updating, making it an ideal blank canvas for those looking to apply their personal touch or enhance its investment potential. Although the solar panels are not owned outright, they could still provide some energy cost benefits. The layout includes an entrance hall that leads to a WC, a lounge/dining room, and a kitchen that features basic amenities yet requires modernisation. Upstairs, the property boasts three bedrooms and a bathroom that offers additional scope for improvement. Externally, there's a small front garden and a rear garden with gated access, providing outdoor space to develop further. Given its freehold tenure and Council Tax Band A status, this property is well-positioned for those seeking to create value through refurbishment.

Investment Analysis

(TS7 area)
Area Average
£209/sq ft
Avg Rent (weekly)
£174
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TS7)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -6.8%
5 year growth: 5.1%
Investment Disclaimer: Analysis based on TS7 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

Starbeck Way, Ormesby
Loading map...

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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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