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Outram Street, Middlesbrough, North Yorkshire, TS1

North East

£40,000
Listed on 10/07/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced house presents a compelling opportunity for renovation enthusiasts and investors seeking a project in a well-established residential area of central Middlesbrough. The property is being sold with no onward chain, making it easier for buyers to start their transformation journey. Upon entering, you'll find two generously sized double bedrooms that offer the potential for customization. The layout includes two reception rooms, providing various options for open-plan living or distinct spaces depending on your vision. The existing kitchen, while functional, could benefit from reconfiguration to maximize space and modernize its appeal. Additionally, there is a downstairs bathroom that could be updated to enhance the overall utility of the home. The outdoor area features a rear yard with gated access, offering opportunities for landscaping or creating a private outdoor retreat. The property also includes double glazing and gas central heating—though their condition has not been verified—allowing for immediate comfort while renovations take place. This property requires comprehensive modernization throughout, allowing new owners to create a bespoke living environment that meets contemporary standards. It holds significant investment potential whether you're considering refurbishment for resale, rental purposes, or crafting your ideal starter home. Located within proximity to local shops, schools, and convenient transport links—including easy access to Middlesbrough town centre and Teesside University—this property benefits from a vibrant community atmosphere. Whether you are an investor looking to buy-to-let or an individual eager to undertake a renovation project, this house offers numerous possibilities waiting to be explored.

Investment Analysis

(TS1 area)
Area Average
£91/sq ft
Avg Rent (weekly)
£134
Avg Yield
8.7%

Renovation Potential

Est. Renovation Cost
£4,000 - £10,000
10-25% of property value
Monthly Sales
15
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (TS1)

Area prices are falling by +2.1% over the last 12 months
3 year growth: 7.4%
5 year growth: 33.2%
Investment Disclaimer: Analysis based on TS1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Outram Street, Middlesbrough, North Yorkshire, TS1
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