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Errington Street, TS12

North East

£84,500
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom end-terraced property boasts significant internal space, presenting a unique opportunity for both residential and commercial ventures. Its prominent corner location at the entrance of the 'Brickyard' estate enhances visibility, making it ideal for business purposes with living quarters conveniently located to the rear and on the upper floor. Owned by a single family for an extended period, the home features a classic layout that is now in need of modernisation, offering considerable potential for transformation into a spacious family residence or an attractive business setup. The property includes essential amenities such as gas central heating and uPVC double glazing throughout. The ground floor comprises a welcoming entrance vestibule leading into a large reception room that connects seamlessly to a retail area equipped with a new entrance door and security shutters. Additionally, there is a workshop/utility space alongside a bright dining kitchen fitted with essential appliances and ample storage units. A downstairs WC adds convenience to this level. Upstairs, you will find three generously sized bedrooms, including two substantial doubles, complemented by a family living area and an expansive four-piece bathroom suite. Outside, the courtyard offers additional storage options through brick-built outhouses. This property is competitively priced and viewing is highly recommended for those interested in seizing a renovation project that holds great promise for future investment.

Investment Analysis

(TS12 area)
Area Average
£195/sq ft
Avg Rent (weekly)
£173
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (TS12)

Area prices are falling by +4.5% over the last 12 months
3 year growth: 5.7%
5 year growth: 29.7%
Investment Disclaimer: Analysis based on TS12 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

Errington Street, TS12
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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
£310
Based on a loan of £63,375 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