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Oak Road, TS12

North East

£129,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home presents a valuable opportunity for renovation enthusiasts or first-time buyers looking to make their mark. While the property boasts a solid structure with gardens at both the front and rear, it requires modernization throughout to reach its full potential. The inclusion of a detached garage and ample side driveway parking enhances its appeal for investment or family living. The home features a recent installation of a Logic combi gas central heating system, ensuring energy efficiency, alongside uPVC double glazing, already providing a good quality base to work from. Internally, the layout comprises an entrance hall leading into a spacious lounge-dining area and a functional kitchen on the ground floor. The first floor offers three bedrooms along with a family bathroom that could benefit from updating. Situated within easy access to local shops, schools, and public transport routes, as well as being moments away from coastal attractions like Saltburn beach and Whitby, this property is ideally positioned for both convenience and lifestyle. Although in need of significant interior updates—which reflects in its pricing—this house can be transformed into a delightful family home or lucrative rental investment. Viewing is highly recommended for those looking to capitalize on this promising project.

Investment Analysis

(TS12 area)
Area Average
£202/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.6%

Renovation Potential

Medium 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
20
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (TS12)

Area prices are falling by -6.0% over the last 12 months
3 year growth: +5.3%
5 year growth: +33.4%
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

Oak Road, TS12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£465
Based on a loan of £96,750 over 30 years at 4.06% 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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