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Oak Road, TS12

North East

£129,000
Listed on 08/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home presents a unique opportunity for renovation and investment, situated in a sought-after area known for its convenient access to local amenities. The property is offered with immediate vacant possession and no onward chain, making it an appealing prospect for both first-time buyers and seasoned investors. The layout features an entrance hallway leading into a spacious lounge that flows into the dining area, providing a versatile living space. The kitchen, although in need of modernization, includes essential fixtures such as a double base unit and a single drainer sink. Additionally, a Logic combi gas central heating system has been installed, ensuring efficient heating throughout the home with uPVC double glazing complementing the overall structure. Upstairs, you'll find three bedrooms of varying sizes which have potential for personalization or reconfiguration. The bathroom is equipped with a basic three-piece suite but offers an excellent canvas for updates to enhance functionality and aesthetics. Externally, the property benefits from good-sized gardens both at the front and rear. The west-facing front garden captures ample sunlight while the rear garden is enclosed and includes a lawn area alongside a patio—ideal for outdoor expansion or landscaping projects. A side driveway provides parking for several vehicles and leads to a detached garage, adding further appeal to this property's practicality. Located near essential services such as shops, schools, and public transport routes, this home is also within easy reach of picturesque coastal destinations like Saltburn's blue flag beach and nearby villages including Skelton and Staithes. With its competitive pricing reflecting the need for updating, this property represents an exceptional chance to create personalized living spaces or generate rental income through strategic improvements. Viewing is highly recommended to fully appreciate the potential this home has to offer.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Oak Road, TS12
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£473
Based on a loan of £96,750 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