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High Street, TS12

North East

£55,000
Listed on 08/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom middle terraced home presents a noteworthy opportunity for renovation and investment in the vibrant village of Lingdale. Located along the main High Street, the property is within easy reach of local amenities, making it ideal for those looking to enter the property market or expand their portfolio. The home is currently in need of comprehensive refurbishment, offering investors and DIY enthusiasts a blank canvas to customize according to their vision. Featuring gas central heating (not tested) and uPVC double glazing, the layout consists of two reception rooms that provide functional living spaces. The ground floor includes a living room that connects to a separate dining area, while a breakfast kitchen with access to the small rear yard rounds out this level. Upstairs, you'll find two generously sized bedrooms and a family bathroom. The first bedroom overlooks the front and has ample space for furnishings, while the second provides distant views of sea and countryside from its rear-facing window. This versatile floor plan allows for various remodeling options that could enhance both livability and value. Externally, the property features a modest rear yard accessible via a back gate, complemented by on-street parking availability. Given its location and potential for significant improvement, this home represents an intriguing investment opportunity for those willing to put in some work. With mains water, gas, and electricity connected (none have been tested), prospective buyers are encouraged to conduct thorough inspections or surveys before proceeding with any decisions. This property not only offers immediate potential but stands as a promising long-term investment in an area with growing appeal.

Investment Analysis

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

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
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

High Street, TS12
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£201
Based on a loan of £41,250 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