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Coniston Road, Middlesbrough, TS6

North East

£60,000
Listed on 08/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
904 sqft

Description

This three-bedroom semi-detached home presents a significant opportunity for renovation, making it an ideal project for investors or first-time buyers looking to create their dream residence. The property is nestled in a well-established residential neighborhood, known for its community feel and convenient access to local amenities. The layout features two reception rooms, providing flexibility for various living arrangements or potential open-plan designs. The spacious kitchen offers a solid foundation for modernization, while the addition of a conservatory can enhance both natural light and living space. Each of the three bedrooms has the potential to be transformed into comfortable retreats. Outside, the property boasts front and rear gardens that can be revitalized to create outdoor living areas. Off-street parking and a detached garage add practicality to the home as well as potential storage solutions or workshop space. Although this home requires extensive refurbishment, it represents a blank canvas with considerable investment potential. Whether your goal is resale, rental income, or flipping for profit, this property offers the chance to significantly increase its value through thoughtful renovations in a sought-after location.

Investment Analysis

(TS6 area)

Below Market Value

This property is priced -53.2% below area average per sq ft

-53.2%
Potential saving
This Property
£66/sq ft
Area Average
£142/sq ft
Avg Rent (weekly)
£148
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£6,000 - £15,000
10-25% of property value
Target Value
£140,956
10% above area average per sq ft
Potential ROI
+87.9%
After renovation
Monthly Sales
19
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (TS6)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 13.9%
5 year growth: 24.4%
Investment Disclaimer: Analysis based on TS6 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

Coniston Road, Middlesbrough, TS6
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