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Forest Lane, Kirklevington

North East

£300,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1249 sqft

Description

This spacious detached bungalow is situated on a generous corner plot, offering ample outdoor space and a variety of renovation possibilities. Located just south of Yarm and within easy reach of Stockton on Tees, the property enjoys the benefits of a quiet village setting in Kirkelvington while still being close to local amenities and quick access to the A19. Upon entering, you are greeted by a welcoming hall that leads to a 21-foot living room, which flows seamlessly into the formal dining area. The kitchen features base and wall units along with a pantry and offers access to a rear porch—an ideal spot for enjoying morning coffee or an alternative entry point after gardening. The home includes three well-sized bedrooms, two of which come with built-in storage, plus a shower room. The exterior boasts gardens on three sides, primarily comprising lush lawn areas complemented by mature shrubs, providing both privacy and potential for landscaping improvements. There’s also a greenhouse and a garage for additional storage or workshop space. With a driveway that allows for substantial off-road parking, this property is equipped for convenience. This bungalow represents an exciting opportunity for those looking to invest in real estate. With some updating and renovation work, there is significant potential to enhance its value or create personal living spaces tailored to modern needs. Given its size, layout, and location, this property could be transformed into a desirable home or investment opportunity in this sought-after area.

Investment Analysis

(TS15 area)

Below Market Value

This property is priced -7.3% below area average per sq ft

-7.3%
Potential saving
This Property
£240/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£356,046
10% above area average per sq ft
Potential ROI
+7.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TS15)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 3.9%
5 year growth: 17.6%
Investment Disclaimer: Analysis based on TS15 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

Forest Lane, Kirklevington
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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
£1,099
Based on a loan of £225,000 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