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Braid Crescent, Billingham

North East

£60,000
Listed on 27/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
926 sqft

Description

This semi-detached property presents a promising opportunity for both investors and first-time buyers. Located conveniently close to local schools and within walking distance of Billingham town center, the home is surrounded by amenities that enhance its appeal. The residence features a spacious layout, beginning with an entrance hallway leading into a sizeable lounge equipped with a feature fireplace and ample natural light from the front-facing windows. The dining area provides a comfortable space for family gatherings, while the kitchen offers potential for modern upgrades with its current configuration of base and wall units. A rear door grants access to the garden, encouraging outdoor use. Upstairs, you will find two generously sized bedrooms alongside a smaller third bedroom—ideal for conversion into an office or nursery. Each room is fitted with UPVC double-glazed windows and radiators, ensuring warmth throughout the seasons. The bathroom, while functional, allows for further investment through contemporary updates to create a more inviting space. Externally, the property boasts front and rear gardens that provide opportunities for landscaping or gardening enthusiasts. A concrete driveway facilitates off-street parking and leads to a brick outhouse, which could serve various purposes such as storage or potential workspace. With no onward chain complicating matters, this property is ripe for refurbishment and presents significant investment potential in an area that benefits from its proximity to essential services and recreational facilities. Whether you are looking to put your personal touch on your first home or seeking an investment project with growth potential, this property warrants consideration.

Investment Analysis

(TS23 area)

Below Market Value

This property is priced -54.9% below area average per sq ft

-54.9%
Potential saving
This Property
£65/sq ft
Area Average
£144/sq ft
Avg Rent (weekly)
£173
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£146,220
10% above area average per sq ft
Potential ROI
+72.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (TS23)

Area prices are rising by +11.7% over the last 12 months
3 year growth: 12.7%
5 year growth: 28.6%
Investment Disclaimer: Analysis based on TS23 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.

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Location

Braid Crescent, Billingham
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