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Hankin Road, Middlesbrough

North East

£70,000
Listed on 29/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace property presents a considerable opportunity for those interested in renovation and investment. Located on a residential street in Middlesbrough, this home holds significant potential for both buy-to-let investors and individuals looking to create their ideal living space through modernization. The interior includes an inviting entrance hallway that leads to a spacious living room and a separate dining area, both of which offer ample natural light. The kitchen is situated at the rear of the property, providing convenient access to the outdoor space. Upstairs, the layout features three well-sized bedrooms along with a shower room, catering to families or prospective tenants alike. On the exterior, the property boasts a private driveway that allows for off-street parking, an attractive feature in urban settings. The enclosed yard at the rear can serve as a private retreat or be transformed into an outdoor entertainment area. While the property requires modernization throughout, it is competitively priced to reflect this need. This aspect not only positions it as a prudent investment but also provides a blank canvas for renovations aimed at increasing value over time. With demand for rental properties in this area remaining strong, this home could yield significant returns for savvy investors willing to undertake some improvements.

Investment Analysis

(TS3 area)
Area Average
£102/sq ft
Avg Rent (weekly)
£150
Avg Yield
8.1%

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
23
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (TS3)

Area prices are rising by +7.8% over the last 12 months
3 year growth: 4.1%
5 year growth: 27.7%
Investment Disclaimer: Analysis based on TS3 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

Hankin Road, Middlesbrough
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