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Henry Street, North Ormesby, Middlesbrough

North East

£48,000
Listed on 29/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom property presents a solid opportunity for those looking to embark on a renovation project or make a strategic investment. Though in need of refurbishment, the layout offers ample space with a lounge, kitchen, and bathroom on the ground floor, complemented by two generously sized double bedrooms upstairs. The ground floor features a welcoming lounge that includes a bay window and access to an enclosed rear yard through a UPVC door. The kitchen is equipped with basic cabinetry and workspace, providing a functional starting point for updates. A downstairs bathroom rounds out the essentials of this level. Upstairs, you'll find two well-proportioned bedrooms that can be easily transformed into comfortable living spaces. The property benefits from on-street parking options at the front and an enclosed yard at the back—perfect for outdoor use or further landscaping. Situated in North Ormesby, this home is located within a community that is becoming increasingly popular among investors due to its proximity to local amenities and reliable transport links, including easy access to the A19. This connectivity makes it appealing not only for residential purposes but also for potential rental opportunities. With its straightforward layout and renovation needs, this property opens up possibilities for customization according to personal taste or market demands. Whether you are seeking to create your ideal home or looking for an investment opportunity with growth potential, this property warrants serious consideration.

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 - £25,000
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

Henry Street, North Ormesby, Middlesbrough
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