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Burlam Road, Middlesbrough

North East

£85,000
Listed on 01/11/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1303 sqft

Description

This four-bedroom mid-terrace property on Burlam Road offers a substantial canvas for renovation and investment. With its two-level layout, the home features an entrance hallway leading into a spacious reception area and a kitchen positioned at the rear, providing ample scope for creative redesign. The second floor hosts four generously sized bedrooms along with a family bathroom, making it well-suited for both families and potential rental opportunities. The property also includes a small front garden and a private rear yard, accessible via a back lane, enhancing versatility in outdoor use. While the home currently requires comprehensive modernization, its solid structure presents an excellent opportunity to enhance value through thoughtful refurbishment. Situated in a desirable area close to essential amenities such as shops, schools, and public transportation links into Middlesbrough town center, this property holds significant potential for those looking to invest or create a personalized living space.

Investment Analysis

(TS5 area)

Below Market Value

This property is priced -60.7% below area average per sq ft

-60.7%
Potential saving
This Property
£65/sq ft
Area Average
£166/sq ft
Avg Rent (weekly)
£181
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£237,784
10% above area average per sq ft
Potential ROI
+35.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TS5)

Area prices are rising by +5.6% over the last 12 months
3 year growth: 5.0%
5 year growth: 17.5%
Investment Disclaimer: Analysis based on TS5 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

Burlam Road, Middlesbrough
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