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Overdale Road, Middlesbrough, TS3 0BX

North East

£79,995
Listed on 08/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
488 sqft

Description

This semi-detached two-bedroom home offers a blend of character and potential, making it an ideal choice for those looking to invest or create a personalized living space. With its solid structure and spacious garden, this property invites both first-time buyers and seasoned investors to envision its future. Upon entering, you’ll find a generous layout that emphasizes practicality. The living room serves as a welcoming focal point, featuring an original gas fireplace that adds warmth and character to the space. The large windows not only illuminate the room but also provide views of the front garden, enhancing the ambiance. There is ample room for both lounging and dining, allowing for versatile usage whether you're entertaining guests or enjoying quiet evenings at home. The kitchen is functional and compact, with necessary appliances accommodated alongside ample storage options, including wall-mounted cupboards and a larder-style pantry. The fully serviced boiler installed in 2016 ensures reliable heating for years to come. Venturing upstairs reveals two sizable bedrooms, each filled with natural light from their generous windows. The first bedroom easily accommodates a double bed alongside additional furniture, while the second bedroom presents opportunities as a guest room or even a home office—a valuable consideration in today's remote work environment. Both rooms are complemented by traditional radiators that add coziness throughout the year. The family bathroom features practical elements such as separate WC facilities—ideal for busy mornings—along with easy-to-maintain PVC wall paneling and useful storage solutions. Outside, the potential continues with both front and back gardens offering various possibilities. The front garden is well-kept and presents an opportunity for gardening enthusiasts or those seeking low-maintenance options. In contrast, the expansive rear garden is a blank canvas ready for transformation; it could become an inviting play area for children, a relaxation spot during summer BBQs, or even space for a workshop shed. Situated in a community-centered location, this property benefits from proximity to local amenities including shops and parks—all within walking distance. Additionally, its convenience to James Cook University Hospital makes it particularly appealing to healthcare professionals commuting nearby. Excellent public transport links and access to major roads further enhance its desirability. In summary, this property stands out due to its renovation potential while also serving immediate needs — making it suitable for first-time buyers seeking a place to call home or investors looking at promising rental yields in a sought-after area.

Investment Analysis

(TS3 area)

Above Market Value

This property is priced +60.9% above area average per sq ft

+60.9%
This Property
£164/sq ft
Area Average
£102/sq ft
Avg Rent (weekly)
£150
Avg Yield
8.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£54,700
10% above area average per sq ft
Potential ROI
-39.2%
After renovation
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

Overdale Road, Middlesbrough, TS3 0BX
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