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Yeoman Street, Skelton-in-Cleveland, Saltburn-by-the-Sea - Image 1
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Yeoman Street, Skelton-in-Cleveland, Saltburn-by-the-Sea - Image 3
Yeoman Street, Skelton-in-Cleveland, Saltburn-by-the-Sea - Image 4
Yeoman Street, Skelton-in-Cleveland, Saltburn-by-the-Sea - Image 5
Yeoman Street, Skelton-in-Cleveland, Saltburn-by-the-Sea - Image 6
Yeoman Street, Skelton-in-Cleveland, Saltburn-by-the-Sea - Image 7

Yeoman Street, Skelton-in-Cleveland, Saltburn-by-the-Sea

North East

£50,000
Listed on 21/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
667 sqft

Description

This two-bedroom terraced house presents an appealing opportunity for refurbishment in Yeoman Street, showcasing a blend of classic charm and modern potential. The property is spacious and filled with natural light, making it an ideal canvas for transformation. With some thoughtful renovations, this could evolve into a lovely family residence or a lucrative rental property that may yield an attractive return on investment. The local market indicates that after refurbishment, you might achieve yields around 14%. Positioned conveniently near Saltburn Beach, this home is just a short drive from essential amenities and leisure options. The vibrant town centre and its offerings are easily accessible, while transport links, including bus services and Saltburn Train Station, ensure effortless connectivity to Middlesbrough and beyond. The interior features a bright living room highlighted by a traditional fireplace, which can be enhanced to create a warm atmosphere. The kitchen provides ample storage with the potential for modernization. Upstairs are two bedrooms—one double and one single—ideal for accommodation needs. The bathroom includes essential fixtures but may benefit from updates to enhance functionality. Outside, you will find a private rear yard with storage space that can be utilized effectively. With no onward chain complicating the purchase process, this property offers the chance for a swift transaction. Be sure to consider its renovation potential within the context of local demand before proceeding.

Investment Analysis

(TS12 area)

Below Market Value

This property is priced -61.6% below area average per sq ft

-61.6%
Potential saving
This Property
£75/sq ft
Area Average
£195/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£143,402
10% above area average per sq ft
Potential ROI
+91.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (TS12)

Area prices are falling by +9.0% over the last 12 months
3 year growth: 3.1%
5 year growth: 33.2%
Investment Disclaimer: Analysis based on TS12 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.

Location

Yeoman Street, Skelton-in-Cleveland, Saltburn-by-the-Sea
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£183
Based on a loan of £37,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE