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Shakespeare Avenue, Middlesbrough, TS6 - Image 1
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Shakespeare Avenue, Middlesbrough, TS6

North East

£65,000
Listed on 24/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
990 sqft

Description

This generously sized three-bedroom semi-detached house presents an exceptional opportunity for those looking to invest in a property with significant renovation potential. The home features two well-lit reception areas, making it ideal for family living or entertaining. Positioned on an expansive plot of land, there’s ample scope to create a large rear garden, enhancing both outdoor space and value. Additional assets include a modern brick garage and off-street parking options, catering perfectly to growing families needing extra convenience. While the property currently requires extensive refurbishment, it serves as a blank canvas ready for customization. With its attractive attributes and substantial improvement possibilities, this is a unique chance for ambitious buyers and investors seeking value in the North East market.

Investment Analysis

(TS6 area)

Below Market Value

This property is priced -57.4% below area average per sq ft

-57.4%
Potential saving
This Property
£66/sq ft
Area Average
£154/sq ft
Avg Rent (weekly)
£155
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£168,033
10% above area average per sq ft
Potential ROI
+46.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (TS6)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 7.4%
5 year growth: 25.6%
Investment Disclaimer: Analysis based on TS6 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

Shakespeare Avenue, Middlesbrough, TS6
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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
£238
Based on a loan of £48,750 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.

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