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Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN - Image 1
Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN - Image 2
Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN - Image 3
Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN - Image 4
Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN - Image 5
Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN - Image 6
Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN - Image 7
Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN - Image 8
Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN - Image 9
Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN - Image 10
Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN - Image 11

Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN

North East

£88,000
Listed on 26/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
931 sqft

Description

This semi-detached property is an ideal opportunity for those looking to invest in a home that requires modernization. Situated on a spacious plot, it offers a blank canvas to create a desirable family residence or enhance your rental portfolio. The interior is generously proportioned with an entrance hallway leading to a bay-fronted dual aspect lounge and a sizable dining kitchen that opens into the garden, perfect for entertaining or family gatherings. On the first floor, you'll find three bedrooms along with a family bathroom, all of which could benefit from updating to meet contemporary standards. Outside, the driveway provides off-street parking and leads to a garage, while the expansive gardens offer significant potential for landscaping or further development (subject to planning permission). With no onward chain, this property presents an enticing project for buyers keen to add value through renovations. Contact us today to schedule your viewing and explore the possibilities.

Investment Analysis

(TS20 area)

Below Market Value

This property is priced -43.7% below area average per sq ft

-43.7%
Potential saving
This Property
£95/sq ft
Area Average
£168/sq ft
Avg Rent (weekly)
£154
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£172,049
10% above area average per sq ft
Potential ROI
+45.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (TS20)

Area prices are rising by +8.2% over the last 12 months
3 year growth: -0.6%
5 year growth: 8.5%
Investment Disclaimer: Analysis based on TS20 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

Grove Terrace, Norton, Stockton-on-Tees, Durham, TS20 2HN
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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
£322
Based on a loan of £66,000 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