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Preen Drive, Acklam

North East

£100,000
Listed on 29/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Available for auction, this three-bedroom semi-detached house presents a blank canvas for buyers looking to invest in a property ripe for modernisation. With the potential to create a stylish family home, the residence features off-street parking suitable for several vehicles and benefits from gas central heating via a combi boiler. Additionally, there’s a practical utility room that can enhance functionality. This freehold property is chain-free, making it an appealing option for both investors and first-time buyers eager to put their own stamp on a home in the North East.

Investment Analysis

(TS5 area)
Area Average
£166/sq ft
Avg Rent (weekly)
£180
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (TS5)

Area prices are rising by +8.0% over the last 12 months
3 year growth: 6.3%
5 year growth: 18.3%
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.

Location

Preen Drive, Acklam
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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
£366
Based on a loan of £75,000 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