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Meredith Avenue, Middlesbrough, TS6 - Image 1
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Meredith Avenue, Middlesbrough, TS6

North East

£225,000
Listed on 04/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1119 sqft

Description

This well-positioned semi-detached bungalow features three bedrooms and offers significant renovation and investment opportunities. The spacious lounge invites natural light, providing a welcoming space ideal for relaxation or social gatherings. The ground floor hosts the main bedroom, which is equipped with fitted wardrobes, along with an adaptable second bedroom that could easily serve as a dining area. The kitchen, larger than typical for the area, has been redesigned to enhance functionality and modern living. Adjacent to this space is a conservatory that opens directly to the garden, allowing for seamless indoor-outdoor enjoyment. A bathroom completes the ground floor layout, ensuring convenience for both residents and guests. Upstairs, you’ll find an additional bedroom that boasts its own office area and a separate W/C. This setup is perfect for work-from-home flexibility or accommodating guests and teenagers. The exterior of the property includes a driveway leading to a detached garage, adding valuable off-street parking options. The rear garden provides ample outdoor space for gardening or leisure activities. As a vacant property with no chain, it presents an appealing blank canvas for anyone looking to invest in a home that can be tailored to personal tastes while maximizing its rental or resale potential in this desirable location.

Investment Analysis

(TS6 area)

Above Market Value

This property is priced +30.3% above area average per sq ft

+30.3%
This Property
£201/sq ft
Area Average
£154/sq ft
Avg Rent (weekly)
£155
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£189,928
10% above area average per sq ft
Potential ROI
-28.3%
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

Meredith 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
£824
Based on a loan of £168,750 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