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Harewood Street, Middlesbrough

North East

£79,950
Listed on 06/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom property presents a significant opportunity for buyers looking to invest in a home that requires modernisation. Conveniently situated close to various local amenities, the home features an entrance hall, a lounge, and a rear sitting room, alongside a kitchen and an inner lobby that leads to the ground-floor bathroom. The first floor hosts two spacious double bedrooms, providing ample living space. Externally, there is an enclosed yard, perfect for outdoor activities or potential landscaping. Note that this property is located within a selective licensing zone, which may involve additional costs for prospective purchasers. This home is ideal for those willing to undertake renovations to unlock its full potential.

Investment Analysis

(TS1 area)
Area Average
£92/sq ft
Avg Rent (weekly)
£129
Avg Yield
8.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (TS1)

Area prices are falling by +2.9% over the last 12 months
3 year growth: 5.5%
5 year growth: 37.4%
Investment Disclaimer: Analysis based on TS1 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

Harewood Street, Middlesbrough
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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
£293
Based on a loan of £59,962 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