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Greta Road, Norton, TS20 1BD

North East

£120,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
778 sqft

Description

Situated within a short stroll of Norton Village's vibrant center, this three-bedroom semi-detached property offers promising potential for first-time buyers, young families, or astute investors. With an enviable location that places shops, cozy bars, and popular dining spots at your fingertips, it beautifully combines lifestyle with practical living. The layout features an inviting entrance hall that opens to a cozy living room and a functional kitchen. A rear lobby connects directly to the bathroom, creating an efficient flow throughout the ground floor. Upstairs, you'll find three spacious bedrooms alongside a valuable landing cupboard, enhancing storage options. The outdoor space complements this property well; the front garden is gravelled for easy maintenance, while the generous west-facing rear garden is laid to lawn with a patio area – perfect for children or pets and ripe for further development (subject to necessary permissions). Side access increases convenience, making the home feel more expansive. Close proximity to reputable schools and excellent transport links to Middlesbrough and Darlington enhance its appeal. With no onward chain and a few light updates needed to unlock its full potential, this property truly presents an opportunity not to be overlooked.

Investment Analysis

(TS20 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£154/sq ft
Area Average
£173/sq ft
Avg Rent (weekly)
£154
Avg Yield
4.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £12,000
Target Value
£147,626
10% above area average per sq ft
Potential ROI
+11.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (TS20)

Area prices are rising by +10.6% over the last 12 months
3 year growth: 3.5%
5 year growth: 9.8%
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

Greta Road, Norton, TS20 1BD
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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
£440
Based on a loan of £90,000 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