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Millholme Terrace, TS12

North East

£72,995
Listed on 28/01/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

Situated on the outskirts of Brotton, this spacious two-bedroom residence offers a unique opportunity for customization and enhancement. The home is positioned to take advantage of west-facing views, providing a serene backdrop. A modest gated garden at the front serves as a welcoming space for enjoying the evenings. The property is equipped with gas central heating and uPVC double glazing, ensuring basic comfort while presenting ample scope for modernisation. Its generous room sizes, tall ceilings, and period details create an inviting atmosphere, making it an excellent candidate for those looking to invest in renovations that can significantly increase its value. The layout includes a sizeable living room, separate dining area, and kitchen fitted with essential appliances, alongside a utility/workshop that could be transformed into an efficient home office. On the first floor, you'll find well-proportioned bedrooms and a four-piece family bathroom requiring updates. Outside, the low-maintenance rear courtyard complements the property's overall appeal. With its potential for improvement and attractive location within the village, this home is ideally suited for first-time buyers or investors aiming to unlock its true value.

Investment Analysis

(TS12 area)
Area Average
£202/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (TS12)

Area prices are falling by -6.0% over the last 12 months
3 year growth: +5.3%
5 year growth: +33.4%
Investment Disclaimer: Analysis based on TS12 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

Millholme Terrace, TS12
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£263
Based on a loan of £54,746 over 30 years at 4.06% 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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