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Weastell Street, Middlesbrough

North East

£60,000
Listed on 07/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
549 sqft

Description

This two-bedroom terraced home presents a promising investment opportunity in Middlesbrough, ideal for those interested in a buy-to-let project. The property requires refurbishment, allowing for the potential to enhance its value and boost rental income. Spread across two levels, the ground floor features a living room alongside a functional kitchen. On the first floor, you will find two generously sized bedrooms and a shower room. With its proximity to local amenities, transport connections, and the heart of Middlesbrough town centre, this property is well-positioned for those looking to undertake renovations and subsequently rent it out.

Investment Analysis

(TS5 area)

Below Market Value

This property is priced -34.2% below area average per sq ft

-34.2%
Potential saving
This Property
£109/sq ft
Area Average
£166/sq ft
Avg Rent (weekly)
£183
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£100,368
10% above area average per sq ft
Potential ROI
+18.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (TS5)

Area prices are rising by +6.6% over the last 12 months
3 year growth: +7.2%
5 year growth: +19.6%
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

Weastell Street, Middlesbrough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£216
Based on a loan of £45,000 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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