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41 Ellis Gardens, Hemlington, Middlesbrough TS8 9EX

North East

£15,000
Listed on 23/02/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace house presents an excellent opportunity for investors and homebuyers looking to enhance a property in Middlesborough. Located in Ellis Gardens, a residential neighborhood with convenient transport links and close to a variety of local amenities, this property is well-positioned for potential growth. While it requires cosmetic improvements, the layout offers flexibility and ample space that can be transformed into an attractive living environment. The local rental market indicates significant demand, with potential rental income estimated at around £700 per month, reflecting strong investment prospects. The property features a welcoming hallway leading to a spacious lounge and a kitchen/dining area on the ground floor, while the first floor comprises three bedrooms and a family bathroom. Externally, there are gardens at both the front and rear, providing additional outdoor space for enhancement. This is a promising canvas for renovation that could yield substantial returns.

Investment Analysis

(TS8 area)
Area Average
£209/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
39%
Properties sold annually

Local Market Trend (TS8)

Area prices are rising by +4.6% over the last 12 months
3 year growth: +2.6%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on TS8 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

41 Ellis Gardens, Hemlington, Middlesbrough TS8 9EX
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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
£54
Based on a loan of £11,250 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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