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Tyne Road, Redcar

North East

£90,000
Listed on 27/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
1012 sqft

Description

This mid-terraced house presents a promising renovation opportunity, featuring three generously sized bedrooms and the advantage of being sold with vacant possession. Located in a convenient setting in Redcar, it offers easy access to public transport and major roads. Enter through a white UPVC door into a passageway that leads to the spacious reception room, which is bathed in natural light from its wide window. The adjoining dining room serves as a central hub for family gatherings and is equipped with built-in storage, providing practical solutions for organization. The kitchen, although in need of refurbishment, has well-proportioned dimensions and plenty of natural light, offering flexibility for modern appliances. Ascend the landing to find two sizeable bedrooms, both capable of accommodating double beds and additional storage options. The third bedroom features access to the loft space above, which boasts skylights and could easily be transformed into a home office or children's play area. The family bathroom includes essential amenities but could benefit from modernization. Outdoors, an expansive rear garden offers substantial potential for landscaping or recreational use, while minimal upkeep is required for the front garden. On-street parking enhances accessibility for residents and visitors alike. With local shops and schools nearby, alongside good transport links via the A174, this property holds significant investment potential for those looking to create their ideal living space.

Investment Analysis

(TS10 area)

Below Market Value

This property is priced -46.1% below area average per sq ft

-46.1%
Potential saving
This Property
£89/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£173
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£183,567
10% above area average per sq ft
Potential ROI
+59.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (TS10)

Area prices are rising by +6.9% over the last 12 months
3 year growth: +4.6%
5 year growth: +24.9%
Investment Disclaimer: Analysis based on TS10 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

Tyne Road, Redcar
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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
£325
Based on a loan of £67,500 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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