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Bolam Grove, Billingham

North East

£150,000
Listed on 12/03/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious three-bedroom detached home presents a compelling opportunity for those looking to invest in a property with significant modernization potential. Positioned away from busy roads, the property enjoys a tranquil outlook over a pedestrian walkway and green space, enhancing its appeal as a family residence. A garage at the rear adds convenient storage options. Inside, the layout includes an expansive entrance hall leading to a large lounge perfect for gatherings, a separate dining room, and a kitchen that offers ample scope for redesign. The first floor houses three generously sized bedrooms alongside a family bathroom and separate WC. The external features include an enclosed rear garden ideal for outdoor activities and a front garden area that complements the home's kerbside charm. Given its detached layout, spacious rooms, and great location, this property is ripe for renovation, allowing buyers to tailor it to their needs while potentially increasing its value significantly.

Investment Analysis

(TS23 area)
Area Average
£151/sq ft
Avg Rent (weekly)
£169
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
100%
Properties sold annually

Local Market Trend (TS23)

Area prices are rising by +7.0% over the last 12 months
3 year growth: +9.0%
5 year growth: +24.5%
Investment Disclaimer: Analysis based on TS23 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

Bolam Grove, Billingham
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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
£541
Based on a loan of £112,500 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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