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Wollaton Road, Billingham

North East

£80,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
865 sqft

Description

This end terrace family home features three bedrooms and presents a prime opportunity for investors and first-time buyers seeking to enhance their property portfolio. The entrance welcomes you into a spacious lounge, characterized by its dual aspect windows that infuse the space with natural light. To the rear is a modern kitchen with stylish white gloss units, ample workspace, and room for both cooking and dining. Adjacent to the kitchen, a versatile room offers possibilities as a utility space, storage area, or even a compact home office. On the upper floor, you will find three well-proportioned bedrooms along with a family bathroom that has potential for updates, plus a separate WC. The front garden includes a dropped kerb which may allow for off-road parking if desired. The enclosed rear garden combines lawn and patio areas, providing an inviting outdoor environment. This property boasts double glazing throughout and gas central heating via a combination boiler. Overall, this home offers solid renovation potential without any forward chain complications.

Investment Analysis

(TS23 area)

Below Market Value

This property is priced -38.7% below area average per sq ft

-38.7%
Potential saving
This Property
£92/sq ft
Area Average
£151/sq ft
Avg Rent (weekly)
£169
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£143,581
10% above area average per sq ft
Potential ROI
+36.7%
After renovation
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

Wollaton Road, 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
£289
Based on a loan of £60,000 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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