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Braid Crescent, Billingham

North East

£65,000
Listed on 08/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
861 sqft

Description

This three-bedroom mid-terrace property presents a valuable opportunity for investors or those seeking to create their ideal living space. Located in a convenient area, the home features a dual-aspect lounge that offers abundant natural light and flexibility in layout. The kitchen at the rear leads to an additional multi-use room, which can serve as a breakfast nook, office, or extra storage depending on your requirements. Upstairs, you will find three bedrooms along with a family bathroom. The property includes a front garden with lawn and an enclosed rear garden with various outdoor spaces for potential enhancement. With proximity to local amenities and schools, this property requires some modernization but has excellent potential for personalization or value addition. It is being sold chain-free, allowing for a straightforward transaction.

Investment Analysis

(TS23 area)

Below Market Value

This property is priced -51.3% below area average per sq ft

-51.3%
Potential saving
This Property
£75/sq ft
Area Average
£155/sq ft
Avg Rent (weekly)
£174
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£146,848
10% above area average per sq ft
Potential ROI
+63.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (TS23)

Area prices are rising by +6.5% over the last 12 months
3 year growth: +7.6%
5 year growth: +22.3%
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

Braid Crescent, Billingham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£230
Based on a loan of £48,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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