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William Street, TS12

North East

£59,500
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This terraced house presents an appealing opportunity for first-time buyers or investors, particularly given its vacant possession status and no onward chain. While the property is broadly spacious with two or three bedrooms, it does require some renovation work to realize its full potential. The back of the house offers pleasing views over a local play park and allotments, enhancing the living experience. The internal layout features two separate reception rooms and an added cloakroom/wc on the first floor, catering to practical living needs. The fixed staircase to the attic room could be transformed into a functional workspace or additional sleeping area, thereby maximizing space utilization. Although currently in need of redecoration throughout, this provides a perfect blank canvas for new owners to infuse their personal style. Externally, the enclosed rear yard allows for some outdoor enjoyment and private access. This property represents a worthwhile investment opportunity in a sought-after area of North East England, inviting creative renovation to enhance both value and comfort.

Investment Analysis

(TS12 area)
Area Average
£206/sq ft
Avg Rent (weekly)
£161
Avg Yield
4.2%

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
19
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (TS12)

Area prices are falling by -10.6% over the last 12 months
3 year growth: +2.6%
5 year growth: +19.1%
Investment Disclaimer: Analysis based on TS12 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

William Street, TS12
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£211
Based on a loan of £44,625 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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