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Surrey Street, Middlesbrough, Cleveland, TS1

North East

£84,950
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This Victorian terraced property presents a unique opportunity for both homeowners and investors looking to tap into its potential. The layout features an entrance hallway that connects to two reception rooms, one of which is currently repurposed as a double bedroom. The ground floor also includes a functional kitchen and a bathroom. On the first floor, you'll find three generously sized double bedrooms accessed from a central landing. The property benefits from practical features such as gas central heating, courtesy of a new boiler installed in November 2025, and double glazing throughout. Outside, there is a fully enclosed rear yard along with on-street parking available at the front. With its status as a former House in Multiple Occupation (HMO), this property offers established use that could appeal to investors, especially with documented tenancy history available for any planning applications. While it's vacant and technically ready for immediate occupation, some degree of modernization would greatly enhance its appeal and value. This offers an excellent chance for investment growth or personal customization.

Investment Analysis

(TS1 area)
Area Average
£92/sq ft
Avg Rent (weekly)
£129
Avg Yield
7.5%

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
18
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (TS1)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +10.9%
5 year growth: +43.4%
Investment Disclaimer: Analysis based on TS1 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

Surrey Street, Middlesbrough, Cleveland, TS1
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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
£301
Based on a loan of £63,712 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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