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South Terrace, Middlesbrough, North Yorkshire, TS6

North East

£35,000
Listed on 19/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom property in the TS6 area offers a robust opportunity for investors and developers looking to undertake a comprehensive renovation. The home is in need of complete modernisation, providing a blank canvas to create a contemporary living space that aligns with current market demands. The layout includes two bedrooms, a living room, a kitchen area, and a bathroom, all of which require refurbishment. With strategic planning and investment, there’s substantial potential to enhance the property's appeal and value, whether for resale or as a rental unit. Positioned in a sought-after residential neighbourhood, the property benefits from proximity to local amenities, schools, and transport links—key factors that will attract future occupants. This project represents an excellent chance for those willing to invest time and resources into transforming it into an attractive home or profitable rental.

Investment Analysis

(TS6 area)
Area Average
£156/sq ft
Avg Rent (weekly)
£154
Avg Yield
4.9%

Renovation Potential

Heavy 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
29
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (TS6)

Area prices are stable by -0.9% over the last 12 months
3 year growth: +8.6%
5 year growth: +35.1%
Investment Disclaimer: Analysis based on TS6 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

South Terrace, Middlesbrough, North Yorkshire, TS6
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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
£124
Based on a loan of £26,250 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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