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Wetherby Green, Ormesby, Middlesbrough

North East

£78,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
800 sqft

Description

This three-bedroom end-terrace property, available without any onward chain, offers a remarkable opportunity for both first-time buyers and investors looking to capitalize on its renovation potential. While the home requires modernization, its solid structure and appealing layout provide a blank canvas for creative enhancements. The ground floor features a cozy lounge and an inviting kitchen diner, primed for a contemporary open-plan redesign. Upstairs, you’ll find three well-sized bedrooms accompanied by a family bathroom. Externally, the property boasts low-maintenance gardens, making it perfect for those who prefer ease of upkeep, along with a charming communal green at the front that enhances the overall environment. This is an excellent chance to transform the space according to personal taste or investment goals.

Investment Analysis

(TS7 area)

Below Market Value

This property is priced -55.0% below area average per sq ft

-55.0%
Potential saving
This Property
£98/sq ft
Area Average
£217/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£190,608
10% above area average per sq ft
Potential ROI
+61.5%
After renovation
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
11%
Properties sold annually

Local Market Trend (TS7)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.7%
5 year growth: +0.9%
Investment Disclaimer: Analysis based on TS7 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

Wetherby Green, Ormesby, Middlesbrough
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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
£276
Based on a loan of £58,500 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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