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The Greenway, Middlesbrough

North East

£50,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1016 sqft

Description

This semi-detached family home features three bedrooms and presents a compelling opportunity for renovation enthusiasts or investors. Although it requires modernisation, the property offers a spacious configuration that can be transformed into a stylish and functional living space. The ground floor includes two sizeable reception rooms that provide flexibility for various layouts, whether for family gatherings or more formal entertaining. Ample built-in storage caters to day-to-day needs, enhancing practicality. The expansive rear garden further adds potential, offering space for outdoor activities or possible extensions in the future. With its favorable location and significant renovation potential, this property is ideal for anyone wishing to add personal touches and value over time.

Investment Analysis

(TS3 area)

Below Market Value

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

-51.3%
Potential saving
This Property
£49/sq ft
Area Average
£101/sq ft
Avg Rent (weekly)
£152
Avg Yield
8.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£112,989
10% above area average per sq ft
Potential ROI
+25.5%
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
25%
Properties sold annually

Local Market Trend (TS3)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +2.8%
5 year growth: +25.9%
Investment Disclaimer: Analysis based on TS3 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

The Greenway, Middlesbrough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£178
Based on a loan of £37,500 over 30 years at 3.97% 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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