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Fane Grove, Acklam, Middlesbrough, TS5 7EE

North East

£260,000
Listed on 01/05/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
2086 sqft

Description

This substantial detached family home presents a unique opportunity for buyers looking to invest in a spacious property with significant renovation potential. Positioned in a tranquil cul-de-sac within the desirable Acklam area of Middlesbrough, the residence is conveniently offered with no onward chain and vacant possession. The home's generous layout includes a welcoming entrance hallway leading to a large lounge that provides versatile space for relaxation or entertainment. The open-plan kitchen/diner fosters an ideal environment for family gatherings, while the upper floor includes well-sized bedrooms and a family bathroom suitable for everyday living. A notable asset is the converted loft space, which adds further flexibility, perfect as a home office, playroom, or guest room. Outside, the west-facing garden features lawns and seating areas that are ideal for enjoying the sun during afternoons and evenings. Additionally, there's potential to enhance the property further through garage conversion (subject to planning permission). With local amenities, schools, and excellent transport links nearby, this property not only satisfies current needs but also offers ample scope for improvement that could greatly increase its value.

Investment Analysis

(TS5 area)

Below Market Value

This property is priced -26.8% below area average per sq ft

-26.8%
Potential saving
This Property
£125/sq ft
Area Average
£170/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£390,656
10% above area average per sq ft
Potential ROI
+26.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (TS5)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +6.7%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on TS5 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

Fane Grove, Acklam, Middlesbrough, TS5 7EE
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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
£928
Based on a loan of £195,000 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.

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