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Premier Road, Middlesbrough

North East

£59,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
829 sqft

Description

This mid-terrace three-bedroom property is an ideal candidate for those looking to invest in a renovation project. Available with no onward chain, the home offers significant scope for modernization and enhancement throughout. The ground floor features a spacious lounge diner, perfect for both relaxation and entertaining, alongside a kitchen that invites fresh ideas and improvements. The first floor provides three bedrooms and a family bathroom, presenting a solid foundation for reconfiguration or upgrades to suit modern living standards. Outside, there are front and rear gardens that could be transformed into enjoyable outdoor spaces, while on-street parking adds convenience. Whether you are a first-time buyer or an investor seeking value addition through smart renovations, this property warrants early viewing to fully appreciate its potential.

Investment Analysis

(TS3 area)

Below Market Value

This property is priced -29.6% below area average per sq ft

-29.6%
Potential saving
This Property
£71/sq ft
Area Average
£101/sq ft
Avg Rent (weekly)
£152
Avg Yield
8.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£92,193
10% above area average per sq ft
Potential ROI
-1.9%
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

Premier Road, 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
£210
Based on a loan of £44,250 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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