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3 Newbury Way, Billingham, Durham TS23 3NP - Image 1
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3 Newbury Way, Billingham, Durham TS23 3NP

North East

£48,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom mid-terrace home presents an opportunity for renovators and investors alike. While it currently requires modernizing, its solid structure offers a blank canvas to create a comfortable family residence or rental property. The front and rear gardens enhance the outdoor space, perfect for landscaping or creating a relaxing retreat. Located in Billingham, the property is close to essential amenities, making it a practical choice for future occupants. With the potential to improve both its interior spaces—including a lounge, kitchen, and multiple bedrooms—and exterior gardens, this property is poised for transformation. Additionally, being vacant allows for immediate access and renovation planning without hassle. Don't miss the chance to enhance your investment portfolio with this promising project.

Investment Analysis

(TS23 area)
Area Average
£152/sq ft
Avg Rent (weekly)
£172
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (TS23)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +6.4%
5 year growth: +21.8%
Investment Disclaimer: Analysis based on TS23 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

3 Newbury Way, Billingham, Durham TS23 3NP
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£181
Based on a loan of £36,000 over 30 years at 4.45% 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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