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France Street, Redcar

North East

£50,000

Listed on 20/06/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terraced house presents a valuable opportunity for those looking to invest in a renovation project within the North East. Located just a brief four-minute walk from Redcar High Street, the property is ideally situated near shops, cafes, and local amenities. The home greets you with a bright hallway leading to two reception rooms; both spaces are filled with potential but require remodeling to enhance their appeal. The first reception room, positioned at the front of the house, is bathed in natural light from a large window and offers ample space for furnishings. The second reception room, accessible from the kitchen and featuring a classic brick fireplace, could easily transform into a cozy dining area or lounge, albeit needing updates to optimize its functionality. In the kitchen, you will find existing cabinets and storage options that suggest it can be revamped into a lively cooking area with some modern touches. The upper floor houses two spacious double bedrooms and a family bathroom that showcases wear and tear yet holds promise for thoughtful renovations. Externally, the property includes on-street parking at the front and a secure rear yard that enhances privacy. This house not only offers immediate living potential but also substantial avenues for improvement and personalisation.

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Investment analysis

(TS10 area)
Area Average
£165/sq ft
Avg Rent (weekly)
£181
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £18,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TS10)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +5.4%
5 year growth: +20.5%
Investment Disclaimer: Analysis based on TS10 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

France Street, Redcar
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£189
Based on a loan of £37,500 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

Next Steps

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