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Essex Street, Middlesbrough

North East

£65,000

Listed on 14/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

Located on Essex Street in Middlesbrough, this two-bedroom mid-terraced house offers a promising opportunity for investors or those keen on a renovation project. The layout includes a spacious lounge/dining area, a fitted kitchen, and a bathroom/WC on the ground floor, while the first floor comprises two generously sized bedrooms. This property is in need of comprehensive refurbishment and modernisation, providing an ideal chance for buyers to enhance its value significantly. Post-renovation, it holds strong potential for attractive rental yields in this well-established residential area. Conveniently situated near local amenities, schools, transport links, and close to the town centre, it ensures easy access for both tenants and homeowners. With vacant possession available, this presents an exceptional chance for investment or development.

Investment analysis

(TS1 area)
Area Average
£92/sq ft
Avg Rent (weekly)
£136
Avg Yield
8.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (TS1)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +11.2%
5 year growth: +43.3%
Investment Disclaimer: Analysis based on TS1 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

Essex Street, Middlesbrough
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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
£246
Based on a loan of £48,750 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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