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Staithes Road, Redcar

North East

£139,950

Listed on 16/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1001 sqft

Description

This three-bedroom semi-detached property is located in a sought-after residential area and presents an exciting opportunity for both homebuyers looking to personalize their living space and investors aiming to enhance their portfolio. The generous layout includes substantial living areas, off-street parking, and a sizable enclosed rear garden offering the potential for upgrades or landscaping improvements.

Homebuyers can utilize the three bedrooms alongside spacious communal areas, while the private outdoor space is perfect for families or gatherings. The property further boasts the potential for significant value additions through modernisation efforts. Investors may find this property appealing due to its projected rental yield of around 7%, depending on market conditions and prospective rental values.

Conveniently situated, the location provides quick access to local amenities and transport options; Cleveland Retail Park is around a 14-minute drive away, with Middlesbrough Train Station reachable in approximately 17 minutes. For those who enjoy the coast, Redcar Beach is just a short six-minute drive.

The kitchen greets you upon entry and features contemporary grey cabinetry paired with oak-effect worktops and herringbone flooring. It is equipped with essential appliances and allows flexibility for future enhancements. Adjacent to the kitchen lies a utility/storage area that adds extra practicality.

The living room at the back is expansive and carpeted, focusing on a feature fireplace that enhances its charm while large French doors flood the area with natural light and provide direct access to the garden. This versatile space easily accommodates dining arrangements for family meals or socializing.

The sizeable rear garden promises ample outdoor opportunities but would benefit from some general improvements to maximize its appeal.

On the first floor, you'll find three bedrooms including one double bedroom that offers open wardrobe solutions, while two single rooms provide adaptable spaces suitable for children or as an office. The family bathroom contains necessary fixtures including a bath and electric shower, providing functionality that could be modernized according to taste.

With easy access to local schools, parks, supermarkets, and major roadways like A1085 and A19 facilitating travel across North East England, this property marks an excellent choice for both buyers seeking a family home or landlords eyeing investment prospects.

Investment analysis

(TS10 area)

Below Market Value

This property is priced -15.4% below area average per sq ft

-15.4%
Potential saving
This Property
£140/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£167
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£182,067
10% above area average per sq ft
Potential ROI
+7.1%
After renovation
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
12%
Properties sold annually

Local Market Trend (TS10)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +4.5%
5 year growth: +17.8%
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

Staithes Road, Redcar
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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
£529
Based on a loan of £104,962 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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