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Pinewood Close, Easington

North East

£160,000

Listed on 09/09/2026

The listing

Property details

Bedrooms
2
Type
Semi Detached
Area
689 sqft

Description

This two-bedroom semi-detached home presents an excellent opportunity for first-time buyers and those looking to invest in a property with potential for modernization. Nestled in the tranquil village of Easington, the house offers a peaceful setting complemented by countryside views at the rear. The interior, while in need of updating, provides a solid foundation for transformation into a contemporary living space. The ground floor features a functional fitted kitchen and a spacious open-plan living and dining area, ideal for both relaxation and entertaining. Natural light floods the space through sliding patio doors that lead to the rear garden, enhancing the appealing atmosphere. Upstairs, you will find two well-proportioned bedrooms along with a family bathroom, all of which can be updated to reflect personal style. The outdoor area is a delightful surprise, boasting a larger-than-expected private garden perfect for gardening or hosting gatherings, while the scenic countryside backdrop adds to its charm. An attached single garage further enhances practicality and storage options. Easington offers a semi-rural lifestyle with easy access to the stunning North Yorkshire coastline, making it an attractive location for outdoor enthusiasts. This property is freehold and falls under the Redcar & Cleveland Borough Council with a Band B council tax rating.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

27out of 100
Grade ELow opportunity

Confidence: MEDIUM

This two-bedroom semi-detached house in Easington presents a good opportunity for a first-time buyer or anyone looking for a manageable project. While the interior is notably dated and in need of modernization, it offers a solid foundation to create a lovely contemporary home. The generous open-plan living and dining room, along with functional but outdated kitchen and bathroom fittings, provide ample scope for updating to suit personal tastes.

The garden is a standout feature, larger and more private than expected, enhanced by pleasant countryside views, making it ideal for outdoor activities and entertaining. However, the asking price of £160,000, at £232/sqf, is significantly above the local average of £177/sqf, which raises concerns about overall value. When considering the renovation costs estimated between £40,000 and £80,000, the all-in costs could stretch the investment compared to local benchmarks for this floor area, potentially impacting financial returns.

Key opportunities

  • Scope to modernize the dated interiors to create a contemporary living space.
  • A generous garden space that can be transformed into a charming outdoor retreat.
  • Potential to gradually improve the property while living in it, making it a manageable project.

Key risks

  • The asking price is significantly above local £/sqf, which may limit future value.
  • Purchase plus works may take you to around £220,000 before you finish, with refurbishment in the region of £60,000, leaving a gap of around 45% versus area norms for this sqft; post-works value sits outside our data.

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Map

Location

Pinewood Close, Easington
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 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.

Tax

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