9 Miniott Walk, Hemlington, Middlesbrough, Cleveland, TS8 9NA

This three-bedroom mid-terrace house in Hemlington presents a noteworthy opportunity for those looking to invest in a renovation project. With an asking price of £50,000, this property is significantly below the local average sale price of £220,600, indicating a potentially strong entry point for buyers. The home requires substantial modernisation, offering a blank canvas for creative improvements. The exterior and roof are in good condition, while the interior is dated and in need of redecoration, allowing for a range of enhancements to bring the space up to date.

Located conveniently near amenities, parks, and recreational areas, this property benefits from a good location. Although the project scale is medium, the potential for value addition through refurbishment is clear, with renovation costs estimated between £40,000 and £80,000. While there are risks associated with the significant refurbishment needed, the overall economic conditions and the property's price position suggest it remains an attractive investment for those willing to take on the project.