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Coverdale Buildings, Brotton, Redcar And Cleveland

North East

£83,500

Listed on 22/09/2026

The listing

Property details

Bedrooms
3
Type
Cottage

Description

This three-bedroom detached cottage presents a promising opportunity for first-time buyers or investors looking to add value. The property is set within a quiet row of similar homes, offering a peaceful environment while remaining conveniently close to local amenities. Although the cottage requires some updating, it features gas central heating and uPVC double glazing, ensuring a solid foundation for renovation. The layout includes an entrance hallway leading to a front living room with a charming fireplace and a rear dining kitchen equipped with essential fixtures. A convenient ground floor shower room completes the lower level, while the first floor houses three well-proportioned bedrooms, including a spacious principal bedroom with fitted wardrobes. Externally, the property boasts a small front garden and an enclosed rear yard, perfect for outdoor relaxation. With its attractive price point and renovation potential, this cottage is an excellent choice for those looking to create a personalized living space.

WHOTS analysis

Our WHOTS verdict

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

54out of 100
Grade DWeak opportunity

Confidence: LOW

This three-bedroom cottage presents a solid opportunity for first-time buyers or investors looking to create a personalized home. With an attractive asking price of £83,500, significantly lower than the local average of £199,819, there's a chance to capitalize on value in a quiet residential area. The property features a good-sized living room warmed by a gas log effect stove, a fitted kitchen with ample space, and a modern shower room, although all interiors show signs of wear and would benefit from cosmetic updates.

The enclosed yard and small garden enhance its appeal, providing a delightful outdoor space. The peaceful location, close to local amenities and the beautiful North East coastline, adds to its potential. With a renovation range of £20,000 to £40,000, buyers can transform this dated interior into a lovely home that reflects their personal style. Overall, while the property does require some work, the combination of the price point and location makes it a worthwhile consideration for those ready to invest in a project.

Key opportunities

  • Attractive price point significantly below local average
  • Potential for personalization through updates and renovations
  • Good outdoor space with an enclosed yard and small garden

Key risks

  • General wear and tear observed throughout the property

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Map

Location

Coverdale Buildings, Brotton, Redcar And Cleveland
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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
£315
Based on a loan of £62,625 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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