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Norcliffe Street, Middlesbrough TS3 - Image 1
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Norcliffe Street, Middlesbrough TS3

North East

£30,000
Listed on 15/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
840 sqft

Description

This two-bedroom property in Middlesbrough presents a solid opportunity for renovation and investment. The layout includes a welcoming hallway that leads to a reception room with potential for modernizing and enhancing its appeal. The dining room, centrally located, offers ample space for gatherings and access to the first floor and kitchen. Although the kitchen requires a complete overhaul, it currently features various units and room for free-standing appliances, making it ripe for a contemporary redesign. The ground-floor bathroom is in need of significant refurbishment as well, allowing an investor to reconfigure it completely to meet modern standards. Upstairs, you’ll find two bedrooms with sufficient space for beds and storage solutions, presenting opportunities to create comfortable living spaces. The property's external features include on-street parking and a secure rear yard, while local amenities are conveniently close by. This property is ideal for anyone looking to invest in a home that they can transform according to their vision or as a rental opportunity in the growing North East market.

Investment Analysis

(TS3 area)

Below Market Value

This property is priced -65.2% below area average per sq ft

-65.2%
Potential saving
This Property
£36/sq ft
Area Average
£103/sq ft
Avg Rent (weekly)
£150
Avg Yield
8.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£94,802
10% above area average per sq ft
Potential ROI
+72.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (TS3)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +1.9%
5 year growth: +26.9%
Investment Disclaimer: Analysis based on TS3 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

Norcliffe Street, Middlesbrough TS3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£106
Based on a loan of £22,500 over 30 years at 3.91% 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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