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St. Johns Close, Middlesbrough, North Yorkshire TS4 - Image 1
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St. Johns Close, Middlesbrough, North Yorkshire TS4

North East

£70,000
Listed on 14/09/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom property presents a promising opportunity for renovation and investment, situated conveniently close to the vibrant Middlesbrough town centre. With its strategic location, the home offers significant potential for rental income, appealing to both professionals and students due to its proximity to local amenities and Teesside University. Inside, the property features a spacious lounge that provides a comfortable living area and a fitted kitchen ready for updates. Both bedrooms are generously sized, allowing for versatile use. While the property is in need of refurbishment, this presents a unique chance for an investor or homeowner to personalize the space according to modern preferences. The exterior includes a private rear yard that can be transformed into an inviting outdoor area. Additionally, it boasts double glazing and gas central heating throughout, which are essential features for enhancing energy efficiency and tenant appeal. This property is positioned in an area with high tenant demand, making it an attractive addition to any investment portfolio. Its location offers excellent transport links and easy access to a variety of shops and services, ensuring that it remains in demand among renters. In summary, this two-bedroom house is not just a home but also an opportunity—one that can be molded through renovation while providing solid rental yield potential in a thriving community.

Investment Analysis

(TS4 area)
Area Average
£128/sq ft
Avg Rent (weekly)
£171
Avg Yield
8.5%

Renovation Potential

Est. Renovation Cost
£7,000 - £17,500
10-25% of property value
Monthly Sales
11
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (TS4)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -2.8%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on TS4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

St. Johns Close, Middlesbrough, North Yorkshire TS4
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