Worst House on the Street Logo
Mendip Road, Billingham TS23 - Image 1
Mendip Road, Billingham TS23 - Image 2
Mendip Road, Billingham TS23 - Image 3
Mendip Road, Billingham TS23 - Image 4
Mendip Road, Billingham TS23 - Image 5
Mendip Road, Billingham TS23 - Image 6
Mendip Road, Billingham TS23 - Image 7
Mendip Road, Billingham TS23 - Image 8

Mendip Road, Billingham TS23

North East

£75,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This end-terrace property features two bedrooms and is available for sale as seen, providing an excellent opportunity for renovation-minded investors. With no onward chain, it presents a straightforward acquisition for those looking to enhance its value through refurbishment. The layout of the home is practical, allowing for creative updates and improvements to meet modern living standards. The front entrance leads into a lounge that benefits from natural light, while the kitchen, which occupies the rear of the property, offers ample space for reconfiguration. Please note that it includes essential amenities such as a built-in oven and hob, with plumbing ready for a washing machine. Behind the kitchen lies a rear lobby with additional storage options and access to an enclosed garden, offering potential for landscaping or outdoor enhancements. On the first floor, you will find two spacious double bedrooms along with a family bathroom equipped with essential fixtures. This layout provides flexibility in design and functionality, ideal for creating appealing living spaces or possible rental opportunities. The exterior features both a lawned front garden bordered by privet and a generously sized rear garden laid to lawn. These outdoor areas hold promising potential for future renovations or landscaping projects that could significantly enhance the property's appeal. Situated on Mendip Road, this home is conveniently located near the town center. Residents will benefit from easy access to local amenities including schools, shops, leisure facilities, and reliable public transportation options. Given its location and potential for improvement, this property represents an attractive investment for those looking to generate rental income or add value over time.

Investment Analysis

(TS23 area)
Area Average
£144/sq ft
Avg Rent (weekly)
£171
Avg Yield
7.2%

Renovation Potential

Est. Renovation Cost
£7,500 - £18,750
10-25% of property value
Monthly Sales
26
Average per month
Market Turnover
80%
Properties sold annually

Local Market Trend (TS23)

Area prices are rising by +8.8% over the last 12 months
3 year growth: 13.1%
5 year growth: 26.9%
Investment Disclaimer: Analysis based on TS23 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

Mendip Road, Billingham TS23
Map showing location of Mendip Road, Billingham TS23
Open Map