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Overdale Road, Middlesbrough TS3 - Image 1
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Overdale Road, Middlesbrough TS3

North East

£79,995
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
488 sqft

Description

This two-bedroom semi-detached home presents a promising opportunity for renovation and investment, ideal for those looking to make their mark. The property boasts solid structural integrity and a spacious layout, making it a blank canvas for customization. On the ground floor, you’ll find generous room sizes that offer flexibility and potential for modern updates. The living room serves as the heart of the home, featuring an original gas fireplace that adds character. With uPVC double glazing installed seven years ago, this space remains well-lit and energy-efficient while providing pleasant views of both the front and back gardens. There’s ample room for a dining table, allowing you to create a multifunctional area for family gatherings or entertaining. The kitchen, while compact, is functional with space allocated for essential appliances such as a washing machine and cooker. Its cream-colored cabinetry offers storage solutions, while the larger larder cupboard enhances functionality. A fully serviced boiler from 2016 is also conveniently located in this space. Ascending to the first floor reveals two generously sized double bedrooms. Bedroom 1 benefits from dual uPVC windows that flood the room with natural light, creating a welcoming atmosphere. Bedroom 2 mirrors this spaciousness and features views of the rear garden, making it suitable as either a second bedroom or a home office. The property’s outdoor space enhances its appeal further. The front garden is maintained simply yet effectively, offering both greenery and potential for personalization. The rear garden is particularly noteworthy; it’s an extensive enclosed area perfect for children to play, hosting summer barbecues, or even setting up a workshop or shed—a versatile space with significant enhancement possibilities. Situated on Overdale Road, this residence enjoys access to a vibrant community rich in amenities such as shops and parks within walking distance. It’s also conveniently located near James Cook University Hospital, making it ideal for healthcare professionals seeking ease of commute. Public transport links are readily available, ensuring connections to Middlesbrough Train Station and major roads like the A19 are just moments away. With its solid foundation and enhancing potential throughout both inside and outside spaces, this property stands out as an appealing choice for first-time buyers aiming to invest in their future or investors looking for rental opportunities in a sought-after location with promising yields.

Investment Analysis

(TS3 area)

Above Market Value

This property is priced +65.5% above area average per sq ft

+65.5%
This Property
£164/sq ft
Area Average
£99/sq ft
Avg Rent (weekly)
£148
Avg Yield
8.9%

Renovation Potential

Est. Renovation Cost
£8,000 - £19,999
10-25% of property value
Target Value
£53,170
10% above area average per sq ft
Potential ROI
-46.8%
After renovation
Monthly Sales
19
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (TS3)

Area prices are rising by +6.9% over the last 12 months
3 year growth: 4.4%
5 year growth: 27.4%
Investment Disclaimer: Analysis based on TS3 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

Overdale Road, Middlesbrough TS3
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