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Holborn Court, Durham DH7

North East

£190,000
Listed on 01/05/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1323 sqft

Description

Presenting a four-bedroom semi-detached house in Ushaw Moor, this property holds significant potential for renovation and investment. The spacious layout caters well to larger families or those seeking additional living space. On the ground floor, you’ll find a generous lounge that provides a comfortable area to relax, alongside an impressive kitchen/diner that offers ample room for family gatherings and meal preparation. A utility room adds practicality, while a conservatory expands the living area further and allows for abundant natural light. Additionally, the garage has been converted into two versatile rooms, enhancing the usable space on the lower level. The first floor comprises four bedrooms, which are adaptable for use as children’s rooms, guest accommodations, or even a home office setup. There are also two bathrooms for added convenience and a large storage cupboard to help keep things organized. While the property requires modernisation, it presents an excellent opportunity for those looking to make updates according to their personal taste and standards. The absence of an onward chain simplifies the purchasing process, making it more attractive for buyers willing to invest time and effort into renovations. Surrounded by the amenities of Ushaw Moor, this residence is well-positioned within a community that offers local shops, schools, and parks. Its investment potential is bolstered by its location in a desirable neighborhood with good access to transport links. This property represents a promising project for anyone looking to create their ideal home or add value through thoughtful renovations. With careful consideration and investment, it could transform into an inviting living space tailored to individual preferences.

Investment Analysis

(DH7 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£144/sq ft
Area Average
£153/sq ft
Avg Rent (weekly)
£170
Avg Yield
6.1%

Renovation Potential

Est. Renovation Cost
£19,000 - £47,500
10-25% of property value
Target Value
£223,025
10% above area average per sq ft
Potential ROI
-6.1%
After renovation
Monthly Sales
34
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (DH7)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 13.4%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on DH7 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

Holborn Court, Durham DH7
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