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Hood Street, St. Johns Chapel DL13

North East

£89,950
Listed on 27/09/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
850 sqft

Description

This stone-built cottage, situated prominently on the main street of a sought-after village in Upper Weardale, presents a unique opportunity for renovation and investment. Featuring two spacious double bedrooms, the property combines traditional charm with practical living spaces, making it an ideal candidate for those looking to enhance its potential. Upon entering, you are greeted by a rear entrance that leads into a sizable kitchen and dining area outfitted with essential wall and floor units. The space is further enriched by an inglenook fireplace housing a solid fuel boiler, perfect for keeping warm during the colder months. A separate living room at the front of the cottage boasts an open fireplace with classic features, providing a welcoming atmosphere for relaxation or entertaining. The first floor offers access to two well-sized bedrooms, each benefitting from natural light through UPVC double-glazed windows. The main bedroom includes built-in storage solutions that maximize space efficiency. The bathroom features modern fixtures but invites updates for further enhancement. Externally, the property comes with an attached stone garage and two small patio areas at the rear, providing additional outdoor utility options. There is also space allocated for bins and a coal bunker. Located in St Johns Chapel, renowned for its natural beauty and outdoor activities such as walking and cycling, this cottage is minutes away from local amenities including pubs, shops, and healthcare facilities. Excellent transport links via the A689 allow easy access to nearby towns like Hexham and Carlisle within about an hour’s drive. With its attractive location and solid structure ripe for modernization, this property holds considerable investment potential for those willing to undertake renovations to elevate its value while enjoying rural life.

Investment Analysis

(DL13 area)

Below Market Value

This property is priced -42.3% below area average per sq ft

-42.3%
Potential saving
This Property
£106/sq ft
Area Average
£183/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£171,386
10% above area average per sq ft
Potential ROI
+55.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DL13)

Area prices are falling by +12.6% over the last 12 months
3 year growth: -11.2%
5 year growth: -2.9%
Investment Disclaimer: Analysis based on DL13 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

Hood Street, St. Johns Chapel DL13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£330
Based on a loan of £67,462 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE