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Lister Terrace, Bishop Auckland DL13 - Image 1
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Lister Terrace, Bishop Auckland DL13

North East

£137,500
Listed on 22/05/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
801 sqft

Description

Nestled in the charming village of Wolsingham, this 2-bedroom terraced house offers a compelling opportunity for renovation and investment. The property is presented chain-free, providing a smooth transition for new owners eager to put their own stamp on a home. The layout comprises a welcoming entrance porch leading into a spacious living room at the front of the house. A functional kitchen and utility room extend towards the rear, where access to an enclosed yard allows for outdoor potential. Additionally, there is a convenient WC located on the ground floor. Upstairs, two well-sized bedrooms and a bathroom await, all illuminated by natural light from uPVC windows that enhance the airy feel of the interior. While the property currently requires some modernisation, its solid structure and thoughtful layout invite creative enhancement. This presents an excellent chance for buyers looking to invest in improving the space or expanding upon existing features. Externally, you'll find a small enclosed garden at the front, offering a quaint spot for planting or relaxation. The rear yard is also enclosed and can serve as an area for outdoor seating or storage solutions, complemented by practical features such as an outside tap. A single garage located conveniently across from the rear access track adds further value—ideal for vehicle parking or additional storage needs—and includes power and lighting. With off-street parking available right in front of the garage, this property not only assures convenience but also positions itself as a promising investment in an appealing location. The potential to transform this home into something truly special makes it worthy of consideration for both first-time buyers and experienced renovators alike.

Investment Analysis

(DL13 area)

Below Market Value

This property is priced -8.9% below area average per sq ft

-8.9%
Potential saving
This Property
£172/sq ft
Area Average
£189/sq ft
Avg Rent (weekly)
£166
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£13,750 - £34,375
10-25% of property value
Target Value
£166,087
10% above area average per sq ft
Potential ROI
-3.4%
After renovation
Monthly Sales
14
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DL13)

Area prices are falling by +16.1% over the last 12 months
3 year growth: -8.0%
5 year growth: 6.5%
Investment Disclaimer: Analysis based on DL13 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

Lister Terrace, Bishop Auckland DL13
Map showing location of Lister Terrace, Bishop Auckland DL13
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