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Durham Terrace, Durham DH1

North East

£80,000
Listed on 28/03/2026

Property Details

Bedrooms
2
Type
Terraced House
Area
667 sqft

Description

This two-bedroom terraced house in Framwellgate Moor presents a significant opportunity for renovation enthusiasts and investors alike. The property features a straightforward layout, with a kitchen and living room on the ground floor, complemented by two bedrooms and a family bathroom upstairs. A private enclosed garden at the rear adds to its appeal, offering potential for outdoor enhancement. The house is currently in need of renovations, making it an excellent canvas for those looking to create a comfortable home or a rental investment in the North East area. Viewings are encouraged for serious buyers considering this renovation project.

Investment Analysis

(DH1 area)

Below Market Value

This property is priced -48.5% below area average per sq ft

-48.5%
Potential saving
This Property
£120/sq ft
Area Average
£233/sq ft
Avg Rent (weekly)
£275
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£170,989
10% above area average per sq ft
Potential ROI
+62.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DH1)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +4.6%
5 year growth: +2.2%
Investment Disclaimer: Analysis based on DH1 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

Durham Terrace, Durham DH1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£289
Based on a loan of £60,000 over 30 years at 4.06% 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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