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Main Road, Gainford, Darlington

North East

£100,000
Listed on 08/08/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This charming two-bedroom cottage, situated in the picturesque village of Gainford near Darlington, offers a promising renovation project for those looking to create a unique living space. Though the property requires modernisation, it retains a host of original features that can be beautifully restored to enhance its character and appeal. The layout includes a welcoming reception room ideal for both relaxation and social gatherings. Accommodating two good-sized bedrooms and a bathroom, the interior provides sufficient space for comfortable living, making it suitable for small families or as a weekend retreat from urban life. Gainford is celebrated for its serene village atmosphere while still providing convenient access to local amenities. This setting not only makes the cottage an attractive home but also a strategic investment opportunity. The increasing interest in short-term rentals in this area could make it well-suited for use as an Airbnb or similar holiday rental, allowing you to tap into the growing demand for such accommodations. Key features include a well-sized kitchen diner equipped with original fireplace details and ample space for essential appliances. The property also comes with allocated parking and benefits from being located within a conservation area, ensuring its charm is preserved. Overall, this cottage presents an excellent chance to merge modern living with historic elements, ideal for buyers looking to invest in property with substantial renovation potential or create a custom home reflective of their personal taste.

Investment Analysis

(DL2 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (DL2)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -1.9%
5 year growth: 13.3%
Investment Disclaimer: Analysis based on DL2 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

Main Road, Gainford, Darlington
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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
£366
Based on a loan of £75,000 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