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Clarence Street, Bowburn, Durham, County Durham - Image 1
Clarence Street, Bowburn, Durham, County Durham - Image 2
Clarence Street, Bowburn, Durham, County Durham - Image 3
Clarence Street, Bowburn, Durham, County Durham - Image 4
Clarence Street, Bowburn, Durham, County Durham - Image 5
Clarence Street, Bowburn, Durham, County Durham - Image 6
Clarence Street, Bowburn, Durham, County Durham - Image 7
Clarence Street, Bowburn, Durham, County Durham - Image 8

Clarence Street, Bowburn, Durham, County Durham

North East

£75,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terraced house presents a notable opportunity for renovation and investment. Currently generating a rental income of £500 per month, the property requires refurbishment, allowing potential buyers to tailor improvements to their specifications and possibly increase its market value. Conveniently situated, this home offers a variety of local amenities within easy reach. A supermarket is just around the corner, while public transport options are readily available, with a bus stop located only two minutes away on foot. This accessibility is likely to appeal to renters and future homeowners alike. The internal layout features an entrance hallway that leads into an inner hallway, a spacious lounge, and a separate dining room. The fitted kitchen offers essential space for culinary activities and connects to the ground floor shower room for additional convenience. Upstairs, the first floor accommodates three bedrooms along with a cloakroom/WC. Outside, residents will find on-street parking options and a yard area at the rear of the property, suitable for outdoor use or further development. With no onward chain complicating the sale process, this property is ready for an eager buyer to invest time and effort into transforming it into a desirable living space. Located approximately three miles from the historical city of Durham—with its rich cultural offerings and educational institutions—the property also benefits from nearby connections to major roadways such as the A1(M) Motorway Interchange. This not only enhances commuter access but also contributes to Bowburn's growing appeal as an investment hotspot. In summary, this property holds significant renovation potential in both its structure and location, making it well worth considering for those interested in adding value through investment or personal customization.

Investment Analysis

(DH6 area)
Area Average
£150/sq ft
Avg Rent (weekly)
£143
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (DH6)

Area prices are rising by +8.0% over the last 12 months
3 year growth: 4.3%
5 year growth: 22.9%
Investment Disclaimer: Analysis based on DH6 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

Clarence Street, Bowburn, Durham, County Durham
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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
£275
Based on a loan of £56,250 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