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Napier Street, Darlington

North East

£75,000
Listed on 21/08/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
761 sqft

Description

This mid-terraced house presents a solid investment opportunity, particularly appealing to first-time buyers or those looking to enhance their property portfolio. The home features a traditional layout that includes a living room, kitchen, bathroom, and two generously sized double bedrooms. While the property does require some modernization, this offers a great chance for new owners to personalize the space and potentially increase its value through renovations. Conveniently located within walking distance of the town center, residents will enjoy easy access to a variety of shops, cafes, and essential local services. This prime location not only enhances daily living but also supports potential rental demand if you're considering an investment strategy. Additionally, on-street parking is available with permits, adding further convenience for residents. The property benefits from gas central heating and double glazing, which are important features that contribute to overall comfort and energy efficiency. With freehold tenure and essential services like mains electricity, water, and drainage already in place, this house offers a reliable foundation for anyone looking to invest or make it their home. The local authority is Darlington Borough Council (Tax Banding A), which may also present favorable conditions for future improvements.

Investment Analysis

(DL3 area)

Below Market Value

This property is priced -41.2% below area average per sq ft

-41.2%
Potential saving
This Property
£99/sq ft
Area Average
£168/sq ft
Avg Rent (weekly)
£154
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£140,214
10% above area average per sq ft
Potential ROI
+47.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (DL3)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 6.7%
5 year growth: 1.4%
Investment Disclaimer: Analysis based on DL3 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

Napier Street, 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
£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