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Finney Terrace, Durham, DH1

North East

£210,000
Listed on 23/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced house presents a solid opportunity for those seeking a property with renovation potential in a prime location near Durham City Centre. Just a short walk from the bustling Market Place, this home is conveniently situated close to numerous shopping and recreational options, as well as key educational institutions. The property features an entrance lobby that leads into an open-plan lounge and dining area, which includes an inviting open fireplace—perfect for creating a cozy atmosphere. The kitchen includes essential amenities and ample space for appliances, while adjacent to it lies a useful walk-in pantry cupboard that could be transformed into additional storage or workspace. Upstairs, the two bedrooms offer natural light and space; the main bedroom overlooks the front garden and benefits from fitted wardrobes. The family bathroom is equipped with standard fixtures and has room for modern upgrades. While the interior spaces could benefit from modernisation to maximise their potential, the layout provides a flexible canvas for improvements tailored to personal taste or rental appeal. Externally, the front garden requires attention but holds possibilities for landscaping or outdoor enjoyment, while the rear courtyard offers additional space with potential for enhancement. The property's location is not only advantageous for quick access to urban amenities but also offers proximity to scenic riverbanks ideal for leisurely strolls. With easy access to major roadways like the A690 and A1(M), commuting further afield is straightforward. This property represents an appealing project for investors or homeowners looking to put their personal touch on a residence in an attractive area close to all that Durham has to offer.

Investment Analysis

(DH1 area)
Area Average
£235/sq ft
Avg Rent (weekly)
£352
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DH1)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 3.1%
5 year growth: 3.8%
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

Finney Terrace, Durham, DH1
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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
£769
Based on a loan of £157,500 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