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North Lane, Elwick, Hartlepool

North East

£265,000
Listed on 08/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached home offers a substantial opportunity for those interested in renovation and investment. Nestled within a spacious plot in the charming village of Elwick, the property features expansive gardens both at the front and rear, which provide ample outdoor space and potential for landscaping or further development. While the home requires modernization, this presents an exciting canvas for buyers to infuse their personal style and preferences. The layout includes distinct living areas that, with thoughtful updates, could be transformed into inviting spaces suitable for family living. The living room benefits from multiple windows, allowing natural light to flow through, while the kitchen-diner offers a functional space that is ready for reconfiguration or enhancement. The utility room adds practicality with plumbing options for additional appliances, making it conducive for everyday use. Upstairs, the four bedrooms offer spaciousness along with built-in storage solutions. Each room's size suggests potential redesigning opportunities to create either more individual spaces or en-suite facilities if desired. Externally, a long private driveway leads to a tandem garage, providing generous off-street parking and viability for future development projects (subject to planning permissions). The extensive grounds allow for possibilities such as garden enhancements or extensions to improve living space. Located in a highly sought-after village setting, this property not only promises a comfortable home but also serves as an excellent investment opportunity. With its no onward chain status simplifying the purchasing process, it is well-positioned for those looking to establish roots in Elwick while embarking on a rewarding renovation journey.

Investment Analysis

(TS27 area)
Area Average
£196/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (TS27)

Area prices are rising by +8.6% over the last 12 months
3 year growth: 7.6%
5 year growth: 51.7%
Investment Disclaimer: Analysis based on TS27 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

North Lane, Elwick, Hartlepool
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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
£971
Based on a loan of £198,750 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