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Drigg, Holmrook

North East

£150,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
962 sqft

Description

This semi-detached property is a long-standing family home, now awaiting a new owner to bring it back to life. Situated in a charming countryside location, it offers the potential for imaginative renovation, making it an ideal project for those looking to invest. With two generous reception rooms and three well-sized bedrooms, there's ample opportunity to redesign the layout and aesthetic according to personal preferences. The property boasts scenic rural views and easy access to local amenities, enhancing its appeal for families or retirees seeking tranquility alongside convenience. A blank canvas at its core, this house presents a unique chance to infuse it with modern comforts while preserving its character. Notable features include a solid fuel heating system, mains water and electricity, as well as a septic tank drainage system. The outdoor space includes a sizable rear yard that requires attention but has great potential for landscaping and outdoor living areas.

Investment Analysis

(CA19 area)

Below Market Value

This property is priced -35.2% below area average per sq ft

-35.2%
Potential saving
This Property
£156/sq ft
Area Average
£241/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £50,000
Target Value
£254,603
10% above area average per sq ft
Potential ROI
+27.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
83%
Properties sold annually
Investment Disclaimer: Analysis based on CA19 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

Drigg, Holmrook
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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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