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5 Grove Road, Tow Law

North East

£66,000
Listed on 19/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terrace property presents a notable opportunity for renovation and investment, with significant updates already initiated by the current owner. Featuring two spacious bedrooms, the layout has been thoughtfully modified to create ensuite bathrooms for both rooms, enhancing functionality and potential rental appeal. Situated in Tow Law, a tranquil town in County Durham, this location combines the charm of rural living with convenient access to local amenities. Residents can enjoy nearby shops such as a small supermarket, convenience stores, butchers, and a primary school. For broader shopping and recreational options, towns like Crook, Bishop Auckland, Durham, and Consett are within a reasonable distance—approximately 10 miles from Durham City and just 6 miles south of Consett. Inside the property, you will find a generous living room that welcomes you with natural light from the front-facing window and features a traditional fireplace. Adjacent is a second reception room that boasts an original stone fireplace; this versatile space could be transformed into an expansive kitchen if desired, thus maximizing living space. The existing kitchen at the rear includes essential base units and a new combi boiler. A rear porch leads to a convenient ground floor WC and provides access to the private outdoor yard. The first floor comprises two well-sized bedrooms, both featuring modern ensuite facilities—an upgrade that resolves previous layout challenges regarding bathroom access. One bedroom has had fitted wardrobes removed to amplify its size. Most of the first-floor walls have been replastered to facilitate plumbing work for the new ensuites. Externally, the property benefits from a small front garden and a private rear yard accessible via a back lane. The potential here is clear: further renovations could enhance both aesthetic appeal and market value. This home is equipped with mains electricity, water, drainage, and gas central heating. It falls under Council Tax Band A in Durham County Council jurisdiction and holds an Energy Performance Certificate rating of E (52). Broadband availability appears strong in this area along with reliable mobile connectivity. Given its promising location combined with ongoing renovations that cater to contemporary living demands, this property holds substantial investment potential for those looking to capitalize on growth opportunities in Tow Law.

Investment Analysis

(DL13 area)
Area Average
£185/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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
15%
Properties sold annually

Local Market Trend (DL13)

Area prices are falling by +15.0% over the last 12 months
3 year growth: -10.9%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on DL13 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.

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Location

5 Grove Road, Tow Law
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