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Alexandra Terrace, Crook

North East

£120,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1249 sqft

Description

This three-bedroom terraced property, nestled in the center of Crook, presents an opportunity for renovation and investment. With a variety of local amenities—including shops, medical facilities, and schools—the location is well-suited for families and commuters alike. This home is currently in need of modernization, allowing the new owner to customize the spaces to fit their vision. The ground floor features an entrance hall that leads to two reception rooms; the front lounge boasts a charming bay window and brick fireplace, while the rear dining room includes alcove storage and access to a convenient under-stairs cupboard. The kitchen, equipped with wooden cabinets and space for appliances, opens into a rear porch leading to the outdoor area. Upstairs, you'll find three bedrooms—two generously sized—with built-in storage options. The bathroom includes a four-piece suite that presents an opportunity for updates or reconfiguration to enhance functionality. Outside, the property offers both front and rear garden spaces, as well as a garage plot with double doors that could serve various purposes. The enclosed rear yard provides additional outdoor space with potential for improvement or landscaping. With energy-efficient features indicated by an EPC grade of C and its prime location within a historically rich area of Crook, this property holds significant potential as an investment or family home. Buyers should note that the property is unregistered, requiring first registration upon purchase; further details can be obtained through legal representatives. This property is not just a home but an opportunity waiting to be shaped into something unique.

Investment Analysis

(DL15 area)

Below Market Value

This property is priced -23.6% below area average per sq ft

-23.6%
Potential saving
This Property
£96/sq ft
Area Average
£126/sq ft
Avg Rent (weekly)
£151
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£172,837
10% above area average per sq ft
Potential ROI
+8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DL15)

Area prices are rising by +15.4% over the last 12 months
3 year growth: 8.4%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on DL15 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

Alexandra Terrace, Crook
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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
£440
Based on a loan of £90,000 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