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The Avenue, Coxhoe, Durham

North East

£74,950
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1081 sqft

Description

This three-bedroom mid-terraced house is positioned conveniently close to the town center, offering easy access to local amenities and services. With a solid foundation and spacious interiors, the property presents a unique opportunity for those looking to invest in a home with renovation potential. Upon entering, you are greeted by a welcoming entrance hall leading into the lounge, which features a bay window that fills the space with natural light. The adjoining dining room boasts an open staircase to the first floor, enhancing the home's layout's flow. The kitchen comes equipped with a range of wall and floor units, offering a functional space where modern updates could significantly enhance its value. A rear vestibule provides access to a double-glazed porch and sliding patio doors that open into a private courtyard area—ideal for outdoor relaxation or entertaining. The bathroom features essential amenities but is ripe for modernization to improve both comfort and appeal. Upstairs, the landing gives way to three well-proportioned bedrooms. Each bedroom has ample space for personal customization and could benefit from contemporary design touches. Built-in wardrobes in one of the bedrooms provide additional utility while maintaining floor space. Outside, the property includes a forecourt and an enclosed rear courtyard, along with a garage located nearby. This extra storage option adds practicality to urban living, making it attractive for families or investors seeking rental opportunities. While the house would benefit from updating throughout, its location near the town center combined with existing structural advantages presents significant investment potential. This property invites creativity and vision to transform it into a modern home tailored to personal tastes or as an attractive rental property in a desirable area. An early viewing is recommended to explore this opportunity fully.

Investment Analysis

(DH6 area)

Below Market Value

This property is priced -54.0% below area average per sq ft

-54.0%
Potential saving
This Property
£69/sq ft
Area Average
£151/sq ft
Avg Rent (weekly)
£148
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£179,257
10% above area average per sq ft
Potential ROI
+55.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DH6)

Area prices are rising by +10.0% over the last 12 months
3 year growth: 4.5%
5 year growth: 22.8%
Investment Disclaimer: Analysis based on DH6 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

The Avenue, Coxhoe, Durham
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