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Catchwell Road, Dipton, DH9 - Image 1
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Catchwell Road, Dipton, DH9

North East

£59,000
Listed on 20/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
686 sqft

Description

This property represents a significant opportunity for renovation and investment, perfect for those looking to create a customized living space or capitalize on its potential. The home requires complete refurbishment, providing a blank canvas for creative vision. Nestled in the semi-rural village of Dipton, the location offers serene countryside views while maintaining close proximity to essential amenities and efficient transportation links. This combination makes it an attractive prospect for both homeowners and investors. On the ground floor, you will find an entrance hall that leads into a spacious lounge, a functional kitchen, and a sunroom that opens up to scenic vistas. Additionally, there is a bathroom conveniently located on this level. The first floor features two generously sized double bedrooms along with a separate WC. Considering the current market demand for properties in this area, this home has considerable investment potential. With thoughtful renovations, it could transform into a highly desirable residence or rental opportunity. Early viewings are encouraged to fully appreciate what this property has to offer.

Investment Analysis

(DH9 area)

Below Market Value

This property is priced -27.1% below area average per sq ft

-27.1%
Potential saving
This Property
£86/sq ft
Area Average
£118/sq ft
Avg Rent (weekly)
£146
Avg Yield
5.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£89,043
10% above area average per sq ft
Potential ROI
-35.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +10.1% over the last 12 months
3 year growth: 8.9%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on DH9 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

Catchwell Road, Dipton, DH9
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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
£216
Based on a loan of £44,250 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