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Greenwell Street, Darlington

North East

£80,000
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This 3-bedroom terrace home presents an exciting opportunity for those interested in renovating or investing. Located conveniently near Darlington town centre, the property is within easy reach of local shops, schools, and reliable transport links. While the interior requires updating, it offers a spacious layout that can be transformed into a personalized living space. The potential for modernization allows first-time buyers to design their ideal home, while investors will find the property an attractive option for generating rental income due to its strategic location and prospective tenant demand. With a blank canvas awaiting your vision, this home is well-positioned for both personal enjoyment and financial growth. Additionally, it falls under Council Tax Band A with freehold tenure, making it an appealing choice for those looking to invest in the area.

Investment Analysis

(DL1 area)
Area Average
£160/sq ft
Avg Rent (weekly)
£157
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (DL1)

Area prices are rising by +7.5% over the last 12 months
3 year growth: 11.9%
5 year growth: 19.6%
Investment Disclaimer: Analysis based on DL1 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

Greenwell Street, Darlington
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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
£293
Based on a loan of £60,000 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