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Newton Lane, Darlington

North East

£130,000
Listed on 22/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
849 sqft

Description

This semi-detached house on Newton Lane is a promising option for those interested in a renovation project or investment opportunity. It offers the allure of no onward chain, ensuring a straightforward transition for buyers. The property is ideally situated within walking distance to Cockerton village, providing easy access to local shops, eateries, and community amenities which can enhance the living experience. Inside, you are greeted by a spacious hallway that leads to two generous reception rooms, ideal for everyday living and hosting gatherings. The kitchen provides a practical layout with potential for modernization. On the upper level, there are three well-sized bedrooms that offer comfortable retreats, complemented by a shower room and WC. Outside, the property features well-maintained front gardens and an expansive rear garden. This outdoor space not only invites leisure and enjoyment but also presents significant potential for expansion or landscaping improvements, subject to obtaining the necessary planning permissions. This could be an opportunity to craft a bespoke outdoor area that suits your lifestyle. Overall, this home serves as a blank canvas ready for customization, making it an attractive option for both families looking to create their dream residence and investors seeking properties with growth potential in a desirable location. With its blend of size, potential for enhancement, and proximity to essential services, this property warrants consideration from those looking to make their mark in the area. General Information: Tenure: Freehold; Services: gas central heating, mains electric, water and drainage; Double glazing; Local Authority: Darlington Borough Council (Tax Banding A).

Investment Analysis

(DL3 area)

Below Market Value

This property is priced -8.6% below area average per sq ft

-8.6%
Potential saving
This Property
£153/sq ft
Area Average
£168/sq ft
Avg Rent (weekly)
£154
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£8,000 - £15,000
Target Value
£156,428
10% above area average per sq ft
Potential ROI
+7.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (DL3)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 6.7%
5 year growth: 1.4%
Investment Disclaimer: Analysis based on DL3 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

Newton Lane, 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
£476
Based on a loan of £97,500 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