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Devonshire Road, Belmont, Durham, DH1 - Image 1
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Devonshire Road, Belmont, Durham, DH1

North East

£230,000
Listed on 27/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached house presents an excellent opportunity for renovation and investment. While the property shows signs of its age and requires comprehensive cosmetic updates, it offers a solid structure and spacious layout that can be transformed into a modern family home. Upon entering, you’ll find a welcoming entrance porch leading to a hallway that connects to various living spaces. The generous lounge features a traditional fireplace, creating a cozy focal point while seamlessly flowing into the dining room. Here, sliding patio doors provide access to the rear garden, which enjoys a private outlook—ideal for outdoor entertaining or gardening enthusiasts. The kitchen, equipped with ample storage in the form of floor and wall units, has potential for reconfiguration to fit contemporary needs. Additionally, a utility room offers practical space for laundry and housekeeping tasks. The first floor hosts three bedrooms, two of which include built-in wardrobes for added convenience, while the third benefits from an over-stairs storage cupboard—a useful feature in optimizing space. A shower room complete with an electric shower and ready-to-upgrade fixtures is complemented by a separate WC. Outdoors, the property boasts well-maintained gardens both at the front and rear. The rear garden is particularly appealing due to its privacy and established borders filled with flowering shrubs. A driveway leads to a garage with an up-and-over door, providing off-street parking. Located within a short distance of essential amenities—including shops, a post office, library, and medical facilities—the home is also conveniently positioned near Durham City Centre, approximately three miles away. For commuters, easy access to major routes such as the A(690) towards Sunderland and the A1(M) enhances travel options both northward and southward. This property represents not just a home but also an investment opportunity for those looking to add value through renovation in this desirable area. With thoughtful updates, this house could be transformed into an appealing residence or rental option that aligns with current market expectations.

Investment Analysis

(DH1 area)
Area Average
£235/sq ft
Avg Rent (weekly)
£352
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DH1)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 3.1%
5 year growth: 3.8%
Investment Disclaimer: Analysis based on DH1 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

Devonshire Road, Belmont, Durham, DH1
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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
£843
Based on a loan of £172,500 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