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Blackwell Lane, Darlington

North East

£200,000
Listed on 03/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1210 sqft

Description

Situated in the sought-after area of Blackwell, this semi-detached dormer bungalow offers a blank canvas for those eager to craft a personalized living space. The property, while requiring significant updating, boasts generous room sizes and a corner plot that enhances its appeal. Upon entry, you will find a welcoming hallway leading to two spacious reception rooms, one of which serves as a versatile dining area or third bedroom complete with a conservatory. The kitchen is equipped with ample cabinetry and features a useful pantry for additional storage. Upstairs, there are two well-sized double bedrooms each thoughtfully designed with storage solutions. A shower room with WC further enhances the functionality of the layout. Externally, the property includes a driveway and garage providing valuable parking and storage options, alongside a mature garden that invites relaxation and outdoor gatherings. This bungalow represents an exciting renovation opportunity for investors or families looking to realize their vision in a desirable location.

Investment Analysis

(DL3 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£165/sq ft
Area Average
£168/sq ft
Avg Rent (weekly)
£154
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£222,943
10% above area average per sq ft
Potential ROI
-10.8%
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

Blackwell 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
£733
Based on a loan of £150,000 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