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North Terrace, Willington, Crook

North East

£40,000
Listed on 07/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This generously proportioned terraced house, situated in the desirable area of Willington, presents an excellent opportunity for those looking to invest in a property that can be tailored to their personal taste. Benefiting from two spacious double bedrooms, this home is set within a community-focused location and is conveniently located near local amenities as well as major transport links to Durham City and Darlington. While the interior requires significant updating, the existing features include gas central heating and double glazing throughout. The layout offers a welcoming entrance that leads into a sizable lounge measuring approximately 16ft, alongside an open-plan kitchen/dining area with ample built-in cabinetry and access to a private rear yard. The first floor comprises two well-sized bedrooms and a bathroom. With external aspects open at the front and an enclosed yard at the back, this property holds substantial potential for transformation. It is highly recommended that interested parties arrange an internal viewing to fully grasp the space available and the renovation possibilities ahead.

Investment Analysis

(DL15 area)
Area Average
£126/sq ft
Avg Rent (weekly)
£151
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DL15)

Area prices are rising by +15.4% over the last 12 months
3 year growth: 8.4%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on DL15 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

North Terrace, Willington, Crook
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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
£147
Based on a loan of £30,000 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