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Front Street, Broompark, Durham, DH7 - Image 1
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Front Street, Broompark, Durham, DH7

North East

£72,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
764 sqft

Description

This two-bedroom terraced property presents a promising renovation opportunity in the desirable village of Broompark. With spacious rooms and a layout conducive to modernisation, it's an ideal project for investors or first-time buyers looking to enhance their living space. The property features a rear garage, adding value as secure parking or additional storage—an uncommon advantage for properties in this area. Its proximity to Durham City Centre, along with local amenities and excellent transport links, further enhances its appeal. A thorough inspection is recommended to appreciate the potential that lies within this home.

Investment Analysis

(DH7 area)

Below Market Value

This property is priced -40.3% below area average per sq ft

-40.3%
Potential saving
This Property
£94/sq ft
Area Average
£158/sq ft
Avg Rent (weekly)
£166
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£132,741
10% above area average per sq ft
Potential ROI
+36.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DH7)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 9.0%
5 year growth: 13.5%
Investment Disclaimer: Analysis based on DH7 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

Front Street, Broompark, Durham, DH7
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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
£264
Based on a loan of £54,000 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