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Hawthorn Street, Easington Colliery, Co Durham, SR8 - Image 8

Hawthorn Street, Easington Colliery, Co Durham, SR8

North East

£27,000
Listed on 22/01/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace property in Easington presents a significant opportunity for those looking to undertake a comprehensive renovation project. The home requires extensive refurbishment throughout, making it particularly appealing to investors and first-time buyers who have a vision for transforming a space into their ideal home. It offers a solid foundation with essential features such as a lounge with laminate flooring, a kitchen with ample storage and plumbing provisions, and two bedrooms that can be redesigned for modern living. Additionally, the bathroom includes essential fittings but will also require updates to meet current standards. Located conveniently near local amenities, public transport, and schools, this property is situated in a well-established residential area ripe for revitalization. Completing the necessary renovations could lead to an attractive rental yield of £525 per month, providing financial incentive for potential buyers.

Investment Analysis

(SR8 area)
Area Average
£93/sq ft
Avg Rent (weekly)
£126
Avg Yield
6.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
70%
Properties sold annually

Local Market Trend (SR8)

Area prices are rising by +19.5% over the last 12 months
3 year growth: +4.5%
5 year growth: +18.7%
Investment Disclaimer: Analysis based on SR8 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

Hawthorn Street, Easington Colliery, Co Durham, SR8
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£97
Based on a loan of £20,250 over 30 years at 4.06% 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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