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Elliotts Buildings, North Road , Catchgate

North East

£145,000
Listed on 02/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
768 sqft

Description

This semi-detached bungalow, set on a generous plot in Catchgate, presents an appealing opportunity for investors and those looking to create their ideal home. With no upper chain, the property is ready for new ownership. The single-level layout consists of an entrance lobby leading into a central hallway that connects to a spacious lounge, a kitchen/diner with ample dining space, two comfortable bedrooms, and a bathroom. Although the interiors are somewhat dated and would greatly benefit from modernisation, the well-proportioned rooms and practical design provide a solid foundation for renovation. Outside, the bungalow boasts gardens on three sides, a detached garage for additional storage or potential workspace, and generous off-road parking that could be further enhanced by converting part of the side garden. This property is particularly suited for downsizers or developers seeking a manageable project in an established location. Early viewing is encouraged to fully grasp its potential.

Investment Analysis

(DH9 area)

Above Market Value

This property is priced +63.5% above area average per sq ft

+63.5%
This Property
£189/sq ft
Area Average
£116/sq ft
Avg Rent (weekly)
£144
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£97,574
10% above area average per sq ft
Potential ROI
-44.2%
After renovation
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
34%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +11.5% over the last 12 months
3 year growth: +10.7%
5 year growth: +22.3%
Investment Disclaimer: Analysis based on DH9 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

Elliotts Buildings, North Road , Catchgate
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£523
Based on a loan of £108,750 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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