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Cedar Road, Bishop Auckland

North East

£45,995
Listed on 12/03/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced house in the heart of Bishop Auckland presents a compelling opportunity for investors or homeowners looking to create their ideal space. The property, while functional, requires modernisation throughout and offers excellent potential for enhancement. Key features include an entrance hallway leading to a lounge with a traditional fire surround and an adjoining kitchen/breakfast area equipped with essential fixtures. A ground-floor bathroom completes the utility of this level. Upstairs, you'll find two good-sized bedrooms that can be reimagined for comfort and style. The home benefits from gas central heating and partial double glazing, providing a solid foundation for further improvements. Outside, the enclosed rear yard features a brick outhouse, offering additional storage or potential for conversion. Located within walking distance of local amenities and Bishop Auckland General Hospital, this property is ideally situated for both personal use and rental appeal.

Investment Analysis

(DL14 area)
Area Average
£118/sq ft
Avg Rent (weekly)
£127
Avg Yield
4.9%

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
47
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (DL14)

Area prices are rising by +10.6% over the last 12 months
3 year growth: +4.8%
5 year growth: +13.4%
Investment Disclaimer: Analysis based on DL14 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

Cedar Road, Bishop Auckland
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£166
Based on a loan of £34,496 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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