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Oaklands Terrace, Darlington

North East

£60,000
Listed on 08/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

Presenting a two-bedroom mid-terraced house located in the desirable Dene's area of Darlington, this property holds significant promise for both first-time buyers and investors aiming for buy-to-let opportunities. The home features an entrance porch leading to a living room, an inner hall with practical understairs storage, and a spacious kitchen/diner that opens up to the rear yard. On the first floor, you will find a sizable double bedroom at the front, a second bedroom at the back, and a family bathroom. The exterior offers on-street parking as well as a generous yard with an outbuilding, providing potential for garden enhancements or additional storage solutions. While currently functional, this property could benefit from cosmetic updates and some reconfiguration to maximize rental or resale value. With its prime location near local amenities and the town center, this home is ideally placed for those looking to invest in renovation or personal customization.

Investment Analysis

(DL3 area)
Area Average
£169/sq ft
Avg Rent (weekly)
£153
Avg Yield
4.2%

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
53
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (DL3)

Area prices are rising by +9.2% over the last 12 months
3 year growth: +9.8%
5 year growth: +2.3%
Investment Disclaimer: Analysis based on DL3 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

Oaklands Terrace, Darlington
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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
£216
Based on a loan of £45,000 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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