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Derwent Street, Easington Lane, DH5

North East

£75,000
Listed on 07/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
695 sqft

Description

This 2-bedroom terraced property presents a promising opportunity for renovation, situated in a well-connected area with easy access to shops and transport links. The spacious layout provides generous room sizes that can be tailored to individual preferences, making it an attractive prospect for first-time buyers or investors seeking to capitalize on its potential. The property features a functional kitchen with ample storage, flowing into a bright dining room and an inviting reception area. Upstairs, both bedrooms are generous in size and benefit from natural light, complemented by a family bathroom that could be updated to enhance modern living. With its strategic location ideal for families and commuters alike, this property is ripe for transformation into a desirable home, making early viewing advisable to fully grasp the investment possibilities it offers.

Investment Analysis

(DH5 area)

Below Market Value

This property is priced -35.5% below area average per sq ft

-35.5%
Potential saving
This Property
£108/sq ft
Area Average
£167/sq ft
Avg Rent (weekly)
£154
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£127,939
10% above area average per sq ft
Potential ROI
+27.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (DH5)

Area prices are rising by +2.9% over the last 12 months
3 year growth: -5.5%
5 year growth: -2.8%
Investment Disclaimer: Analysis based on DH5 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

Derwent Street, Easington Lane, DH5
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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
£270
Based on a loan of £56,250 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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