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Grove Road, Tow Law, Bishop Auckland, Durham, DL13 4AG

North East

£45,000

Listed on 10/03/2026

Property details

Bedrooms
3
Type
Terraced

Description

This spacious terrace house presents a prime opportunity for those looking to invest in a renovation project. The property features two generous reception rooms, ideal for both relaxing and entertaining guests. With three sizeable bedrooms, it offers ample space for families or hosts, making it a versatile choice for various lifestyles. The existing bathroom is functional but could benefit from modern updates, providing the new owner with a chance to infuse personal style and enhance comfort. This property is sold chain-free, simplifying the purchasing process and allowing for quicker occupancy. While the home does require some refurbishment, it provides an excellent blank canvas for renovation and improvement. Situated in Tow Law, it benefits from easy access to local amenities alongside picturesque countryside views. This is an appealing prospect for first-time buyers, families seeking more space, or investors looking to expand their portfolio with a property that offers significant potential for value enhancement through thoughtful renovations.

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Investment analysis

(DL13 area)
Area Average
£188/sq ft
Avg Rent (weekly)
£160
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (DL13)

Area prices are falling by -8.4% over the last 12 months
3 year growth: -10.5%
5 year growth: -9.2%
Investment Disclaimer: Analysis based on DL13 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

Grove Road, Tow Law, Bishop Auckland, Durham, DL13 4AG
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£170
Based on a loan of £33,750 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-23.7% since listed
£45,000£5,000(-10.0%)
24/06/2026
Current price
£50,000£9,000(-15.3%)
01/05/2026
£59,000Initial listing
12/03/2026

Next Steps

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