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1 Lorn Walk, Darlington, Durham DL1 3QL - Image 1
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1 Lorn Walk, Darlington, Durham DL1 3QL

North East

£55,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace home presents a promising opportunity for investors and renovators alike, requiring modernisation throughout. Equipped with double glazing and electric heating, it offers a solid foundation to begin updates. Located on a residential street, the property is conveniently close to local shops, amenities, and the open spaces of Springfield Park. Transport links via North Road (Darlington) rail station provide easy connectivity for commuting or leisure.<br><br>The ground floor comprises an entrance hallway, WC, kitchen, and reception room, while the first floor features three bedrooms and a bathroom. A rear garden adds outdoor space potential.<br><br>With a freehold tenure and an EPC rating of E, this property stands out as an ideal candidate for significant renovation. Buyers should note that this property will be auctioned live on 26 March 2026, where binding contracts will be exchanged upon sale.

Investment Analysis

(DL1 area)
Area Average
£154/sq ft
Avg Rent (weekly)
£160
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (DL1)

Area prices are rising by +6.1% over the last 12 months
3 year growth: +11.5%
5 year growth: +19.4%
Investment Disclaimer: Analysis based on DL1 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

1 Lorn Walk, Darlington, Durham DL1 3QL
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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
£198
Based on a loan of £41,250 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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