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New Road, Crook

North East

£140,000
Listed on 16/03/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
1265 sqft

Description

This two-bedroom semi-detached bungalow presents a unique opportunity for investors or homeowners looking to customize their living space. Set within walking distance of Crook town centre, the property is being sold with no onward chain, making it an appealing option for quick buyers. It boasts practical features, including off-road parking and a garage/workshop that could serve multiple purposes. While the property has a solid foundation with improvements such as a new roof (installed in 2020) and double-glazed windows, it requires refurbishment—an opportunity for you to create your ideal home. Internally, the layout includes an entrance vestibule leading to a central hallway. The spacious lounge is bright and airy, while the kitchen is equipped with a solid fuel stove and connects to a conservatory that opens into the gardens. A second reception room can be transformed into another bedroom or kept as a versatile space. The enclosed gardens provide privacy and potential for landscaping, complemented by access through double gates to the detached garage with power supply. Given its favorable location near local amenities and transport links, this bungalow not only offers comfortable living space but also significant renovation potential to increase its value.

Investment Analysis

(DL15 area)

Below Market Value

This property is priced -14.0% below area average per sq ft

-14.0%
Potential saving
This Property
£111/sq ft
Area Average
£129/sq ft
Avg Rent (weekly)
£126
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£179,016
10% above area average per sq ft
Potential ROI
+5.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (DL15)

Area prices are rising by +19.2% over the last 12 months
3 year growth: +10.3%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on DL15 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

New Road, Crook
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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
£505
Based on a loan of £105,000 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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