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Osborne Terrace, Leeholme, Bishop Auckland, DL14

North East

£65,000
Listed on 02/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
977 sqft

Description

This mid-terraced house presents a compelling opportunity for investors or first-time buyers looking to create a personalized living space. Offered with no onward chain, the property requires renovation to unlock its full potential. The layout includes a welcoming entrance hallway leading to a front-facing living room adorned with a bay window, seamlessly connected to the dining area via sliding doors. The galley kitchen, while functional, could benefit from modern updates and offers ample storage units along with space for free-standing appliances. A practical utility lean-to adds further convenience, while the rear of the property features a shower room/WC. Upstairs, two double bedrooms come equipped with fitted wardrobes. Outside, both front and rear areas are paved, providing manageable outdoor spaces. This property offers notable investment potential in a desirable location within Durham County Council jurisdiction.

Investment Analysis

(DL14 area)

Below Market Value

This property is priced -45.2% below area average per sq ft

-45.2%
Potential saving
This Property
£67/sq ft
Area Average
£122/sq ft
Avg Rent (weekly)
£126
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£130,576
10% above area average per sq ft
Potential ROI
+45.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DL14)

Area prices are rising by +6.0% over the last 12 months
3 year growth: +3.6%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on DL14 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

Osborne Terrace, Leeholme, Bishop Auckland, DL14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£230
Based on a loan of £48,750 over 30 years at 3.91% 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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