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Belgrave Street, Darlington, DL1 4AN

North East

£45,000
Listed on 07/04/2026

Property Details

Bedrooms
2
Type
Terraced Bungalow

Description

This two-bedroom mid-terrace dormer bungalow presents a promising renovation opportunity, especially for those looking to invest in a property with ample space and potential for improvement. The layout is practical, featuring a sizable lounge and a dining room that opens into the kitchen, providing easy flow between living areas. A ground floor double bedroom and a generously sized bathroom equipped with both a bathtub and separate shower add convenience, while the first floor offers an additional double bedroom with useful eaves storage. The property is partially double glazed with UPVC windows complemented by wooden single glazing in some areas, and it benefits from gas central heating, though the boiler is dated and may need replacement. The exterior features a charming forecourt at the front along with an unusually large garage at the rear—ideal for storage or as a workshop. Given its current condition, this home needs modernisation but lays the groundwork for significant enhancement. With no onward chain, it stands ready for quick acquisition by forward-thinking buyers eager to realise its full potential.

Investment Analysis

(DL1 area)
Area Average
£153/sq ft
Avg Rent (weekly)
£157
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
60
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (DL1)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +11.8%
5 year growth: +19.3%
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

Belgrave Street, Darlington, DL1 4AN
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£159
Based on a loan of £33,750 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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