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Falcon Way, Esh Winning, Durham

North East

£160,000
Listed on 13/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
603 sqft

Description

This two-bedroom detached bungalow, located in a quiet cul-de-sac in the sought-after village of Esh Winning, presents an excellent renovation opportunity for those looking to invest. The property features a spacious open-plan living and dining area, a functional kitchen, and two bedrooms, along with a wet room and a conservatory that could benefit from modern updates. The layout is practical, allowing for various design possibilities to enhance both functionality and aesthetic appeal. The outdoor space includes mature gardens at the front and rear, providing ample potential for landscaping or garden enhancements. With off-street parking available via a double-length driveway leading to a detached garage, this property offers convenience alongside its investment potential. The rear garden benefits from privacy and scenic countryside views, making it an inviting space once rejuvenated. With no onward chain, this bungalow is ready for someone to bring their vision to life.

Investment Analysis

(DH7 area)

Above Market Value

This property is priced +65.8% above area average per sq ft

+65.8%
This Property
£265/sq ft
Area Average
£160/sq ft
Avg Rent (weekly)
£174
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£106,128
10% above area average per sq ft
Potential ROI
-46.9%
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
20%
Properties sold annually

Local Market Trend (DH7)

Area prices are stable by +0.1% over the last 12 months
3 year growth: +10.0%
5 year growth: +7.4%
Investment Disclaimer: Analysis based on DH7 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

Falcon Way, Esh Winning, Durham
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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
£567
Based on a loan of £120,000 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.

Stamp Duty Calculator

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