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Eldon Street, Darlington

North East

£65,000
Listed on 18/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
645 sqft

Description

This mid-terrace house features two bedrooms and is situated in the desirable Harrowgate Hill area of Darlington, a location known for its proximity to essential amenities. The property is currently in need of modernization, presenting a significant opportunity for enhancement and value addition, making it an attractive option for buy-to-let investors. Within walking distance are local shops, schools, and transport links including North Road railway station and frequent bus services to the town centre. The home benefits from gas central heating and double glazing but requires cosmetic updates to reach its full potential. The layout includes an entrance vestibule leading to a lounge with a feature fireplace, a fitted kitchen, and a utility room on the ground floor. Upstairs, there are two bedrooms—one featuring fitted wardrobes—and a first-floor bathroom equipped with a white suite. Externally, an enclosed rear yard provides outdoor space for relaxation or small gatherings.

Investment Analysis

(DL3 area)

Below Market Value

This property is priced -42.2% below area average per sq ft

-42.2%
Potential saving
This Property
£101/sq ft
Area Average
£174/sq ft
Avg Rent (weekly)
£152
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£123,666
10% above area average per sq ft
Potential ROI
+37.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DL3)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +2.6%
5 year growth: -4.8%
Investment Disclaimer: Analysis based on DL3 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

Eldon Street, Darlington
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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.

Stamp Duty Calculator

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