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62 High Street, Willington, Crook, County Durham DL15 0PF - Image 1

62 High Street, Willington, Crook, County Durham DL15 0PF

North East

£20,000
Listed on 29/04/2026

Property Details

Bedrooms
4
Type
Terraced

Description

This freehold terraced property presents a significant renovation opportunity for investors and developers alike. While the exact layout remains unconfirmed due to lack of access, the property has historically been used as either a four-bedroom residential unit or divided into two separate two-bedroom flats, mirroring other homes on the street. Given its previous use as a commercial space turned residential, there is potential for creative redevelopment. The current state of the property is described as poor, indicating a full renovation will be required throughout to restore and modernize it. As it's being sold without possession and viewings are not available, prospective buyers should exercise due diligence and consult the legal pack for more details on this auction lot. With proper investment and vision, this property could be transformed into valuable accommodation in the North East.

Investment Analysis

(DL15 area)
Area Average
£128/sq ft
Avg Rent (weekly)
£141
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DL15)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +7.4%
5 year growth: +5.3%
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

62 High Street, Willington, Crook, County Durham DL15 0PF
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£71
Based on a loan of £15,000 over 30 years at 3.97% 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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