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Chapel Terrace, Rookhope, DL13

North East

£80,000
Listed on 12/05/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
733 sqft

Description

Nestled in the charming village of Rookhope, this two-bedroom end-terraced house offers a unique opportunity for renovation enthusiasts and first-time buyers alike. The property, which comes to the market chain-free, features spacious rooms that are ripe for modernization. A fresh bathroom and kitchen, along with new decor throughout, would significantly enhance this property's appeal while allowing you to infuse your style into the space. The enclosed rear yard not only provides a private outdoor area but also holds potential for converting existing outbuildings into functional spaces. Inside, the layout includes an entrance porch leading to a generous living room with picturesque views and an open fire setting the scene for cozy evenings. The practical kitchen has access to both the yard and the staircase leading to two double bedrooms on the first floor along with a bathroom centrally located. Outside, the front garden is a sunlit patio area framed by scenic hillsides, and additional useful storage can be found in the yard's coal shed and external WC. This property represents an excellent canvas for those looking to create their perfect home in a tranquil rural environment.

Investment Analysis

(DL13 area)

Below Market Value

This property is priced -41.1% below area average per sq ft

-41.1%
Potential saving
This Property
£109/sq ft
Area Average
£185/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£149,407
10% above area average per sq ft
Potential ROI
+42.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DL13)

Area prices are falling by -9.5% over the last 12 months
3 year growth: -9.0%
5 year growth: -7.4%
Investment Disclaimer: Analysis based on DL13 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

Chapel Terrace, Rookhope, DL13
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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
£285
Based on a loan of £60,000 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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