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Oaklands Terrace, Darlington

North East

£56,000

Listed on 19/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terraced house, located in the desirable Dene's area of Darlington, presents a unique investment opportunity or an ideal starter home for first-time buyers. The property features an Entrance Porch leading into a Living Room and Inner Hall with convenient understairs storage. The spacious Kitchen/Diner at the rear offers ample potential for modernisation. Upstairs, you'll find a well-sized double bedroom at the front, a second bedroom to the rear, and a three-piece family bathroom. The exterior includes on-street parking and a generous yard with an outbuilding, which could be repurposed for various uses. Given its proximity to local amenities and the town centre, this property is ripe for renovation and holds great promise for those looking to create value through refurbishment.

Investment Analysis

(DL3 area)
Area Average
£172/sq ft
Avg Rent (weekly)
£152
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DL3)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +0.2%
5 year growth: -3.8%
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

Oaklands Terrace, Darlington
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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
£200
Based on a loan of £42,000 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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