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Palm Street, Langley Park, Durham, DH7 - Image 7
Palm Street, Langley Park, Durham, DH7 - Image 8

Palm Street, Langley Park, Durham, DH7

North East

£40,000

Listed on 28/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This mid-terraced house presents a blank canvas for investors or DIY enthusiasts looking to add value through renovation. The property, which consists of two bedrooms, is equipped with double glazing, electric central heating, and solar panels, offering energy efficiency potential. Inside, the layout includes an entrance lobby leading to a lounge, kitchen with ample space for appliances, and a first-floor bathroom that requires modernisation. The external areas feature a small front garden and a rear courtyard, perfect for enhancement. Located in Langley Park, just six miles from Durham City Centre and close to local shops and amenities, this property benefits from good transport links via the nearby A691 highway. Given its current condition and the opportunity for substantial updates, it’s an attractive prospect for those willing to undertake renovation work.

Investment Analysis

(DH7 area)
Area Average
£163/sq ft
Avg Rent (weekly)
£176
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DH7)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +8.1%
5 year growth: +3.0%
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

Palm Street, Langley Park, Durham, DH7
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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
£143
Based on a loan of £30,000 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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