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Chapel Cottages, Alexander Street, Darlington, DL1 2JY - Image 1
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Chapel Cottages, Alexander Street, Darlington, DL1 2JY

North East

£100,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Cottage
Area
947 sqft

Description

This impressive three-bedroom residence, originally a chapel conversion by Blacketts in 1992, presents a unique investment opportunity in the popular Haughton area of Darlington. With its spacious layout and character features, this home is positioned conveniently near local amenities, reputable schools, and excellent transport links, including Darlington Train Station. While the property is currently in need of some modernisation, it boasts distinct potential for those looking to add value. Key features include a mix of timber and uPVC double-glazed windows, gas central heating, and neutral decor that provides a blank canvas for renovation. The forecourt at the front offers curb appeal while pedestrian access to the rear facilitates private outdoor space. Internally, the layout comprises an entrance hall leading into a generous lounge and a sizable dining kitchen. The ground floor also includes an understairs storage area and WC for convenience. Upstairs are three well-proportioned bedrooms alongside a family bathroom equipped with essential fittings. This property benefits from valid gas safety and electrical installation certificates, further assuring safety for prospective buyers. Overall, it appeals to first-time buyers, small families or investors seeking an attractive project in a desirable location.

Investment Analysis

(DL1 area)

Below Market Value

This property is priced -31.4% below area average per sq ft

-31.4%
Potential saving
This Property
£106/sq ft
Area Average
£154/sq ft
Avg Rent (weekly)
£153
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£160,422
10% above area average per sq ft
Potential ROI
+28.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (DL1)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +7.5%
5 year growth: +15.3%
Investment Disclaimer: Analysis based on DL1 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 Cottages, Alexander Street, Darlington, DL1 2JY
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£378
Based on a loan of £75,000 over 30 years at 4.45% 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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