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2 Johnson Street, Eldon Lane, Bishop Auckland, DL14 8TJ - Image 1
2 Johnson Street, Eldon Lane, Bishop Auckland, DL14 8TJ - Image 2
2 Johnson Street, Eldon Lane, Bishop Auckland, DL14 8TJ - Image 3
2 Johnson Street, Eldon Lane, Bishop Auckland, DL14 8TJ - Image 4
2 Johnson Street, Eldon Lane, Bishop Auckland, DL14 8TJ - Image 5
2 Johnson Street, Eldon Lane, Bishop Auckland, DL14 8TJ - Image 6
2 Johnson Street, Eldon Lane, Bishop Auckland, DL14 8TJ - Image 7

2 Johnson Street, Eldon Lane, Bishop Auckland, DL14 8TJ

North East

£10,000

Listed on 16/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This freehold terrace house, positioned conveniently at the intersection with Spencer Street, offers a prime opportunity for investment. Located near the bustling Bishop Auckland Town Centre, residents will benefit from easy access to local amenities and transport links, including Bishop Auckland Train Station. The property spans two floors featuring two bedrooms and a shower room on the first floor. The ground floor includes an entrance hall, living room, and kitchen, all of which present a blank canvas ripe for modernisation. A rear yard adds valuable outdoor space. With vacant possession available upon completion, this property is an enticing project for those looking to refurbish and potentially increase its value significantly.

Investment Analysis

(DL14 area)
Area Average
£125/sq ft
Avg Rent (weekly)
£138
Avg Yield
4.8%

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
44
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DL14)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +5.4%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on DL14 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

2 Johnson Street, Eldon Lane, Bishop Auckland, DL14 8TJ
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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
£38
Based on a loan of £7,500 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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