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St. Chads Close, Bishop Auckland, Durham, DL14

North East

£75,000

Listed on 24/06/2026

Property details

Bedrooms
3
Type
Terraced

Description

This three-bedroom mid-terraced house located in the South Church area of Bishop Auckland offers a solid investment opportunity, especially for those looking to capitalize on its potential as a rental property. Previously utilized as a successful buy-to-let, the home has consistently provided strong rental yields and can either continue in this capacity or be enhanced through cosmetic renovations to maximize both rental income and overall property value. The interior features an entrance hall leading into a spacious lounge and an open-plan dining kitchen. There are three bedrooms and a three-piece family bathroom, with certain areas ripe for modern updates. The property serves as a reliable base, presenting ample opportunities for improvement. Outside, the front garden is laid to lawn while the enclosed rear garden offers a private space for relaxation. Additional outbuildings provide valuable storage options or could be transformed into functional workspaces or utility areas. Situated conveniently close to Bishop Auckland town centre, residents will enjoy easy access to local schools, supermarkets, transport links, and various amenities, ensuring ongoing demand from tenants or future buyers. This property stands out for those ready to invest in renovations—whether you're adding to your portfolio or stepping into the buy-to-let market—making it worthy of serious consideration.

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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

St. Chads Close, Bishop Auckland, Durham, DL14
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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
£283
Based on a loan of £56,250 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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