Worst House on the Street Logo
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 1
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 2
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 3
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 4
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 5
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 6
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 7
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 8
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 9
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 10
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 11
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 12
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 13
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 14
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 15
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 16
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 17
Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF - Image 18

Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF

North East

£45,000Guide Price

Listed on 30/06/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced house is located in the tranquil area of Station Town, Wingate, and offers a unique opportunity for buyers seeking to invest in a property with significant potential for renovation. The home retains its traditional charm while standing as a blank canvas ready for modernisation. Upon entry, you will find a spacious hallway that leads to two ample reception rooms filled with natural light from large windows, creating an inviting space ideal for both relaxation and entertaining. The fitted kitchen at the rear provides practical layout options and offers excellent possibilities for updates to suit contemporary tastes. The property boasts two generously proportioned double bedrooms, each designed to accommodate double beds alongside additional furnishings. Notably, one bedroom includes an en-suite W/C, increasing its appeal for families or future tenants. A functional bathroom rounds out the living spaces. With generous room sizes and useful storage throughout, this home emphasizes practicality while providing the opportunity to showcase personal style through renovations. A full new roof has been installed within the last decade, ensuring a solid foundation for any further improvements. Station Town itself benefits from a peaceful village atmosphere while still being well connected to surrounding towns and amenities, thus appealing to first-time buyers and investors alike. Properties have demonstrated strong resale potential; similar homes in the area have seen values near £90,000, with projected rental income around £650 per month depending on market conditions and enhancements made during refurbishment. This property is presented with considerable investment potential — early viewing is advised to grasp all the possibilities it offers.

Interested in similar properties?

Get alerted when similar renovation and investment opportunities become available.

Investment analysis

(TS28 area)
Area Average
£159/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (TS28)

Area prices are falling by -15.8% over the last 12 months
3 year growth: -1.6%
5 year growth: +13.5%
Investment Disclaimer: Analysis based on TS28 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

Milbank Terrace, Station Town, Wingate, Durham, TS28 5EF
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£170
Based on a loan of £33,750 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.