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Blaidwood Drive, Durham, DH1

North East

£525,000

Listed on 06/07/2026

Property details

Bedrooms
3
Type
Bungalow
Area
2869 sqft

Description

This detached bungalow presents a substantial opportunity for both residential living and investment development, with planning permission already in place for the construction of two executive homes (Durham Planning Portal Ref: DM/23/01862/FPA). Set within extensive and mature private gardens, the property boasts approximately 2800 sq ft of versatile accommodation, ideal for reconfiguration or enhancement. Internally, it features a reception hall, multiple spacious living areas including a garden room that could serve as an additional guest bedroom, and an expansive breakfasting kitchen fitted with bespoke units. The master suite includes a dressing room and en-suite bathroom, complemented by two further bedrooms and additional bathrooms. Externally, the double garage and vast gardens are significant assets that can be optimized further. Conveniently located near Durham City’s historical attractions and amenities, this property not only offers generous space but also great potential for capital growth through renovation or redevelopment.

Investment analysis

(DH1 area)

Below Market Value

This property is priced -22.7% below area average per sq ft

-22.7%
Potential saving
This Property
£183/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£746,844
10% above area average per sq ft
Potential ROI
+19.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DH1)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +4.4%
5 year growth: +2.6%
Investment Disclaimer: Analysis based on DH1 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

Blaidwood Drive, Durham, DH1
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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
£1,983
Based on a loan of £393,750 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

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