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Laburnum Avenue, Durham, DH1

North East

£330,000Guide Price

Listed on 13/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
872 sqft

Description

Located on the desirable Laburnum Avenue in Durham's viaduct district, this traditional three-bedroom Victorian mid-terrace property offers an exceptional chance for buyers to undertake a comprehensive renovation. With the potential for modernization throughout, this residence serves as a blank canvas ideal for those looking to create a stunning family home or an attractive investment opportunity in one of Durham's most desirable locations. The layout includes a welcoming entrance hallway, spacious reception areas, and a kitchen on the ground floor, while the first floor features three generously sized bedrooms and a family bathroom. Retaining much of its original Victorian character, this property presents significant scope for refurbishment and value enhancement (subject to necessary consents). Externally, there is a rear yard and garden area that can be further developed to provide additional outdoor living space, complementing the internal potential. Laburnum Avenue boasts proximity to Durham City Centre, Durham University, the railway station, and an excellent selection of local amenities including shops, bars, and restaurants. It is also conveniently positioned for commuters with easy access to the A1(M) and A690. With considerable development potential and offered at auction with no onward chain, this property represents an exciting opportunity for investors and developers alike who are eager to craft their bespoke vision in this highly sought-after locale.

Investment analysis

(DH1 area)

Above Market Value

This property is priced +59.9% above area average per sq ft

+59.9%
This Property
£378/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£226,995
10% above area average per sq ft
Potential ROI
-41.8%
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

Laburnum Avenue, 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
£1,247
Based on a loan of £247,500 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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