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Kirkham Road, Durham

North East

£95,000Guide Price

Listed on 16/07/2026

Property details

Bedrooms
2
Type
End Of Terrace
Area
836 sqft

Description

This two-bedroom end-terrace property presents an excellent opportunity for investors and home renovators alike, situated in the sought-after Newton Hall area of Durham. Offered at auction, this property requires a comprehensive internal refurbishment, which is reflected in its competitive asking price. The layout includes an entrance hallway leading to a spacious lounge and a kitchen diner that accesses the rear lobby and coal house, perfect for reconfiguration or modernization. Upstairs are two bedrooms, a bathroom, and a separate WC. Outside, you'll find both a front forecourt garden and an enclosed rear garden, providing additional space for improvement or landscaping. Given its strategic location near local schools and amenities, such as the Arnison Centre with its various shops including Sainsbury's and M&S, this property offers significant potential for value enhancement through thoughtful renovations.

Investment analysis

(DH1 area)

Below Market Value

This property is priced -52.0% below area average per sq ft

-52.0%
Potential saving
This Property
£114/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£217,623
10% above area average per sq ft
Potential ROI
+61.2%
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

Kirkham Road, Durham
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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
£359
Based on a loan of £71,250 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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