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Blackett street, Bishop Auckland, Durham

North East

£75,000

Listed on 21/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
1324 sqft

Description

This three-storey mid-terrace home provides a spacious layout, featuring a generous kitchen and two double bedrooms, along with a versatile loft room that can be tailored to various needs. The property is ideally located near the amenities of Bishop Auckland, making it an attractive option for investors or first-time buyers keen to make their mark. While some areas show potential for cosmetic updates and completion of existing refurbishment tasks, the property offers well-sized rooms and a layout that allows for personalisation. The ground floor welcomes you with an entrance hall leading into a bright living room with high ceilings, complemented by a larger kitchen that includes fitted units and ample dining space. Beyond this is a utility room granting direct access to an enclosed courtyard that serves as a blank canvas for outdoor enhancements. On the first floor are two spacious double bedrooms along with an incomplete shower room, creating an opportunity for the new owner to finish it according to their taste. The loft room on the second floor adds additional flexibility and can serve multiple purposes without being classified as a formal bedroom. Externally, the enclosed rear courtyard provides potential for landscaping or creating inviting outdoor seating areas. This home not only offers expansive living space but also presents significant opportunities for improvement in a prime location surrounded by local conveniences and schools.

Investment analysis

(DL14 area)

Below Market Value

This property is priced -54.2% below area average per sq ft

-54.2%
Potential saving
This Property
£57/sq ft
Area Average
£124/sq ft
Avg Rent (weekly)
£143
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£180,157
10% above area average per sq ft
Potential ROI
+63.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DL14)

Area prices are rising by +6.4% over the last 12 months
3 year growth: +6.6%
5 year growth: +8.2%
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

Blackett street, Bishop Auckland, 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
£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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