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Hood Street, Weardale DL13

North East

£89,950
Listed on 13/12/2025

Property Details

Bedrooms
2
Type
End Terrace
Area
1144 sqft

Description

This stone-built cottage in St John's Chapel presents a unique opportunity for renovation and investment. The property, located on the main street of this scenic Upper Weardale village, features two spacious bedrooms and an attached stone garage, making it ideal for potential enhancements. While the cottage includes double glazing and central heating, updates to both the kitchen and bathroom could significantly increase its appeal. The generous living room boasts an open fireplace that could be revitalized as a focal point. Outside, there are two small patios at the rear that offer additional outdoor space which could be creatively transformed. The location is characterized by stunning natural beauty, with access to numerous outdoor activities and local amenities including pubs, shops, and transport links to nearby towns. With some thoughtful refurbishment, this property has the potential to become a charming home or rental investment.

Investment Analysis

(DL13 area)

Below Market Value

This property is priced -57.0% below area average per sq ft

-57.0%
Potential saving
This Property
£79/sq ft
Area Average
£183/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£230,287
10% above area average per sq ft
Potential ROI
+92.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (DL13)

Area prices are falling by -6.5% over the last 12 months
3 year growth: -8.6%
5 year growth: -2.2%
Investment Disclaimer: Analysis based on DL13 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

Hood Street, Weardale DL13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£324
Based on a loan of £67,462 over 30 years at 4.06% 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.

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