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Heather Lane, Crook DL15 - Image 1
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Heather Lane, Crook DL15

North East

£130,000
Listed on 26/11/2025

Property Details

Bedrooms
2
Type
Bungalow
Area
496 sqft

Description

Situated in a serene cul-de-sac in Crook, County Durham, this two-bedroom semi-detached bungalow is an inviting prospect for buyers looking to invest in a property with significant renovation potential. Available chain-free, the bungalow offers an opportunity for swift occupancy as you embark on transforming this space into your ideal home.

While the interior currently reflects a dated decor, it provides a spacious layout including two well-sized bedrooms, a family bathroom, and a bright lounge that overlooks the front garden. A versatile lean-to at the rear adds potential either as extra storage or a cozy garden room.

The generous plot features ample garden space both at the front and rear, appealing to gardening enthusiasts or those seeking outdoor relaxation areas. A lengthy driveway leads to an attached single garage, ensuring practical parking solutions for residents and guests alike.

Crook is known for its traditional market town charm and affordable living, with essential amenities close by such as local shops and community facilities. The area enjoys a friendly neighbourhood vibe known for its safety and accessible lifestyle options compared to other parts of the UK.

This bungalow stands as a blank canvas ready for creative insight—ideal for those wishing to establish a personalized living environment in a tranquil yet conveniently located setting.

Investment Analysis

(DL15 area)

Above Market Value

This property is priced +103.7% above area average per sq ft

+103.7%
This Property
£262/sq ft
Area Average
£129/sq ft
Avg Rent (weekly)
£126
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£70,191
10% above area average per sq ft
Potential ROI
-54.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (DL15)

Area prices are rising by +19.2% over the last 12 months
3 year growth: +10.3%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on DL15 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

Heather Lane, Crook DL15
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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
£469
Based on a loan of £97,500 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.

Price History

-7.1% since listed
£130,000£10,000(-7.1%)
23/12/2025
Current price
£140,000Initial listing
26/11/2025

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