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Falmer Road, Darlington DL1

North East

£50,000

Listed on 25/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
688 sqft

Description

This terraced property in Darlington offers a solid foundation for those looking to invest or embark on their renovation journey. While it is currently livable, it requires comprehensive modernization to bring it up to contemporary standards. Featuring two generously sized bedrooms, the home is well-suited for investors, small families, or individuals ready to take on a project that can significantly enhance its value. The property includes a standard rear yard and an additional single garage that provides further potential for functionality or storage. Situated in a welcoming community, residents will appreciate the proximity to local amenities, schools, parks, and the undergoing revitalization of Darlington Railway Station, connecting north and south routes. This is an excellent opportunity for buyers willing to invest time and effort into transforming this space into a modern home.

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Investment analysis

(DL1 area)

Below Market Value

This property is priced -52.8% below area average per sq ft

-52.8%
Potential saving
This Property
£73/sq ft
Area Average
£154/sq ft
Avg Rent (weekly)
£153
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£116,547
10% above area average per sq ft
Potential ROI
+29.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (DL1)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +7.5%
5 year growth: +15.3%
Investment Disclaimer: Analysis based on DL1 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

Falmer Road, Darlington DL1
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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
£189
Based on a loan of £37,500 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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