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Grey Street, Darlington DL1

North East

£70,000

Listed on 07/06/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This two-bedroom terraced house on Grey Street in Darlington represents a promising opportunity for renovation and investment. Available with no onward chain, it provides a quick move-in option while also allowing for personal customization to enhance its appeal. The property includes a welcoming reception area, two spacious bedrooms that can be tailored to your preferences, and a functional bathroom. While some updates are necessary, this offers a blank canvas for those looking to create their ideal living space. The rear garden adds an attractive feature, providing an outdoor retreat for gardening or relaxation. Conveniently located near various local amenities, this property is particularly suitable for first-time buyers and investors aiming to expand their portfolio. With its renovation potential and desirable location, this property is an excellent prospect.

Investment Analysis

(DL1 area)
Area Average
£154/sq ft
Avg Rent (weekly)
£153
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Grey Street, 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
£264
Based on a loan of £52,500 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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