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Chapel Terrace, Rookhope DL13

North East

£80,000

Listed on 13/05/2026

Property Details

Bedrooms
2
Type
End Terrace
Area
733 sqft

Description

Nestled in the charming village of Rookhope, set against the backdrop of the North Pennines National Landscape, this two-bedroom end-terraced house offers a viable project for those keen on renovation. Being sold chain free, the property boasts spacious rooms and is ripe for modernization, requiring a new kitchen and bathroom alongside comprehensive decoration throughout. This presents an excellent opportunity for buyers looking to personalize their living space in a tranquil rural environment. The enclosed rear yard not only provides privacy but also features several outbuildings that could be converted, enhancing the property's utility and value. The ground floor comprises an entrance porch that leads into a well-proportioned living room, followed by a kitchen with direct access to the rear yard. Upstairs are two double bedrooms and a bathroom. The exterior includes a quaint front garden with west-facing views ideal for enjoying sunny afternoons, while the rear concrete yard is accessible via both internal and external entries. This property represents a blank canvas for those ready to invest effort into creating their ideal home.

Investment Analysis

(DL13 area)

Below Market Value

This property is priced -42.0% below area average per sq ft

-42.0%
Potential saving
This Property
£109/sq ft
Area Average
£188/sq ft
Avg Rent (weekly)
£160
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£151,786
10% above area average per sq ft
Potential ROI
+44.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (DL13)

Area prices are falling by -8.4% over the last 12 months
3 year growth: -10.5%
5 year growth: -9.2%
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

Chapel Terrace, Rookhope DL13
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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
£302
Based on a loan of £60,000 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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