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3 Bed Terraced House, Single Let, Durham, DH7 8RZ, £96,000

39 Dorlonco Villas, Durham, DH7 8RZ - 8 views - 2 years ago

BTL
ROI: 9%
~78 m²
+5 photos

ValuationUndervalued

Sold Prices£60K - £260K
Sold Prices/m²£526/m² - £2.5K/m²

 

 

Square Metres

~78.30 m²
Price/m²£1.2K/m²

Value Estimate

£120,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,000

Stamp Duty & Legal Fees

£4,080

Total Cash In

£28,080

 

 

Cash Out

 

Rent Range

£600 - £2,000

Rent Estimate

£656

Running Costs/mo

£451

Cashflow/mo

£205

Cashflow/yr

£2,458

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £260K, average is £115.3K. £526/m² to £2.5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£110K01/210 mi45, Dorlonco Villas, Meadowfield, Durham DH7 8RZ3
£75K02/210.04 mi20, East View, Meadowfield, Durham, County Durham DH7 8RY3
£95K12/200.06 mi14, Central Avenue, Meadowfield, Durham DH7 8SE3
£80K05/210.13 mi21, South View, Meadowfield, Durham, County Durham DH7 8SF3
£138K05/230.13 mi21, South View, Meadowfield, Durham, County Durham DH7 8SF3
£60.5K10/210.13 mi51, Frederick Street South, Meadowfield, Durham DH7 8NA3
£76K10/200.14 mi5, Burnigill, Meadowfield, Durham, County Durham DH7 8SA3
£145K05/230.18 mi17, Allendale Road, Meadowfield, Durham, County Durham DH7 8XG3
£130K04/210.18 mi17, Allendale Road, Meadowfield, Durham DH7 8XG3
£145K06/210.19 mi20, Leesfield Road, Meadowfield, Durham DH7 8NJ3
£149.9K12/200.19 mi11, Stanhope Close, Meadowfield, Durham, County Durham DH7 8XE3
£171K02/210.22 mi23, Leesfield Gardens, Meadowfield, Durham, County Durham DH7 8NQ3
£72K11/200.22 mi25, Browney Lane, Browney, Durham, County Durham DH7 8HT3
£114.2K03/210.22 mi51, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£200K03/230.22 mi51, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£185K01/230.23 mi27, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£157.5K05/230.28 mi12, Arundel Way, Meadowfield, Durham, County Durham DH7 8UT3
£169K05/230.29 mi17, Penryn Way, Meadowfield, Durham, County Durham DH7 8UU3
£87.5K12/200.34 mi14, Victoria Avenue, Brandon, Durham, County Durham DH7 8QH3
£167K06/230.35 miChopgate, Back John Street North, Meadowfield, Durham, County Durham DH7 8RT3
£140K05/230.36 mi1, John Street South, Meadowfield, Durham, County Durham DH7 8RP3
£217.5K10/210.37 mi2, Lowland Road, Brandon, Durham DH7 8NN3
£80K05/230.4 mi10, Commercial Square, Brandon, Durham, County Durham DH7 8QJ3
£134.9K03/230.4 mi20, Grove Road, Brandon, Durham, County Durham DH7 8AW3
£116.5K12/210.41 mi14, Brockwell Court, Brandon, Durham DH7 8QX3
£86K02/210.44 mi9, Red Courts, Brandon, Durham, County Durham DH7 8QN3
£152.5K12/200.51 miWolf Cleugh, Lobley Hill, Meadowfield, Durham, County Durham DH7 8RQ3
£91K03/230.51 mi17, Grey Gables, Brandon, Durham, County Durham DH7 8QW3
£105K03/230.53 mi2, Commercial Street, Brandon, Durham, County Durham DH7 8PL3
£60K11/200.54 mi2, Middle Grove, Brandon, Durham, County Durham DH7 8TR3
£77.5K12/200.55 mi12, Lime Park, Brandon, Durham DH7 8QD3
£70K10/210.61 mi21, Tiree Close, Brandon, Durham DH7 8QY3
£95K01/230.65 mi30, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£80K02/210.65 mi4, Hemmel Court, Brandon, Durham DH7 8QS3
£98.5K03/210.65 mi63, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£134K10/210.65 mi41, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£92.5K03/210.65 mi75, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£230K09/210.65 mi2, Dove Close, Brandon, Durham, County Durham DH7 8BN3
£260K02/210.65 mi8, Dove Close, Brandon, Durham DH7 8BN3
£65K08/210.65 mi37, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£81K03/230.65 mi39, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£205K12/220.68 mi14, Gardners Place, Langley Moor, Durham, County Durham DH7 8XZ3
£168.9K11/200.68 mi6, Gardners Place, Langley Moor, Durham DH7 8XZ3
£82.5K05/230.68 mi70, Alder Park, Brandon, Durham, County Durham DH7 8TJ3
£125K05/210.68 mi76, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£140K03/210.68 mi46, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£127K12/200.68 mi20, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£112K02/210.69 mi33, Cavendish Court, Brandon, Durham DH7 8UL3
£129.9K04/230.7 mi1, Deerness Heights, Brandon, Durham, County Durham DH7 8TQ3
£85K02/210.7 mi37, Deerness Heights, Brandon, Durham DH7 8TQ3

Local Rents

14 rents from £600/mo to £2K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£65012/240.04 miDorlonco Villas, Meadowfield, Durham3
£70012/240.34 miJohn Street North, Durham, DH73
£98003/250.34 mi-3
£1,62512/240.35 miJohn Street North, Meadowfield, Durham3
£70011/240.41 mi-3
£67512/240.54 miCommercial Street, Durham, DH73
£72512/240.56 miChurch Square, Brandon, DH73
£69512/240.63 miMidhill Close, Brandon, Durham3
£1,00012/240.69 miCavendish Court, Brandon3
£75001/250.77 mi-3
£72512/240.77 miBeech Park, Brandon, Durham, Durham, DH73
£60012/240.82 miCherry Park, Brandon, Durham, DH73
£2,00012/240.83 mi-3
£82512/240.93 mi-3

Links

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

2.78 miles away

Nearest school

0.20 miles away

Nearest train station

2.76 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £96,000

April 24, 2023

Sold for £96,000

2008

Floor Plans

Description

  • CHAIN FREE +
  • CONVENIENT LOCATION +
  • SPACIOUS HOME +

We are pleased to offer for sale this impressive three bedroom end of terrace property with the benefits of gas fired central heating and double glazing.
The spacious, chain free property has accommodation which briefly comprises: Entrance hallway, lounge, dining room, kitchen and conservatory. To the first floor there are three bedrooms and a bathroom. Externally there is a spacious lawned garden to the front of the property and an attractive enclosed garden to the rear.
There are a range of local shops and amenities available within Meadowfield as well as nearby Langley Moor and Brandon, with a more comprehensive range of shopping and recreational facilities and amenities available within Durham City Centre which lies approximately 3 miles distant. Meadowfield is also well placed for commuting purposes as it lies adjacent to the A(690) Highway which offers good road links to other regional centres.

Agent Details

Ben Charles, Durham

0191 625 0846

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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