2 Bed Terraced House, Potential PLO/LOA, Bishop Auckland, DL14 9HJ, £72,500

41 East Green, Bishop Auckland, Durham, DL14 9HJ - 9 views - a year ago

Negative Equity
ROI: 5%
91 m²
+6 photos

ValuationUndervalued

Sold Prices£30K - £230K
Sold Prices/m²£469/m² - £3K/m²

 

 

Square Metres

91 m²
Price/m²£797/m²

Value Estimate

£89,900
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,125

Stamp Duty & Legal Fees

£3,375

Total Cash In

£21,500

 

 

Cash Out

 

Rent Range

£350 - £1,200

Rent Estimate

£431

Running Costs/mo

£333

Cashflow/mo

£98

Cashflow/yr

£1,179

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £30K to £230K, average is £92.5K. £469/m² to £3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£48.5K04/230.11 mi11, Station Road, West Auckland, Bishop Auckland, County Durham DL14 9HF2
£59.5K07/230.12 mi14, Meadow View, West Auckland, Bishop Auckland, County Durham DL14 9HB2
£230K03/210.16 mi59, Darlington Road, West Auckland, Bishop Auckland, County Durham DL14 9HT2
£76K01/210.24 mi89, Manor Road, St Helen Auckland, Bishop Auckland, County Durham DL14 9ER2
£189K06/230.24 mi45, Front Street, West Auckland, Bishop Auckland, County Durham DL14 9HL2
£64K11/200.31 mi11, Katrine Walk, West Auckland, Bishop Auckland, County Durham DL14 9UA2
£110K02/230.34 mi1, Raby Terrace, West Auckland, Bishop Auckland, County Durham DL14 9LA2
£89K02/230.36 mi33, Staindrop Road, West Auckland, Bishop Auckland, County Durham DL14 9JU2
£100K12/220.4 mi15, Old Hall Farm Road, St Helen Auckland, Bishop Auckland, County Durham DL14 9EQ2
£76K02/210.42 mi16, Bishops Court, St Helen Auckland, Bishop Auckland, Durham DL14 9FB2
£82K12/200.44 mi12, Walton Crescent, St Helen Auckland, Bishop Auckland, Durham DL14 9GE2
£90K07/230.45 mi16, Copeland Road, West Auckland, Bishop Auckland, County Durham DL14 9JJ2
£153K10/200.46 mi23, Ennerdale Grove, West Auckland, Bishop Auckland, County Durham DL14 9LN2
£60K04/210.53 mi10, George Street, West Auckland, Bishop Auckland, County Durham DL14 9JR2
£84K11/200.58 mi17, Thirlmere Grove, West Auckland, Bishop Auckland, County Durham DL14 9LW2
£80K07/210.58 mi33, Central Grange, St Helen Auckland, Bishop Auckland, County Durham DL14 9AY2
£88K06/230.58 mi42, Central Grange, St Helen Auckland, Bishop Auckland, County Durham DL14 9AY2
£48K11/201.21 mi12, Dent Street, Bishop Auckland, County Durham DL14 9SZ2
£45.4K10/201.22 mi29, Ramsey Crescent, Bishop Auckland, County Durham DL14 6TL2
£62K04/231.23 mi4, Brantwood Terrace, Bishop Auckland, County Durham DL14 9TA2
£83K02/231.23 mi7, Richardson Avenue, Bishop Auckland, County Durham DL14 6TP2
£89K06/231.26 mi10, Croxdale Grove, Bishop Auckland, County Durham DL14 0SB2
£155K10/201.27 mi17, Rookhope Grove, Bishop Auckland, County Durham DL14 0SW2
£40K11/201.29 mi66, West Lane, Bishop Auckland, County Durham DL14 0QY2
£30K04/211.3 mi9, Dilks Street, Bishop Auckland, Durham DL14 9AP2
£30K04/211.3 mi9, Dilks Street, Bishop Auckland, Durham DL14 9AP2
£61K05/231.32 mi56, Dere Avenue, Bishop Auckland, County Durham DL14 9SY2
£85K12/201.32 mi20, Dere Avenue, Bishop Auckland, County Durham DL14 9SY2
£70K01/211.32 mi18, Dere Avenue, Bishop Auckland, Durham DL14 9SY2
£160K11/221.34 mi22, Middlehope Grove, Bishop Auckland, County Durham DL14 0SH2
£165K05/231.37 mi23, Furness Close, Bishop Auckland, County Durham DL14 0SR2
£171K01/231.37 mi33, Furness Close, Bishop Auckland, County Durham DL14 0SR2
£129K11/201.48 mi2, Whitby Close, Bishop Auckland, County Durham DL14 0RU2
£174.9K09/211.54 mi11, Auckland View, High Etherley, Bishop Auckland, County Durham DL14 0JQ2
£137.5K01/211.55 mi7, South Road, High Etherley, Bishop Auckland, County Durham DL14 0HZ2
£44K10/211.55 mi12, Douthwaite Road, Bishop Auckland, Durham DL14 6QP2
£149K06/231.6 mi7, Garth Meadows, High Etherley, Bishop Auckland, County Durham DL14 0JJ2
£110K08/211.61 mi34, Carisbrooke Crescent, Etherley Dene, Bishop Auckland, Durham DL14 0RW2
£105K01/211.61 mi21, Carisbrooke Crescent, Etherley Dene, Bishop Auckland, Durham DL14 0RW2
£126K02/231.65 mi34, Carisbrooke Crescent, Etherley Dene, Bishop Auckland, County Durham DL14 0RW2
£98K03/211.67 mi54, Murphy Crescent, Bishop Auckland, County Durham DL14 6QH2
£105K10/211.68 mi66, Rochester Close, Etherley Dene, Bishop Auckland, County Durham DL14 0RJ2
£95K01/211.68 mi63, Rochester Close, Etherley Dene, Bishop Auckland, Durham DL14 0RJ2
£126.3K02/231.69 mi42, Rochester Close, Etherley Dene, Bishop Auckland, County Durham DL14 0RJ2
£158.5K12/221.72 mi49, Shawbrow View, Bishop Auckland, County Durham DL14 6XH2
£100K10/211.73 mi3a, Hardisty Crescent, Bishop Auckland, Durham DL14 6PG2
£83.5K07/211.74 mi7, Irvin Avenue, Bishop Auckland, County Durham DL14 6QG2
£139.9K12/201.75 mi15, Willow Court, Toft Hill, Bishop Auckland, Durham DL14 0JW2
£125K04/211.75 mi6, Willow Court, Toft Hill, Bishop Auckland, County Durham DL14 0JW2
£155K05/231.75 mi8, Willow Court, Toft Hill, Bishop Auckland, County Durham DL14 0JW2

Local Rents

52 rents from £350/mo to £1.2K/mo, average is £575/mo.

RentDateDistanceAddressBeds 
£65004/240.11 miOakley Green, West Auckland, Bishop Auckland, County Durham, DL143
£57503/240.13 miRiver Walk, West Auckland3
£57504/240.13 miRiver Walk, West Auckland3
£69503/250.14 mi-3
£95003/250.15 mi-3
£47503/240.15 miThe Nursery, West Auckland, Bishop Auckland, Co Durham., DL142
£65004/240.24 miNorthbridge Park, St Helen Auckland 3
£55012/240.3 mi-3
£55001/250.3 mi-3
£1,20004/240.36 miStaindrop Road, West Auckland3
£72503/240.43 miWalton Crescent, St. Helen Auckland, Bishop Auckland, County Durham, DL143
£85003/250.46 mi-3
£87504/240.64 miLaburnum Grove, St. Helen Auckland, Bishop Auckland, County Durham, DL143
£52504/240.77 miMaude Terrace, St. Helen Auckland, Bishop Auckland, DL143
£57510/240.79 mi-2
£49509/241.17 mi-2
£69504/251.18 mi-3
£57504/241.19 miTindale Crescent, St Helen Auckland, Bishop Auckland2
£55008/241.2 mi-2
£50002/241.2 mi-2
£57504/241.2 miBoddy Street, Tindale Crescent, Bishop Auckland2
£50002/241.22 mi-3
£50002/241.22 mi-3
£60004/241.22 mi-3
£62503/251.24 mi-3
£62503/251.24 mi-3
£57512/241.27 miCroxdale Grove, Bishop Auckland, DL14 0SB2
£47503/251.3 mi-2
£45012/241.3 miCambridge Court, Tindale Crescent, Bishop Auckland, DL14 9SR2
£59504/241.32 miDere Avenue, Bishop Auckland 2
£35012/241.39 mi24 Waskerley GroveBishop AucklandCo Durham1
£69504/241.51 miSouth Road, High Etherley2
£55012/241.54 mi-3
£60008/241.55 mi-2
£69512/241.55 miDouthwaite Road, Bishop Auckland, DL14 6QP3
£59511/231.56 mi-2
£60012/241.59 mi-3
£90004/241.76 miBeckett Close, Bishop Auckland, DL143
£40006/231.83 mi-2
£1,10001/251.88 mi-5
£62010/231.88 mi-2
£59009/241.88 mi-2
£55012/231.88 mi-3
£57504/241.94 miHelena Terrace, Bishop Auckland, County Durham2
£55001/241.95 mi-2
£57504/241.95 miHelena Terrace, Bishop Auckland, County Durham, DL142
£60012/231.95 mi-2
£49502/241.97 mi-2
£49502/241.97 mi-2
£55004/241.97 miOsborne Terrace, Evenwood, Bishop Auckland, County Durham, DL142
£49502/241.97 mi-3
£45010/231.97 mi-2

Local Area Statistics

Population in DL14

37,237

Population in Bishop Auckland

51,200

Town centre distance

1.62 miles away

Nearest school

0.20 miles away

Nearest train station

2.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

-4%

Property History

Listed for £72,500

-8%

November 17, 2023

Sold for £78,000

2006

Floor Plans

Description

  • TWO BEDROOMS +
  • TERRACED +
  • NO ONWARD CHAIN +
  • GAS CENTRAL HEATING +
  • UPVC DOUBLE GLAZING +
  • CLOSE TO AMENITIES +
  • ON STREET PARKING +
  • EPC GRADE E +
  • TENANT IN SITU +

Two bedroomed terraced property located on East Green in West Auckland, situated close to a range of amenities such as ever expanding Tindale Retail Park, and only approx. 3 miles from Bishop Auckland, which boasts a large array of facilities including healthcare services, supermarkets, retail stores, restaurants, and both primary and secondary schools. There is also an extensive public transport system, which allows for access to not only the surrounding towns and villages, but to further afield places such as Darlington, Durham, Newcastle and York. This property is great for commuters having also easy access to the A68 which leads to the A1 (M) both North and South. This property does currently have a new tenant in situ perfect for an investor looking to purchase a property.

In brief the property comprises; an entrance hall leading into the living room, dining room, kitchen and utility room to the ground floor. The first floor contains the master bedroom, second bedroom and family bathroom. Externally the property has an enclosed yard to the rear with gated access into the rear lane.

Living Room - 3.57m x 3.3m (11'8" x 10'9") - The living room is located to the front of the property, with neutral decor, ample space for furniture and bay window to the front elevation.

Dining Room - 5.09m x 4.27m (16'8" x 14'0") - The second reception room is another good size with space for a dining table and chairs, further furniture and window to the rear elevation.

Kitchen - 5.27m x 2.2m (17'3" x 7'2") - The kitchen is fitted with a range of wall, base and drawer units, complementing work surfaces, tiled splashbacks and sink/drainer unit. Space is available for free standing appliances.

Utility Room - 2.21m x 1.87m (7'3" x 6'1") - The utility room provides additional storage space and space for further applainces.

Master Bedroom - 4.3m x 3.7m (14'1" x 12'1") - The master bedroom provides space for a king sized bed, further furniture and window to the front elevation.

Bedroom Two - 3.0m x 2.74m (9'10" x 8'11") - The second bedroom is another double bedroom with window to the rear elevation.

Bathroom - 4.1m x 1.4m (13'5" x 4'7") - The bathroom is fitted with a panelled bath, single shower cubicle, WC and wash hand basin.

External - Externally the property has an enclosed yard to the rear with gated access into the rear lane.

Agent Details

Hunters, Bishop Auckland

01388 311339

Next Steps?

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