4 Bed Detached House, Single Let, Durham, DH1 4FF, £400,000

Kirkwood Drive, Nevilles Cross, Durham, DH1 4FF - a year ago

Sold STC
BTL
~129 m²
+13 photos

ValuationOvervalued

Sold Prices£135K - £900K
Sold Prices/m²£1.1K/m² - £5.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.1K/m²

Value Estimate

£355,539

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£128,700

 

 

Cash Out

 

Rent Range

£672 - £5,308

Rent Estimate

£687

Running Costs/mo

£1,407

Cashflow/mo

£-720

Cashflow/yr

£-8,645

Gross Yield

2%

Local Sold Prices

37 sold prices from £135K to £900K, average is £400K. £1.1K/m² to £5.2K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£260K09/210.03 mi46, Kirkwood Drive, Durham DH1 4FF4
£418.3K01/230.06 mi38, Archery Rise, Durham, County Durham DH1 4LA4
£295K06/210.08 mi27, Faraday Court, Durham DH1 4FG4
£300K05/210.08 mi30, Faraday Court, Durham DH1 4FG4
£320K08/210.17 mi21, Geoffrey Avenue, Durham DH1 4PF4
£343K12/200.19 mi1, Howlcroft Villas, Durham, County Durham DH1 4DU4
£450K11/200.26 miMoreland House, The Avenue, Durham, County Durham DH1 4EB4
£135K05/230.26 mi12a, Nevilles Cross Villas, Durham, County Durham DH1 4JR4
£600K01/230.26 miFarnley Hey, Farnley Hey Road, Durham, County Durham DH1 4EA4
£370K01/210.29 mi22, Briardene, Durham, County Durham DH1 4QU4
£485K03/210.29 mi5, Farnley Hey Road, Durham, County Durham DH1 4EA4
£900K12/200.29 miPercy House, Percy Lane, Durham DH1 4HE4
£295K04/230.3 mi10, Kells Buildings, Durham, County Durham DH1 4JL4
£531.8K06/230.32 mi23, Crossgate Peth, Durham, County Durham DH1 4PZ4
£355K11/200.32 miAspen Lodge, Crossgate Peth, Durham DH1 4PZ4
£490K12/210.33 miTriermayne, Nevilles Cross Bank, Durham, County Durham DH1 4JP4
£620K03/210.33 miLindisfarne, Nevilles Cross Bank, Durham, County Durham DH1 4JP4
£460K02/230.36 mi20, The Avenue, Durham, County Durham DH1 4ED4
£475K02/210.36 mi8, The Avenue, Durham DH1 4ED4
£397.5K06/210.36 mi14, The Avenue, Durham, County Durham DH1 4ED4
£373K10/210.38 mi1, Dickens Wynd, Durham, County Durham DH1 3QR4
£435K12/210.38 mi12, Dickens Wynd, Durham DH1 3QR4
£600K05/210.38 miWestaways, Lowes Barn Bank, Durham, County Durham DH1 3QP4
£195K06/210.4 mi18, St Bedes Close, Durham, County Durham DH1 4AB4
£325K12/200.41 mi5, Copperfield, Durham, County Durham DH1 3QT4
£400K06/210.42 mi15, Nickleby Chare, Durham, County Durham DH1 3QX4
£435K10/210.42 mi14, Nickleby Chare, Durham, County Durham DH1 3QX4
£307K09/210.43 mi39, St Bedes Close, Durham DH1 4AA4
£326K01/230.43 mi45, St Bedes Close, Durham, County Durham DH1 4AA4
£520K01/230.45 mi14, St Monica Grove, Durham, County Durham DH1 4AT4
£460K03/210.48 mi60, South Street, Durham, County Durham DH1 4QP4
£325K07/230.48 mi5, Railway Cottages, Crossgate Moor, Durham, County Durham DH1 4JB4
£315K12/200.56 mi22, Redhills Lane, Durham, County Durham DH1 4AJ4
£478K12/220.61 mi9, Redhills Lane, Durham, County Durham DH1 4AL4
£540K01/230.72 mi7, Albert Street, Durham, County Durham DH1 4RL4
£430K05/210.73 mi40, Highgate, Durham DH1 4GA4
£385K05/210.92 mi31, Field House Lane, Durham DH1 4LT4

Local Rents

37 rents from £672/mo to £5.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,60012/240.02 miKirkwood Drive, Nevilles Cross5
£1,10012/240.02 miKirkwood Drive, Sheraton Park3
£1,05012/240.03 mi-3
£1,60012/240.08 mi-4
£1,10011/240.08 mi-4
£1,29512/240.1 miKirkwood Drive, Nevilles Cross, Durham4
£2,00012/240.17 miBeech Croft, Durham, DH15
£3,10008/230.2 mi-4
£3,40002/250.2 mi-4
£3,00002/250.2 mi-4
£2,00012/240.23 miNevilledale Terrace, Durham, DH15
£1,70012/240.32 mi-4
£75812/240.32 miNevilledale Terrace, Durham5
£2,92502/250.33 mi-5
£2,85002/250.33 mi-5
£1,50012/240.34 miLowes Rise, Durham, DH13
£1,43012/240.34 mi-4
£1,40012/240.34 miByland Close, Durham City3
£67212/240.37 miHawthorn Terrace, Durham, DH16
£1,17012/240.38 mi-3
£67612/240.38 miHawthorn Terrace, Durham, DH16
£4,55012/240.39 mi-6
£3,79212/240.4 miLawson Terrace, Durham City5
£5,30812/240.41 miAlexandria Crescent, Crossgate Moor, Durham7
£3,68312/240.41 miMistletoe Street, Durham City5
£3,46712/240.41 miMistletoe Street, Durham City5
£1,30012/240.44 miSt. Bedes Close, Durham3
£3,77012/240.47 miSt. Monica Grove, Durham6
£5,30812/240.48 miFlass Street, Durham City7
£70003/240.49 miDarlington Road, Ferryhill, Durham, DL173
£71512/240.52 miAllergate, Durham, DH15
£73712/240.53 miAtherton Street, Durham, DH14
£69311/240.57 mi-4
£1,15012/240.6 miQuarryheads Lane, Durham, County Durham, DH13
£95012/240.61 mi-3
£99003/250.61 mi-3
£95012/240.61 miRedhills Lane, Durham, DH13

Local Area Statistics

Population in DH1

49,938

Population in Durham

124,445

Town centre distance

0.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £400,000

November 1, 2024

Listed for £425,000

May 2, 2024

Floor Plans

Description

  • Spacious 4/5 Bedroom Detached House +
  • Popular Location +
  • Walking Distance Of Durham Johnson +
  • 2 Bedrooms With Ensuites +
  • Driveway And Garage +
  • Viewing Recommended +

Being ideally suited for family occupation, we have pleasure in offering for sale this three storey detached property which has gas fired central heating and double glazing.

Being of an interesting design and layout, the property, which was built in 2005, provides well presented accommodation which briefly comprises: entrance hall with cloakroom/wc, spacious well fitted kitchen/breakfast room, utility room and lounge. On the first floor there are two bedrooms one with an en suite shower room/wc, and the study with fitted furniture. On the second floor the main bedroom has built in wardrobes, along with en suite bathroom/wc and there are two further bedrooms and family bathroom/wc. There is a single garage along with easy to maintain gardens.

Sheraton Park is a new prestigious development of houses situated in the well established and ever popular area of Nevilles Cross being adjacent to the A(167) Highway which provides good road links to both North and South. It is just over 1 mile from the immediate City Centre with its comprehensive shopping and recreational facilities and amenities and is within easy reach of the Durham Johnston School, St Leonards Roman Catholic School, St Margarets School, as well as Durham High School and Durham School.

Agent notes:
Council Tax Band F.
Utilities - Mains water (metered), sewerage, electric and gas.
Gas fired central heating, double glazed windows.
Fibre broadband available to the postcode, no cable available, mobile phone coverage by EE, O2 & Vodafone.
Official Flood risk - Rivers & seas - very low, surface water - high.

The property is situated in an area where Article 4 restrictions apply.

Agent Details

J W Wood, Durham City

0191 625 0838

Next Steps?

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