2 Bed Terraced House, Single Let, Bishop Auckland, DL14 7PY, £84,950

16 Whitworth Terrace, Spennymoor, County Durham, DL16 7LD - 10 months ago

BTL
ROI: 2%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£34K - £190K
Sold Prices/m²£468/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£53,232

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,238

Stamp Duty & Legal Fees

£5,448

Total Cash In

£26,685

 

 

Cash Out

 

Rent Range

£425 - £650

Rent Estimate

£425

Running Costs/mo

£370

Cashflow/mo

£55

Cashflow/yr

£654

ROI

2%

Gross Yield

6%

Local Sold Prices

42 sold prices from £34K to £190K, average is £69.8K. £468/m² to £2.4K/m², average is £782/m².

PriceDateDistanceAddressBeds 
£60K06/230 mi37, Bridge Street, Bishop Auckland, County Durham DL14 7PY2
£75K06/210.11 mi14, West Road, Bishop Auckland, County Durham DL14 7PP2
£68K12/200.22 mi43, Waldron Street, Bishop Auckland, County Durham DL14 7DS2
£70K07/230.22 mi73, Surtees Street, Bishop Auckland, County Durham DL14 7DJ2
£36K12/200.23 mi22, Gibbon Street, Bishop Auckland, County Durham DL14 7DL2
£78.5K07/210.28 mi2, Wear Chare, Bishop Auckland, County Durham DL14 7QQ2
£50K12/200.29 mi33, Durham Street, Bishop Auckland, County Durham DL14 7BN2
£59.5K03/210.33 mi1, Bishop Street, Bishop Auckland, Durham DL14 7DF2
£73K06/210.36 mi5, Oxford Terrace, Bishop Auckland, County Durham DL14 7DA2
£61K12/200.4 mi10, Hutchinson Street, Bishop Auckland, Durham DL14 7DD2
£120K05/210.45 mi26, Wesley Grove, Bishop Auckland, County Durham DL14 7TG2
£123K05/210.45 mi25, Wesley Grove, Bishop Auckland, Durham DL14 7TG2
£112K02/210.46 mi57, Etherley Lane, Bishop Auckland, County Durham DL14 7QZ2
£69K08/210.47 mi21, Jubilee Street, Toronto, Bishop Auckland, Durham DL14 7RT2
£85K03/230.55 mi8, South Church Road, Bishop Auckland, County Durham DL14 7JY2
£34K11/200.59 miPierremont, Blackett Street, Bishop Auckland, Durham DL14 7TD2
£69K08/210.62 mi25, Queens Road, Bishop Auckland, County Durham DL14 7LX2
£60K01/210.68 mi13, Leopold Place, Bishop Auckland, County Durham DL14 6EJ2
£72.5K06/230.68 mi7, Leopold Place, Bishop Auckland, County Durham DL14 6EJ2
£190K03/210.69 mi8, Pollards Drive, Bishop Auckland, County Durham DL14 6UE2
£55.3K04/210.7 mi1, Oak Terrace, Bishop Auckland, County Durham DL14 6ES2
£55.3K04/210.7 mi1, Oak Terrace, Bishop Auckland, County Durham DL14 6ES2
£55.3K04/210.7 mi1, Oak Terrace, Bishop Auckland, County Durham DL14 6ES2
£175K11/220.7 mi92, Escomb Road, Bishop Auckland, County Durham DL14 6TZ2
£180K02/230.73 mi8, Sherwood Court, Toronto, Bishop Auckland, County Durham DL14 7SQ2
£38K08/210.73 mi18, Sun Street, Bishop Auckland, County Durham DL14 6DP2
£170K11/200.74 mi9, Sherwood Court, Toronto, Bishop Auckland, Durham DL14 7SQ2
£72K02/230.75 mi6, Sun Street, Bishop Auckland, County Durham DL14 6DP2
£45K06/230.76 mi2, Dixon Street, Bishop Auckland, County Durham DL14 6DW2
£75K11/210.8 mi12, Oaklea Terrace, Bishop Auckland, Durham DL14 6HH2
£69.5K04/210.8 mi9, Oaklea Terrace, Bishop Auckland, Durham DL14 6HH2
£74K09/210.8 mi3, Oaklea Terrace, Bishop Auckland, Durham DL14 6HH2
£80.8K05/230.8 mi9, Oaklea Terrace, Bishop Auckland, County Durham DL14 6HH2
£155K03/210.85 mi5, Dudley Grove, Bishop Auckland, Durham DL14 6NB2
£145K04/210.85 mi3, Westlea Avenue, Bishop Auckland, County Durham DL14 6HE2
£35K07/210.86 mi5, James Street, Bishop Auckland, Durham DL14 6HL2
£164K12/200.88 mi38, Walmer Avenue, Bishop Auckland, Durham DL14 6NW2
£63K06/210.88 mi9, Chatsworth Avenue, Bishop Auckland, County Durham DL14 6AX2
£63K01/210.95 mi60, Seymour Street, Bishop Auckland, Durham DL14 6JD2
£49K01/210.96 mi27, Beaumont Street, Bishop Auckland, Durham DL14 6BJ2
£90K04/230.96 mi16, Helena Terrace, Bishop Auckland, County Durham DL14 6BP2
£63.5K12/200.98 mi33, Frances Terrace, Bishop Auckland, County Durham DL14 6BW2

Local Rents

22 rents from £425/mo to £650/mo, average is £550/mo.

RentDateDistanceAddressBeds 
£49510/240.21 mi-2
£49503/240.22 miGibbon Street, Bishop Auckland, County Durham, DL142
£55004/240.26 miStranton Street, Bishop Auckland2
£65004/240.28 miGreat Gates, Bishop Auckland2
£42510/230.28 mi-2
£58003/240.29 miDurham Street, Bishop Auckland2
£45012/230.3 mi-2
£48004/240.32 miNelson Street, Bishop Auckland2
£55004/240.32 miNelson Street, Bishop Auckland, DL142
£57504/240.33 miNelson Street, Bishop Auckland, DL142
£52504/240.33 miGrey Street, Bishop Auckland2
£59512/240.35 mi-2
£59504/250.35 mi-2
£59512/240.36 miSilver Street, Bishop Auckland2
£55003/240.36 miSilver Street, Bishop Auckland2
£55004/240.37 miSilver Street, Bishop Auckland2
£59512/230.37 mi-2
£59512/230.37 mi-2
£59810/240.37 mi-2
£42504/240.37 miOxford Street, Bishop Auckland, DL142
£52503/250.58 mi-2
£45004/240.58 miBlackett Street, Bishop Auckland, Bishop Auckland, DL14 2

Local Area Statistics

Population in DL14

37,237

Population in Bishop Auckland

51,200

Town centre distance

1.28 miles away

Nearest school

0.40 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

-4%

Property History

Listed for £84,950

June 27, 2024

Floor Plans

Description

  • TWO BEDROOM END TERRACED HOUSE +
  • SOLD WITH SITTING TENANT +
  • GAS FIRED CENTRAL HEATING +
  • PAVED GARDEN TO THE SIDE +
  • YARD TO REAR +
  • DOUBLE GLAZED +

Situated within walking distance to the market place of Bishop Auckland and the well known tourist attraction KYNREN, A two bedroom end terraced house sold with SITTING TENANT
(please enquire for more rental income details)

Property comprises of spacious lounge, kitchen and a separate utility, first floor bathroom, a rear yard and side paved garden with double timber gates offering off street parking....(please note the shed is not included in the sale)

Viewing by appointment only

Agent Details

Kan-Move, County Durham

01388 311082

Next Steps?

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