4 Bed Detached House, Single Let, Durham, DH7 0QS, £395,000
Lanchester Road, Maiden Law, Lanchester, Durham, DH7 0QS - 8 months ago
BTL
~156 m²





+14 photos
ValuationOvervalued
Sold Prices | £51K - £365K |
Sold Prices/m² | £580/m² - £2.5K/m² |
| |
Square Metres | ~156.20 m² |
Price/m² | £2.5K/m² |
Value Estimate | £257,945 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £98,750 |
Stamp Duty & Legal Fees | £28,200 |
Total Cash In | £126,950 |
| |
Cash Out | |
Rent Range | £400 - £1,200 |
Rent Estimate | £463 |
Running Costs/mo | £1,347 |
Cashflow/mo | £-884 |
Cashflow/yr | £-10,608 |
Gross Yield | 1% |
Local Sold Prices
25 sold prices from £51K to £365K, average is £210K. £580/m² to £2.5K/m², average is £1.7K/m².
Local Rents
50 rents from £400/mo to £1.2K/mo, average is £600/mo.
Local Area Statistics
Population in DH7 | 40,931 |
Population in Durham | 124,445 |
Town centre distance | 7.72 miles away |
Nearest school | 0.90 miles away |
Nearest train station | 6.31 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +35% |
Sales demand | Seller's market |
Capital growth (5yrs) | +19% |
Property History
Listed for £395,000
August 9, 2024
Floor Plans

Description
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