3 Bed Terraced House, Single Let, Durham, DH7 6SF, £107,500

Norburn Park, Witton Gilbert, Durham, DH7 6SF - 2 views - 8 months ago

Under Offer
BTL
ROI: 2%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£78K - £405K
Sold Prices/m²£929/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£140,372
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,875

Stamp Duty & Legal Fees

£4,649

Total Cash In

£31,524

 

 

Cash Out

 

Rent Range

£450 - £3,200

Rent Estimate

£550

Running Costs/mo

£466

Cashflow/mo

£84

Cashflow/yr

£1,009

ROI

3%

Gross Yield

6%

Local Sold Prices

48 sold prices from £78K to £405K, average is £133K. £929/m² to £4.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£120K06/210.06 mi28, Hillside, Witton Gilbert, Durham, County Durham DH7 6RB3
£93K08/210.08 mi112, Norburn Park, Witton Gilbert, Durham, County Durham DH7 6SG3
£97.5K06/230.11 mi11, May Lea, Witton Gilbert, Durham, County Durham DH7 6RH3
£105K04/230.19 mi89, Rose Lea, Witton Gilbert, Durham, County Durham DH7 6RE3
£110K02/230.23 mi5, Fyndoune Way, Witton Gilbert, Durham, County Durham DH7 6RL3
£161K05/230.27 mi8, Acorn Croft, Witton Gilbert, Durham, County Durham DH7 6SL3
£155K06/230.27 mi9, Acorn Croft, Witton Gilbert, Durham, County Durham DH7 6SL3
£125K03/230.37 mi25, Woodside, Sacriston, Durham, County Durham DH7 6NA3
£105K02/210.39 mi60, Valley View, Sacriston, Durham DH7 6NX3
£190K02/210.4 mi96, Brookside, Witton Gilbert, Durham, County Durham DH7 6RU3
£114K11/200.4 mi6, Chapel Court, Witton Gilbert, Durham DH7 6UD3
£405K06/230.42 mi4, Front Street, Witton Gilbert, Durham, County Durham DH7 6SR3
£87.5K07/230.44 mi27, Westwood View, Sacriston, Durham, County Durham DH7 6PA3
£156K12/200.49 mi1, Park View, Witton Gilbert, Durham DH7 6TH3
£195K06/230.49 mi1, Park View, Witton Gilbert, Durham, County Durham DH7 6TH3
£145.5K11/200.59 mi2, Holmesland Villas, Sacriston, Durham DH7 6LT3
£162.5K06/210.59 mi20, Coldingham Court, Sacriston, Durham DH7 6XG3
£158.5K05/210.59 mi6, Coldingham Court, Sacriston, Durham DH7 6XG3
£90K03/230.61 mi21, Front Street, Sacriston, Durham, County Durham DH7 6JS3
£172K02/230.61 mi4, Holmesland Villas, Sacriston, Durham, County Durham DH7 6LT3
£180K04/230.61 mi9, Holmesland Villas, Sacriston, Durham, County Durham DH7 6LT3
£120K01/230.64 mi7, Wesley Close, Sacriston, Durham, County Durham DH7 6JG3
£133K02/210.66 mi12, St Cuthberts Drive, Sacriston, Durham DH7 6XE3
£160K06/210.66 mi10, St Cuthberts Drive, Sacriston, Durham DH7 6XE3
£118K05/210.67 mi3, Wesley Close, Sacriston, Durham DH7 6JG3
£160K07/230.67 mi7, Eastwood, Sacriston, Durham, County Durham DH7 6UR3
£138K07/210.7 mi100, Holly Crescent, Sacriston, Durham, County Durham DH7 6PT3
£95K11/200.7 mi24, Elliot Street, Sacriston, Durham, County Durham DH7 6JH3
£135K03/230.72 mi47, Plawsworth Road, Sacriston, Durham, County Durham DH7 6PD3
£78K11/200.73 mi1, Derwent Close, Sacriston, Durham, County Durham DH7 6DQ3
£125K09/210.74 mi12, Newtown Villas, Sacriston, Durham DH7 6HX3
£133K04/230.74 mi29, Coniston Drive, Sacriston, Durham, County Durham DH7 6DF3
£80K05/210.74 mi18, Coniston Drive, Sacriston, Durham, County Durham DH7 6DF3
£138.5K04/210.8 mi25, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£105K02/210.8 mi56, Beechwood Close, Sacriston, Durham DH7 6QL3
£91K12/200.8 mi74, Beechwood Close, Sacriston, Durham DH7 6QL3
£132.5K03/210.8 mi23, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£122K03/210.8 mi10, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£165K03/230.8 mi27, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£168K01/230.81 mi68, Plawsworth Road, Sacriston, Durham, County Durham DH7 6PE3
£85K11/200.85 mi5, Morningside, Sacriston, Durham DH7 6JB3
£95K09/210.86 mi30, Lingey Close, Sacriston, Durham DH7 6AL3
£100K10/200.87 mi27, Parkside, Sacriston, Durham, County Durham DH7 6JU3
£246.5K03/210.9 miFour Winds, Kaysburn, Witton Gilbert, Durham DH7 6TJ3
£169.9K02/230.97 mi3, Dene Crescent, Sacriston, Durham, County Durham DH7 6PJ3
£145K09/210.99 mi37, Deneside, Sacriston, Durham, County Durham DH7 6DE3
£140K11/201 mi13, Ashford Drive, Sacriston, Durham, County Durham DH7 6BB3
£205K11/221 mi2, Edgewood Court, Sacriston, Durham, County Durham DH7 6XH3

Local Rents

50 rents from £450/mo to £3.2K/mo, average is £745/mo.

RentDateDistanceAddressBeds 
£75012/240.23 miFyndoune Way, Witton Gilbert, Durham2
£80012/240.28 miLouisa Terrace, Witton Gilbert, Durham2
£57512/240.29 miDene Court, Witton Gilbert, Durham, DH72
£65012/240.38 miWestwood View, Sacriston, DH73
£80012/240.41 miWitton Gilbert , Durham3
£57509/230.54 mi-3
£65008/240.54 mi-3
£2,80012/240.66 miWellsprings Farm, Hartside, Durham, DH13
£1,30012/240.68 mi-4
£1,30012/240.7 miHolly Crescent, Sacriston, Durham, County Durham, DH74
£3,20004/250.72 mi-4
£65002/250.73 mi-3
£2,97002/250.74 mi-4
£55012/240.77 mi-2
£52512/240.79 miElm Court, Sacriston, Durham, DH71
£65012/240.8 miCharlaw Close, Sacriston, County Durham, DH73
£60004/250.83 mi-3
£60012/240.92 miUphill Drive, Sacriston, Durham, DH72
£2,60012/240.99 miThe Shepherds Hut, Hartside, DH11
£60003/251.02 mi-2
£1,65010/241.07 mi-4
£65012/241.46 mi-3
£57512/241.48 miLime Terrace, Langley Park, Durham, DH7 9SN2
£57512/241.49 miLarch Terrace, Langley Park, Durham, DH72
£2,30004/251.49 mi-4
£62012/231.5 mi-2
£75012/241.51 miPark Drive, Langley Park3
£60012/241.52 miElm Street, Langley Park, Durham, Durham, DH73
£50012/241.59 miRailway Street, Langley Park, DH72
£55012/241.62 miQuebec Street, Langley Park, Durham3
£60003/251.63 mi-2
£67512/241.63 miDurham Street, Langley Park, Durham, County Durham, DH72
£62512/241.64 miIvy Terrace, Langley Park, Durham, DH73
£2,16712/241.69 miEureka Mews, Chester Le Street, DH22
£1,95012/241.69 miEureka Mews, DH21
£65012/241.9 miFarrier Close, Pity Me2
£75012/241.9 miFarrier Close, Pity Me, Durham, DH12
£1,70012/241.91 mi-3
£1,85001/251.91 mi-3
£2,10004/251.91 mi-3
£45004/251.94 mi-2
£89501/251.98 mi-3
£80012/242.01 miAuton Stile, Bearpark, Durham2
£1,79503/252.05 mi-2
£77512/242.08 miVictoria Court, Durham, DH13
£1,12712/242.09 mi-2
£58512/242.1 miFront Street, Framwellgate Moor7
£74012/242.1 miMains Court, Framwellgate Moor2
£80009/232.1 mi-3
£1,25012/242.15 miGrant Close, Ushaw Moor, Durham, DH74

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

3.48 miles away

Nearest school

0.30 miles away

Nearest train station

3.08 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £107,500

January 27, 2025

Listed for £114,950

August 23, 2024

Sold for £83,000

2012

Sold for £53,000

2002

Floor Plans

Description

  • CHAIN FREE +
  • WELL PRESENTED +
  • POPULAR LOCATION +

Ideally suited to first time buyers or small family, we have pleasure in offering for sale, this exceptionally well presented and much improved terraced property. Available with immediate vacant possession it has double glazing, gas central heating and offers accommodation which briefly comprises: Entrance hall, lounge, dining room, fitted kitchen with built in oven, hob, extractor hood and has door leading to the rear garden. To the first floor are three bedrooms and a family bathroom/wc providing bath with shower over. Externally there are gardens to the front and rear as well as a single garage in a near by block.
There are a range of local shops and amenities available within the village, with a more comprehensive range of shopping and recreational facilities and amenities available within Durham City Centre which lies approximately 4 miles distant. Witton Gilbert is well placed for commuting purposes as it lies adjacent to the A(691) Highway which provides good road links to other regional centres.

Agent Details

Ben Charles, Durham

0191 625 0846

Next Steps?

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