2 Bed Bungalow, Single Let, Durham, DH7 6RH, £140,000

Rose Bungalow, Witton Gilbert, DH7 6RH - 2 views - 8 months ago

BTL
~68 m²
+15 photos

ValuationOvervalued

Sold Prices£52K - £175K
Sold Prices/m²£589/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£83,247

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£450 - £3,200

Rent Estimate

£550

Running Costs/mo

£568

Cashflow/mo

£-17

Cashflow/yr

£-210

Gross Yield

5%

Local Sold Prices

25 sold prices from £52K to £175K, average is £92K. £589/m² to £3.2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£105K06/230 mi1, May Lea, Witton Gilbert, Durham, County Durham DH7 6RH2
£100K07/230.06 mi21, Oak Lea, Witton Gilbert, Durham, County Durham DH7 6RW2
£92K02/230.11 mi20, Chester Gardens, Witton Gilbert, Durham, County Durham DH7 6QZ2
£84.8K03/210.12 mi93, Norburn Park, Witton Gilbert, Durham DH7 6SG2
£95K01/230.15 mi94, Norburn Park, Witton Gilbert, Durham, County Durham DH7 6SG2
£92.5K07/230.34 mi6, North Terrace, Witton Gilbert, Durham, County Durham DH7 6TE2
£120K03/230.46 mi20, Mafeking Terrace, Sacriston, Durham, County Durham DH7 6ND2
£73K09/210.49 mi7, Sowerby Street, Sacriston, Durham, County Durham DH7 6NQ2
£175K03/210.51 mi17, Priory Court, Sacriston, Durham DH7 6LB2
£88K06/230.53 mi17, Charlaw Terrace, Sacriston, Durham, County Durham DH7 6NJ2
£115K08/210.56 mi4, Craigland Villas, Sacriston, Durham DH7 6LX2
£69.5K12/200.58 mi26, Findon Hill, Sacriston, Durham DH7 6LR2
£75K03/230.59 mi1, Fynway, Sacriston, Durham, County Durham DH7 6LP2
£110K12/200.66 mi96a, Holly Crescent, Sacriston, Durham, County Durham DH7 6PT2
£125K01/230.66 mi82, Holly Crescent, Sacriston, Durham, County Durham DH7 6PT2
£108K08/230.67 mi3, Meadow View, Sacriston, Durham, County Durham DH7 6HW2
£109.5K02/230.72 mi53, Plawsworth Road, Sacriston, Durham, County Durham DH7 6PD2
£75K02/210.72 mi6, Elliott Street, Sacriston, Durham DH7 6JH2
£104K09/210.73 mi18, Ashwood Close, Sacriston, Durham, County Durham DH7 6QN2
£70K05/210.74 mi2, Rydal Close, Sacriston, Durham DH7 6DG2
£69.5K01/210.77 mi25, Gregson Street, Sacriston, Durham, County Durham DH7 6HU2
£92K06/210.79 mi5, Beechwood Close, Sacriston, Durham DH7 6QL2
£52K03/210.83 mi5, Witton Avenue, Sacriston, Durham DH7 6HZ2
£57K11/200.86 mi2, Davison Terrace, Sacriston, Durham, County Durham DH7 6AE2
£60K07/230.86 mi17, Davison Terrace, Sacriston, Durham, County Durham DH7 6AE2

Local Rents

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

RentDateDistanceAddressBeds 
£75012/240.13 miFyndoune Way, Witton Gilbert, Durham2
£57512/240.19 miDene Court, Witton Gilbert, Durham, DH72
£80012/240.22 miLouisa Terrace, Witton Gilbert, Durham2
£80012/240.39 miWitton Gilbert , Durham3
£65012/240.42 miWestwood View, Sacriston, DH73
£57509/230.54 mi-3
£65008/240.54 mi-3
£2,80012/240.56 miWellsprings Farm, Hartside, Durham, DH13
£1,30012/240.66 mi-4
£1,30012/240.66 miHolly Crescent, Sacriston, Durham, County Durham, DH74
£3,20004/250.75 mi-4
£55012/240.79 mi-2
£2,97002/250.8 mi-4
£65002/250.8 mi-3
£60004/250.81 mi-3
£52512/240.81 miElm Court, Sacriston, Durham, DH71
£65012/240.86 miCharlaw Close, Sacriston, County Durham, DH73
£2,60012/240.88 miThe Shepherds Hut, Hartside, DH11
£60012/240.9 miUphill Drive, Sacriston, Durham, DH72
£60004/251.06 mi-2
£1,65010/241.1 mi-4
£65012/241.51 mi-3
£57512/241.52 miLime Terrace, Langley Park, Durham, DH7 9SN2
£2,30004/251.53 mi-4
£57512/241.53 miLarch Terrace, Langley Park, Durham, DH72
£62012/231.53 mi-2
£75012/241.55 miPark Drive, Langley Park3
£60012/241.57 miElm Street, Langley Park, Durham, Durham, DH73
£2,16712/241.64 miEureka Mews, Chester Le Street, DH22
£1,95012/241.64 miEureka Mews, DH21
£50012/241.65 miRailway Street, Langley Park, DH72
£55012/241.67 miQuebec Street, Langley Park, Durham3
£60003/251.67 mi-2
£67512/241.68 miDurham Street, Langley Park, Durham, County Durham, DH72
£62512/241.69 miIvy Terrace, Langley Park, Durham, DH73
£65012/241.79 miFarrier Close, Pity Me2
£75012/241.8 miFarrier Close, Pity Me, Durham, DH12
£1,70012/241.85 mi-3
£1,85001/251.85 mi-3
£2,10004/251.85 mi-3
£45004/251.87 mi-2
£89501/251.87 mi-3
£80012/241.93 miAuton Stile, Bearpark, Durham2
£1,79503/251.94 mi-2
£77512/241.97 miVictoria Court, Durham, DH13
£1,12712/241.97 mi-2
£58512/241.99 miFront Street, Framwellgate Moor7
£74012/241.99 miMains Court, Framwellgate Moor2
£80009/231.99 mi-3
£2,50003/252.03 mi-3

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

3.37 miles away

Nearest school

0.30 miles away

Nearest train station

2.97 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £140,000

August 30, 2024

Description

  • New build bungalow +
  • Highly sought after village location +
  • Off-Street parking +
  • Versatile living accommodation +
  • Chain free +
  • Must be seen to be appreciated +

Kitchen / Family room 5.87m x 3.44m
An extremely well appointed kitchen which benefits from a wide range if brand new base and wall units. The contemporary units are enhanced by complimentary worktops and modern flooring, which creates a modern atmosphere which is reflected throughout the rest of the bungalow. The kitchen also benefits from a brand new integrated electric oven and hob.
The dimensions of the room are excellent, and the bungalow has been designed with modern living in mind, as the kitchen, whilst an aesthetically differentiated space, is open plan with the spacious living area to create a wonderful space which is modern and stylish, yet comfortable. The living area benefits from plenty of windows which allow natural light to flood in and further accentuate the feeling of space. The living area is designated as a separate space through soft furnishings, as it is made pleasant and cosy with a brand new carpet that your toes sink into. Master bedroom / Potential second living room 5.10m x 2.65m
An extremely well proportioned room which is a huge benefit to the bungalow, as it allows it to provide versatile living accommodation which can be easily adapted to any lifestyle, as it can be used for a multitude of purposes including the master bedroom, or it can be used as a second living area if you prefer a more formal living space.
Stylistically, the room is reflective of the rest of the bungalow in that it is ready to move straight into; benefitting from a brand new soft carpet and neutral decoration. In keeping with the spacious feel of the rest of the bungalow, the room dimensions are excellent, and sunshine floods in. Bedroom Two 5.12m x 2.90m
The second bedroom is another extremely well proportioned room. Large windows allow plenty of natural light to flood into the room, creating a pleasant atmosphere that is reflective of the rest of the bungalow. Once again, it has been fitted out with brand new carpets and neutral decoration. Bathroom 1.94m x 1.66m
A well appointed bathroom benefitting from a contemporary white suite and an over the bath shower - an essential amenity for any modern home. The finishing in the bathroom is wonderfully stylish, and must be seen to be appreciated. Garden
The bungalow benefits from a good sized but low maintenance garden to the front, which the living room looks out onto, creating a pleasant atmosphere.

Agent Details

DH1 Lettings & Sales, Durham

0191 743 3246

Next Steps?

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