3 Bed Terraced House, Single Let, Bishop Auckland, DL14 9QW, £110,000

16 Farncombe Terrace, Bishop Auckland, County Durham, DL14 9QW - 2 views - 7 months ago

Sold STC
BTL
ROI: 1%
80 m²
+12 photos

ValuationUndervalued

Sold Prices£58K - £235K
Sold Prices/m²£620/m² - £3.5K/m²

 

 

Square Metres

80 m²
Price/m²£1.4K/m²

Value Estimate

£117,324
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£400 - £1,200

Rent Estimate

£480

Running Costs/mo

£460

Cashflow/mo

£20

Cashflow/yr

£243

ROI

1%

Gross Yield

5%

Local Sold Prices

29 sold prices from £58K to £235K, average is £105K. £620/m² to £3.5K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£80K12/200 mi2, Farncombe Terrace, Evenwood, Bishop Auckland, County Durham DL14 9QW3
£80K11/200.01 mi13, West View, Evenwood, Bishop Auckland, Durham DL14 9QH3
£58K02/230.2 mi12, Alpine Terrace, Evenwood, Bishop Auckland, County Durham DL14 9QT3
£105K11/210.21 mi1, Jubilee Terrace, Evenwood, Bishop Auckland, Durham DL14 9QE3
£122.5K08/230.27 mi16, Lynas Place, Evenwood, Bishop Auckland, County Durham DL14 9RF3
£113.5K04/210.27 mi6, Lynas Place, Evenwood, Bishop Auckland, County Durham DL14 9RF3
£80K12/220.38 mi45, Shirley Close, Evenwood, Bishop Auckland, County Durham DL14 9RQ3
£98.5K06/230.48 mi73, Newholme Crescent, Evenwood, Bishop Auckland, County Durham DL14 9RZ3
£117.5K03/210.48 mi48, Newholme Crescent, Evenwood, Bishop Auckland, County Durham DL14 9RZ3
£64K02/210.52 mi40, Swan Street, Evenwood, Bishop Auckland, County Durham DL14 9RN3
£78.5K02/210.52 mi32, Swan Street, Evenwood, Bishop Auckland, County Durham DL14 9RN3
£96K05/210.7 mi2, Oaks Bank, Evenwood, Bishop Auckland, Durham DL14 9SD3
£235K01/210.91 mi52, Gordon Lane, Ramshaw, Bishop Auckland, Durham DL14 0NL3
£93K11/211.35 mi4, Dickenson Road, West Auckland, Bishop Auckland, Durham DL14 9JW3
£136.5K01/211.39 mi92, Copeland Road, West Auckland, Bishop Auckland, County Durham DL14 9JN3
£93K02/231.43 mi8, Simpson Road, West Auckland, Bishop Auckland, County Durham DL14 9JP3
£95K06/211.49 mi19, Windermere Drive, West Auckland, Bishop Auckland, County Durham DL14 9LF3
£125K11/201.49 mi45, Windermere Drive, West Auckland, Bishop Auckland, County Durham DL14 9LF3
£145K02/231.55 mi7, Derwent Avenue, West Auckland, Bishop Auckland, County Durham DL14 9LH3
£126.5K03/211.59 mi3, Windermere Drive, West Auckland, Bishop Auckland, County Durham DL14 9LE3
£188.5K05/211.59 mi16, Windermere Drive, West Auckland, Bishop Auckland, Durham DL14 9LE3
£87.5K12/201.6 mi45, Staindrop Road, West Auckland, Bishop Auckland, Durham DL14 9JU3
£140K10/211.6 mi10, Buttermere Grove, West Auckland, Bishop Auckland, County Durham DL14 9LG3
£122.5K04/211.77 mi20, Oakley Manor, West Auckland, Bishop Auckland, County Durham DL14 9AQ3
£168K01/231.85 mi17, Staindrop Road, Cockfield, Bishop Auckland, County Durham DL13 5DG3
£115K09/221.88 mi45, The Fallows, Cockfield, Bishop Auckland, County Durham DL13 5DE3
£140K07/211.97 mi35, South Road, High Etherley, Bishop Auckland, County Durham DL14 0LF3
£82K12/221.98 mi15, Oxford Terrace, Cockfield, Bishop Auckland, County Durham DL13 5DU3
£64K08/211.99 mi3, Millbank Close, West Auckland, Bishop Auckland, Durham DL14 9HN3

Local Rents

38 rents from £400/mo to £1.2K/mo, average is £550/mo.

RentDateDistanceAddressBeds 
£49502/240 mi-2
£49502/240 mi-2
£45010/230.23 mi-2
£49502/240.23 mi-3
£55003/240.26 miWellgarth Evenwood Bishop Auckland, Bishop Auckland3
£49512/240.28 miChapel Street, Evenwood, Bishop Auckland3
£62010/230.48 mi-2
£59008/240.48 mi-2
£40006/230.48 mi-2
£60012/230.52 mi-2
£55004/240.53 miOsborne Terrace, Evenwood, Bishop Auckland, County Durham, DL142
£52503/240.54 miMaud Terrace, Evenwood, Bishop Auckland, Durham, DL14 9RU2
£60004/240.55 miSwan Street, Evenwood,3
£55011/230.56 mi-2
£55001/240.56 mi-2
£49508/241.14 mi-2
£85003/251.59 mi-3
£1,20004/241.63 miStaindrop Road, West Auckland3
£55009/231.77 mi-2
£95003/251.85 mi-3
£47503/241.9 miThe Nursery, West Auckland, Bishop Auckland, Co Durham., DL142
£69502/251.94 mi-3
£85004/241.97 miProspect Square, Cockfield, Bishop Auckland3
£50004/232 mi-2
£65004/242.03 miNorthbridge Park, St Helen Auckland 3
£69504/242.04 miSouth Road, High Etherley2
£57503/242.06 miRiver Walk, West Auckland3
£57504/242.06 miRiver Walk, West Auckland3
£65004/242.07 miOakley Green, West Auckland, Bishop Auckland, County Durham, DL143
£60008/242.09 mi-2
£52504/242.14 mi-3
£52504/242.14 mi-3
£52504/242.14 mi-3
£52503/242.14 miYork Terrace, Cockfield, Bishop Auckland2
£55012/242.27 mi-3
£55001/252.27 mi-3
£72503/242.4 miWalton Crescent, St. Helen Auckland, Bishop Auckland, County Durham, DL143
£55012/232.41 mi-3

Local Area Statistics

Population in DL14

37,237

Population in Bishop Auckland

51,200

Town centre distance

3.57 miles away

Nearest school

0.30 miles away

Nearest train station

4.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

-4%

Property History

Listed for £110,000

September 6, 2024

Sold for £105,000

2021

Sold for £24,500

1995

Floor Plans

Description

  • THREE BEDROOMS +
  • TERRACED +
  • OIL CENTRAL HEATING +
  • UPVC DOUBLE GLAZING +
  • GARDEN +
  • DOUBLE DRIVE +
  • VILLAGE LOCATION +
  • EPC GRADE D +

Beautifully presented three bedroomed family home, benefiting from a garden and off street parking for two cars. The property is located within the quiet, semi rural village, Evenwood allows for access to a range of local amenities such as shops, cafés, doctors surgery and primary schools. For commuters the A688 is nearby which leads to the A1(M) both North and South, whilst the neighbouring towns Bishop Auckland and Barnard Castle provide a further array of amenities which include supermarkets, restaurants, secondary schools, popular high street retail stores as well further healthcare services. There is an extensive public transport system in the area with frequent bus services through the village.

In brief the property comprises; an entrance hall leading through to the living room, dining room, kitchen and wet room to the ground floor, The first floor contains the master bedroom and two further bedrooms. Externally the property has an enclosed yard to the rear with gated access to the rear lane. Across the rear lane there is off street parking for two cars as well as large enclosed lawned garden with large storage shed benefiting from power and lights.

Living Room - 3.95m x 3.8m (12'11" x 12'5") - Beautifully presented living room with neutral decor, oak flooring, ample space for furniture, multi fuel stove and large bay window to the front elevation.

Dining Room - 4.14m x 3.88m (13'6" x 12'8") - The second reception room is another great size, with oak flooring, space for a table and chairs, further furniture and window to the rear elevation.

Kitchen - 3.7m x 2.12m (12'1" x 6'11") - The kitchen is fitted with a range of modern wall, base and drawer units, complementing work surfaces, tiled splash backs and sink/drainer unit. Benefiting from an integrated oven, hob and overhead extractor along with space for further free standing appliances.

Wet Room - 2.57m x 2.1m (8'5" x 6'10") - The wet room contains a WC, wash hand basin and shower.

Master Bedroom - 4.0m x 3.0m (13'1" x 9'10") - The master bedroom provides space for a king sized bed, further furniture and window to the front elevation.

Bedroom Two - 4.1m x 3.0m (13'5" x 9'10") - The second bedroom is another large double bedroom with window to the rear elevation.

Bedroom Three - 3.1m x 1.83m (10'2" x 6'0") - The third bedroom is a single room with window to the front elevation.

External - Externally the property has an enclosed yard to the rear with gated access to the rear lane. Across the rear lane there is off street parking for two cars as well as large enclosed lawned garden with large storage shed benefiting from power and lights.

Agent Details

Hunters, Bishop Auckland

01388 311339

Next Steps?

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