3 Bed Terraced House, Single Let, Durham, DH6 5AJ, £70,000

19 Newburn Avenue, Durham, DH6 5AJ - 4 views - 7 months ago

Sold STC
BTL
ROI: 13%
68 m²
+7 photos

ValuationUndervalued

Sold Prices£58K - £337.5K
Sold Prices/m²£592/m² - £2.9K/m²

 

 

Square Metres

68.38 m²
Price/m²£1K/m²

Value Estimate

£93,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,450

Total Cash In

£20,950

 

 

Cash Out

 

Rent Range

£525 - £1,500

Rent Estimate

£616

Running Costs/mo

£362

Cashflow/mo

£254

Cashflow/yr

£3,049

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £58K to £337.5K, average is £110K. £592/m² to £2.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£75K10/200.04 mi4, St Johns Crescent, Bowburn, Durham, County Durham DH6 5AQ3
£87K12/200.1 mi5, Slater Place, Bowburn, Durham, County Durham DH6 5PH3
£95K10/200.1 mi6, Slater Place, Bowburn, Durham, County Durham DH6 5PH3
£110K11/210.1 mi4, Mary Terrace, Bowburn, Durham, County Durham DH6 5DQ3
£60K10/210.1 mi9, Mary Terrace, Bowburn, Durham, County Durham DH6 5DQ3
£97K03/230.13 mi17, William Street, Bowburn, Durham, County Durham DH6 5DY3
£121K11/200.13 mi55, Prince Charles Avenue, Bowburn, Durham, County Durham DH6 5DW3
£71K04/210.15 mi5, Prince Charles Avenue, Bowburn, Durham, County Durham DH6 5DJ3
£85K07/210.16 mi5, Edward Avenue, Bowburn, Durham, County Durham DH6 5EB3
£110K04/230.16 mi7, Edward Avenue, Bowburn, Durham, County Durham DH6 5EB3
£127K11/200.19 mi48, Runcie Road, Bowburn, Durham DH6 5EY3
£145K03/210.19 mi6, Runcie Road, Bowburn, Durham, County Durham DH6 5EY3
£142.5K09/210.21 mi5, Barrington Way, Bowburn, Durham DH6 5QD3
£125K12/220.21 mi16, Margaret Court, Bowburn, Durham, County Durham DH6 5DX3
£67K05/210.26 mi12, Durham Road, Bowburn, Durham DH6 5AT3
£65K10/210.26 mi16, Durham Road, Bowburn, Durham DH6 5AT3
£87K10/210.26 mi21, Steavenson Street, Bowburn, Durham DH6 5AZ3
£84K06/230.26 mi31, Steavenson Street, Bowburn, Durham, County Durham DH6 5AZ3
£58K02/210.26 mi45, Steavenson Street, Bowburn, Durham DH6 5AZ3
£82.5K03/230.27 mi12, Steavenson Street, Bowburn, Durham, County Durham DH6 5BA3
£130.5K06/230.3 mi28, Griffiths Court, Bowburn, Durham, County Durham DH6 5FD3
£137K01/210.3 mi35, Griffiths Court, Bowburn, Durham DH6 5FD3
£132K11/200.3 mi4, Griffiths Court, Bowburn, Durham DH6 5FD3
£60K06/210.3 mi30, Clarence Street, Bowburn, Durham DH6 5BB3
£110K07/210.32 mi14, Mccormick Close, Bowburn, Durham, County Durham DH6 5BY3
£120K06/230.33 mi67, David Terrace, Bowburn, Durham, County Durham DH6 5EF3
£80K04/210.34 mi5, Lansdowne Crescent, Bowburn, Durham DH6 5BL3
£98K06/230.34 mi7, Lansdowne Crescent, Bowburn, Durham, County Durham DH6 5BL3
£124.5K11/200.35 mi71, Bell Avenue, Bowburn, Durham, County Durham DH6 5PE3
£178K05/210.35 mi30, Broadmeadows, Bowburn, Durham, County Durham DH6 5DA3
£136K04/210.35 mi20, Broadmeadows, Bowburn, Durham, County Durham DH6 5DA3
£80K11/200.38 mi15, Cambridge Terrace, Bowburn, Durham, County Durham DH6 5AY3
£140K10/210.4 mi56, Bell Avenue, Bowburn, Durham, County Durham DH6 5PJ3
£100K07/210.4 mi90, Bell Avenue, Bowburn, Durham, County Durham DH6 5PJ3
£103.5K02/230.41 mi49, Henry Avenue, Bowburn, Durham, County Durham DH6 5EN3
£245K10/210.42 mi5, Dallymore Drive, Bowburn, Durham, County Durham DH6 5ES3
£130K11/220.45 mi29, Millford Way, Bowburn, Durham, County Durham DH6 5DE3
£147K08/210.45 mi1, Marlene Avenue, Bowburn, Durham, County Durham DH6 5EW3
£131.8K12/200.45 mi5, Leyland Close, Bowburn, Durham DH6 5DD3
£145K01/230.47 mi24, Henry Avenue, Bowburn, Durham, County Durham DH6 5EL3
£140K12/220.51 mi21, Henry Avenue, Bowburn, Durham, County Durham DH6 5EL3
£337.5K06/210.73 mi2, Southlands, Coxhoe, Durham, County Durham DH6 4LQ3
£78K01/230.78 mi163, Park Avenue, Coxhoe, Durham, County Durham DH6 4JL3
£99K12/220.79 mi98, Park Avenue, Coxhoe, Durham, County Durham DH6 4JN3
£120K08/210.81 mi36, Park Avenue, Coxhoe, Durham, County Durham DH6 4JW3
£150K12/220.84 mi171, Park Avenue, Coxhoe, Durham, County Durham DH6 4JL3
£105K04/210.84 mi183, Park Avenue, Coxhoe, Durham, County Durham DH6 4JL3
£96K05/230.91 mi39, Park Avenue, Coxhoe, Durham, County Durham DH6 4JJ3
£157K01/230.99 mi3, Earls Way, Coxhoe, Durham, County Durham DH6 4BU3
£80K01/211 mi3, Hollyhock Terrace, Coxhoe, Durham, County Durham DH6 4JD3

Local Rents

16 rents from £525/mo to £1.5K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£59512/240.01 mi-3
£65002/250.02 mi-3
£52511/240.02 mi-3
£1,50012/240.04 mi-3
£1,10011/240.04 mi-3
£70012/240.09 mi-3
£65012/240.26 miDurham Road, Bowburn, Durham, Durham, DH63
£65012/240.27 miSteavenson Street, Bowburn3
£80012/240.27 miLawson Road, Bowburn3
£75012/240.3 miCharlton Court, Bowburn, DH63
£56312/240.31 miGrange Way - DH63
£75012/240.4 miBell Avenue, Bowburn, Durham, DH63
£90012/240.42 miTilery Close, Bowburn3
£77512/240.43 miCavell Drive, Bowburn, Durham, DH63
£87512/240.45 miLeamside Way, Bowburn3
£79512/240.51 mi21 Henry Avenue, Bowburn, Durham3

Local Area Statistics

Population in DH6

33,466

Population in Durham

124,445

Town centre distance

3.25 miles away

Nearest school

0.40 miles away

Nearest train station

3.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Price changed to £70,000

November 22, 2024

Listed for £75,000

September 9, 2024

Sold for £45,000

2003

Sold for £41,000

2002

Floor Plans

Description

  • Three Bed Terrace +
  • Excellent Location +
  • Newly Renovated +
  • EPC Grade D +
  • Council Tax Band A +
  • Chain Free +

We are delighted to present this three bedroom terraced property in the increasingly popular area of Bowburn. The property has been recently renovated so would make an ideal first home, or could equally be of interest for buy-to-let investors. The ground floor briefly comprises a generous lounge, a brand-new kitchen, and a family bathroom. On the first floor there are three spacious bedrooms. Offered with no onward chain, we anticipate interest on the property, so call to arrange a viewing.

EPC Grade D
Council Tax Band A

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

DCI240566/2

Agent Details

Reeds Rains, Durham City

0191 625 0250

Next Steps?

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