4 Bed Terraced House, Planning Permission, Durham, DH1 1QN, £585,000





ValuationOvervalued
Sold Prices | £142.5K - £715K |
Sold Prices/m² | £1.1K/m² - £3.9K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £4.5K/m² |
Value Estimate | £314,532 |
| |
End Value (After Refurb) | £361,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £146,250 |
Stamp Duty & Legal Fees | £47,200 |
Refurb Costs | £49,479 |
Bridging Loan Interest | £15,356 |
Total Cash In | £260,035 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £361,000 |
Mortgage (After Refinance) | £270,750 |
Mortgage LTV | 75% |
Cash Left In | £260,035 |
Equity | £90,250 |
Rent Range | £628 - £4,394 |
Rent Estimate | £2,400 |
Running Costs/mo | £1,628 |
Cashflow/mo | £772 |
Cashflow/yr | £9,263 |
ROI | 4% |
Gross Yield | 5% |
Local Sold Prices
32 sold prices from £142.5K to £715K, average is £358K. £1.1K/m² to £3.9K/m², average is £2.4K/m².
Local Rents
26 rents from £628/mo to £4.4K/mo, average is £2.4K/mo.
Local Area Statistics
Population in DH1 | 49,938 |
Population in Durham | 124,445 |
Town centre distance | 0.32 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.60 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +5% |
Sales demand | Balanced market |
Capital growth (5yrs) | +10% |
Property History
Price changed to £585,000
October 18, 2024
Listed for £600,000
September 17, 2024
Floor Plans

Description
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