2 Bed Flat, Single Let, Durham, DH1 5BT, £112,000





ValuationOvervalued
Sold Prices | £48K - £147K |
Sold Prices/m² | £1.3K/m² - £1.9K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.6K/m² |
Value Estimate | £92,354 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £28,000 |
Stamp Duty & Legal Fees | £6,800 |
Total Cash In | £34,800 |
| |
Cash Out | |
Rent Range | £650 - £1,795 |
Rent Estimate | £725 |
Running Costs/mo | £515 |
Cashflow/mo | £210 |
Cashflow/yr | £2,520 |
ROI | 7% |
Gross Yield | 8% |
Local Sold Prices
20 sold prices from £48K to £147K, average is £85.5K. £1.3K/m² to £1.9K/m², average is £1.4K/m².
Local Rents
14 rents from £650/mo to £1.8K/mo, average is £981/mo.
Local Area Statistics
Population in DH1 | 49,938 |
Population in Durham | 124,445 |
Town centre distance | 1.71 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.36 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +5% |
Sales demand | Balanced market |
Capital growth (5yrs) | +10% |
Property History
Price changed to £112,000
February 20, 2025
Listed for £115,000
October 1, 2024
Floor Plans

Description
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