2 Bed Terraced House, Single Let, Bishop Auckland, DL14 6QP, £72,000

Douthwaite Road, Bishop Auckland, County Durham, DL14 6QP - 1 views - 7 months ago

Sold STC
BTL
ROI: 9%
~68 m²
+14 photos

ValuationUndervalued

Sold Prices£30K - £190K
Sold Prices/m²£468/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£84,277
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,000

Stamp Duty & Legal Fees

£3,360

Total Cash In

£21,360

 

 

Cash Out

 

Rent Range

£450 - £595

Rent Estimate

£497

Running Costs/mo

£344

Cashflow/mo

£153

Cashflow/yr

£1,831

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £30K to £190K, average is £83.3K. £468/m² to £3K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£44K10/210.07 mi12, Douthwaite Road, Bishop Auckland, Durham DL14 6QP2
£100K10/210.23 mi3a, Hardisty Crescent, Bishop Auckland, Durham DL14 6PG2
£61K05/230.25 mi56, Dere Avenue, Bishop Auckland, County Durham DL14 9SY2
£85K12/200.25 mi20, Dere Avenue, Bishop Auckland, County Durham DL14 9SY2
£70K01/210.25 mi18, Dere Avenue, Bishop Auckland, Durham DL14 9SY2
£98K03/210.26 mi54, Murphy Crescent, Bishop Auckland, County Durham DL14 6QH2
£83K02/230.29 mi7, Richardson Avenue, Bishop Auckland, County Durham DL14 6TP2
£45.4K10/200.3 mi29, Ramsey Crescent, Bishop Auckland, County Durham DL14 6TL2
£83.5K07/210.31 mi7, Irvin Avenue, Bishop Auckland, County Durham DL14 6QG2
£40K11/200.32 mi66, West Lane, Bishop Auckland, County Durham DL14 0QY2
£158.5K12/220.34 mi49, Shawbrow View, Bishop Auckland, County Durham DL14 6XH2
£62K04/230.35 mi4, Brantwood Terrace, Bishop Auckland, County Durham DL14 9TA2
£147K05/230.36 mi24, Shawbrow View, Bishop Auckland, County Durham DL14 6XH2
£90K01/210.36 mi57, Shawbrow View, Bishop Auckland, County Durham DL14 6XH2
£125K02/210.36 mi30, Shawbrow View, Bishop Auckland, County Durham DL14 6XH2
£48K11/200.39 mi12, Dent Street, Bishop Auckland, County Durham DL14 9SZ2
£70K06/210.45 mi3, Suffolk Place, Bishop Auckland, County Durham DL14 6UT2
£90K04/230.46 mi16, Helena Terrace, Bishop Auckland, County Durham DL14 6BP2
£63.5K12/200.47 mi33, Frances Terrace, Bishop Auckland, County Durham DL14 6BW2
£57.5K05/210.48 mi33, Hampshire Place, Bishop Auckland, County Durham DL14 6UX2
£89K06/230.5 mi10, Croxdale Grove, Bishop Auckland, County Durham DL14 0SB2
£30K04/210.5 mi9, Dilks Street, Bishop Auckland, Durham DL14 9AP2
£30K04/210.5 mi9, Dilks Street, Bishop Auckland, Durham DL14 9AP2
£49K01/210.51 mi27, Beaumont Street, Bishop Auckland, Durham DL14 6BJ2
£164K12/200.52 mi38, Walmer Avenue, Bishop Auckland, Durham DL14 6NW2
£75K08/210.53 mi4, Bedford Place, Bishop Auckland, County Durham DL14 6TQ2
£75K08/210.53 mi4, Bedford Place, Bishop Auckland, County Durham DL14 6TQ2
£74K02/230.53 mi8, Bedford Place, Bishop Auckland, County Durham DL14 6TQ2
£74K03/210.53 mi9, Bedford Place, Bishop Auckland, County Durham DL14 6TQ2
£155K03/210.55 mi5, Dudley Grove, Bishop Auckland, Durham DL14 6NB2
£63K06/210.56 mi9, Chatsworth Avenue, Bishop Auckland, County Durham DL14 6AX2
£63K01/210.59 mi60, Seymour Street, Bishop Auckland, Durham DL14 6JD2
£160K11/220.62 mi22, Middlehope Grove, Bishop Auckland, County Durham DL14 0SH2
£155K10/200.67 mi17, Rookhope Grove, Bishop Auckland, County Durham DL14 0SW2
£35K07/210.69 mi5, James Street, Bishop Auckland, Durham DL14 6HL2
£175K11/220.72 mi92, Escomb Road, Bishop Auckland, County Durham DL14 6TZ2
£171K01/230.73 mi33, Furness Close, Bishop Auckland, County Durham DL14 0SR2
£75K11/210.73 mi12, Oaklea Terrace, Bishop Auckland, Durham DL14 6HH2
£69.5K04/210.73 mi9, Oaklea Terrace, Bishop Auckland, Durham DL14 6HH2
£74K09/210.73 mi3, Oaklea Terrace, Bishop Auckland, Durham DL14 6HH2
£80.8K05/230.73 mi9, Oaklea Terrace, Bishop Auckland, County Durham DL14 6HH2
£165K05/230.73 mi23, Furness Close, Bishop Auckland, County Durham DL14 0SR2
£129K11/200.75 mi2, Whitby Close, Bishop Auckland, County Durham DL14 0RU2
£190K03/210.78 mi8, Pollards Drive, Bishop Auckland, County Durham DL14 6UE2
£145K04/210.8 mi3, Westlea Avenue, Bishop Auckland, County Durham DL14 6HE2
£126K02/230.82 mi34, Carisbrooke Crescent, Etherley Dene, Bishop Auckland, County Durham DL14 0RW2
£180K02/230.83 mi70, St Andrews Road, Bishop Auckland, County Durham DL14 6RY2
£110K08/210.83 mi34, Carisbrooke Crescent, Etherley Dene, Bishop Auckland, Durham DL14 0RW2
£105K01/210.83 mi21, Carisbrooke Crescent, Etherley Dene, Bishop Auckland, Durham DL14 0RW2
£90K03/230.84 mi38, St Andrews Road, Bishop Auckland, County Durham DL14 6RY2

Local Rents

17 rents from £450/mo to £595/mo, average is £550/mo.

RentDateDistanceAddressBeds 
£59504/240.25 miDere Avenue, Bishop Auckland 2
£47503/250.28 mi-2
£45012/240.28 miCambridge Court, Tindale Crescent, Bishop Auckland, DL14 9SR2
£55008/240.34 mi-2
£50002/240.34 mi-2
£57504/240.34 miTindale Crescent, St Helen Auckland, Bishop Auckland2
£57504/240.37 miBoddy Street, Tindale Crescent, Bishop Auckland2
£57504/240.46 miHelena Terrace, Bishop Auckland, County Durham2
£55001/240.47 mi-2
£57504/240.47 miHelena Terrace, Bishop Auckland, County Durham, DL142
£57512/240.5 miCroxdale Grove, Bishop Auckland, DL14 0SB2
£49510/230.51 mi-2
£54510/240.51 mi-2
£57503/250.51 mi-2
£48004/250.54 mi-2
£57504/240.56 miKensington Heights, Bishop Auckland, Bishop Auckland, DL14 2
£50012/240.62 miArran Court, Bishop Auckland2

Local Area Statistics

Population in DL14

37,237

Population in Bishop Auckland

51,200

Town centre distance

0.12 miles away

Nearest school

0.20 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

-4%

Property History

Listed for £72,000

October 2, 2024

Description

  • IDEAL STARTER HOME +
  • GOOD SIZE REAR GARDEN +
  • OFF ROAD PARKING +
  • WELL PRESENTED +
  • EXCELLENT LOCAL AMENITIES +
  • EPC RATING TO FOLLOW +

*PERFECT FOR ANY FIRST TIME BUYER OR YOUNG FAMILY LOOKING TO GET ONTO THE PROPERTY LADDER* * GOOD SIZE REAR GARDEN PLUS OFF ROAD PARKING* *VERY WELL PRESENTED* Located in the heart of Bishop Auckland, this well-presented two-bedroom property is perfect for a first-time buyer or young family. The home boasts a good-sized rear garden, ideal for outdoor activities, and the added convenience of off-road parking. Situated close to excellent local amenities, including shops, schools, and transport links, this property offers both comfort and practicality. Its combination of a prime location, modern living space, and outdoor features makes it an ideal choice for those looking to settle in a vibrant, well-connected area with a floorplan that briefly comprises Entrance into Reception Hall, good size Lounge/Dining Room and well fitted Kitchen whilst to the first floor there are 2 generous Bedrooms plus well appointed Bathroom. Externally to the front of the property there is a a fence and hedge enclosed gravelled driveway providing off road parking for multiple vehicles whilst to the rear there is a good size fence enclosed garden being mainly laid to lawn and planted with a variety of trees and shrubbery plus handy outhouses and garden sheds along with flagged patio. Viewing a must!

Agent Details

Dowen, Bishop Auckland

01388 311692

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪