3 Bed Terraced House, Single Let, Durham, DH7 8RY, £125,000

29 East View, Durham, County Durham, DH7 8RY - 4 views - 5 months ago

Sold STC
BTL
ROI: 4%
94 m²
+10 photos

ValuationUndervalued

Sold Prices£60K - £260K
Sold Prices/m²£526/m² - £2.5K/m²

 

 

Square Metres

93.70 m²
Price/m²£1.3K/m²

Value Estimate

£147,086
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£600 - £2,000

Rent Estimate

£656

Running Costs/mo

£542

Cashflow/mo

£114

Cashflow/yr

£1,370

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £60K to £260K, average is £115.3K. £526/m² to £2.5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£75K02/210 mi20, East View, Meadowfield, Durham, County Durham DH7 8RY3
£110K01/210.04 mi45, Dorlonco Villas, Meadowfield, Durham DH7 8RZ3
£95K12/200.09 mi14, Central Avenue, Meadowfield, Durham DH7 8SE3
£60.5K10/210.1 mi51, Frederick Street South, Meadowfield, Durham DH7 8NA3
£80K05/210.16 mi21, South View, Meadowfield, Durham, County Durham DH7 8SF3
£138K05/230.16 mi21, South View, Meadowfield, Durham, County Durham DH7 8SF3
£149.9K12/200.17 mi11, Stanhope Close, Meadowfield, Durham, County Durham DH7 8XE3
£145K05/230.18 mi17, Allendale Road, Meadowfield, Durham, County Durham DH7 8XG3
£130K04/210.18 mi17, Allendale Road, Meadowfield, Durham DH7 8XG3
£76K10/200.18 mi5, Burnigill, Meadowfield, Durham, County Durham DH7 8SA3
£72K11/200.2 mi25, Browney Lane, Browney, Durham, County Durham DH7 8HT3
£145K06/210.21 mi20, Leesfield Road, Meadowfield, Durham DH7 8NJ3
£114.2K03/210.21 mi51, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£200K03/230.21 mi51, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£185K01/230.21 mi27, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£171K02/210.24 mi23, Leesfield Gardens, Meadowfield, Durham, County Durham DH7 8NQ3
£157.5K05/230.26 mi12, Arundel Way, Meadowfield, Durham, County Durham DH7 8UT3
£169K05/230.27 mi17, Penryn Way, Meadowfield, Durham, County Durham DH7 8UU3
£167K06/230.31 miChopgate, Back John Street North, Meadowfield, Durham, County Durham DH7 8RT3
£140K05/230.32 mi1, John Street South, Meadowfield, Durham, County Durham DH7 8RP3
£87.5K12/200.33 mi14, Victoria Avenue, Brandon, Durham, County Durham DH7 8QH3
£80K05/230.38 mi10, Commercial Square, Brandon, Durham, County Durham DH7 8QJ3
£217.5K10/210.39 mi2, Lowland Road, Brandon, Durham DH7 8NN3
£116.5K12/210.41 mi14, Brockwell Court, Brandon, Durham DH7 8QX3
£134.9K03/230.43 mi20, Grove Road, Brandon, Durham, County Durham DH7 8AW3
£86K02/210.43 mi9, Red Courts, Brandon, Durham, County Durham DH7 8QN3
£152.5K12/200.47 miWolf Cleugh, Lobley Hill, Meadowfield, Durham, County Durham DH7 8RQ3
£91K03/230.5 mi17, Grey Gables, Brandon, Durham, County Durham DH7 8QW3
£105K03/230.52 mi2, Commercial Street, Brandon, Durham, County Durham DH7 8PL3
£77.5K12/200.55 mi12, Lime Park, Brandon, Durham DH7 8QD3
£60K11/200.57 mi2, Middle Grove, Brandon, Durham, County Durham DH7 8TR3
£70K10/210.59 mi21, Tiree Close, Brandon, Durham DH7 8QY3
£80K02/210.62 mi4, Hemmel Court, Brandon, Durham DH7 8QS3
£95K01/230.63 mi30, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£65K08/210.63 mi37, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£81K03/230.63 mi39, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£205K12/220.64 mi14, Gardners Place, Langley Moor, Durham, County Durham DH7 8XZ3
£168.9K11/200.64 mi6, Gardners Place, Langley Moor, Durham DH7 8XZ3
£98.5K03/210.67 mi63, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£134K10/210.67 mi41, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£92.5K03/210.67 mi75, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£230K09/210.67 mi2, Dove Close, Brandon, Durham, County Durham DH7 8BN3
£260K02/210.67 mi8, Dove Close, Brandon, Durham DH7 8BN3
£129.9K04/230.7 mi1, Deerness Heights, Brandon, Durham, County Durham DH7 8TQ3
£85K02/210.7 mi37, Deerness Heights, Brandon, Durham DH7 8TQ3
£125K05/210.71 mi76, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£140K03/210.71 mi46, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£127K12/200.71 mi20, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£82.5K05/230.71 mi70, Alder Park, Brandon, Durham, County Durham DH7 8TJ3
£112K02/210.73 mi33, Cavendish Court, Brandon, Durham DH7 8UL3

Local Rents

14 rents from £600/mo to £2K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£65012/240.08 miDorlonco Villas, Meadowfield, Durham3
£70012/240.3 miJohn Street North, Durham, DH73
£1,62512/240.31 miJohn Street North, Meadowfield, Durham3
£98003/250.34 mi-3
£70011/240.4 mi-3
£67512/240.52 miCommercial Street, Durham, DH73
£72512/240.54 miChurch Square, Brandon, DH73
£69512/240.63 miMidhill Close, Brandon, Durham3
£1,00012/240.73 miCavendish Court, Brandon3
£75001/250.77 mi-3
£72512/240.8 miBeech Park, Brandon, Durham, Durham, DH73
£60012/240.85 miCherry Park, Brandon, Durham, DH73
£2,00012/240.86 mi-3
£82512/240.89 mi-3

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

2.74 miles away

Nearest school

0.20 miles away

Nearest train station

2.73 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £125,000

October 14, 2024

Sold for £75,000

2011

Sold for £90,000

2010

Sold for £105,000

2006

Floor Plans

Description

  • Chain Free +
  • Private Enclosed Garden +
  • Three Bedrooms +
  • Off-Street Parking +
  • Council Tax Band A +
  • EPC Rating = D +
  • Rear Extension +

We are delighted to welcome to the market this three bedroom terraced house. The property, which features and extension to the rear, boasts three large bedrooms, two sizeable receptions, and ample storage space throughout. The ground floor briefly comprises a lounge, dining room, office, kitchen, utility and WC. On the first floor there are three bedrooms and a family bathroom. Off-street parking is available for at least two cars with the drive to the front. The property is in good condition and is offered with no onward chain. To arrange a viewing, call on .

Council Tax Band A
EPC Awaited

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.

DCI240640/2

Agent Details

Reeds Rains, Durham City

0191 625 0250

Next Steps?

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