2 Bed Terraced House, Potential PLO/LOA, Durham, DH6 2LD, £45,000
117 Victoria Street, Durham, DH6 2LD - 14 views - 6 months ago
Negative Equity
ROI: 15%
71 m²





+3 photos
ValuationUndervalued
Sold Prices | £30K - £188K |
Sold Prices/m² | £441/m² - £1.6K/m² |
| |
Square Metres | 71 m² |
Price/m² | £634/m² |
Value Estimate | £65,741 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £11,250 |
Stamp Duty & Legal Fees | £2,850 |
Total Cash In | £14,100 |
| |
Cash Out | |
Rent Range | £495 - £895 |
Rent Estimate | £495 |
Running Costs/mo | £260 |
Cashflow/mo | £235 |
Cashflow/yr | £2,825 |
ROI | 20% |
Gross Yield | 13% |
Local Sold Prices
21 sold prices from £30K to £188K, average is £60K. £441/m² to £1.6K/m², average is £926/m².
Local Rents
49 rents from £495/mo to £895/mo, average is £650/mo.
Local Area Statistics
Population in DH6 | 33,466 |
Population in Durham | 124,445 |
Town centre distance | 7.59 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 3.11 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 £45,000
March 28, 2025
Listed for £55,000
-38%
October 16, 2024
Sold for £76,000
2008
Floor Plans
