4 Bed Bungalow, Single Let, Durham, DH7 8NN, £433,500

Lowland Road, Durham, DH7 8NN - 5 months ago

BTL
~129 m²
+13 photos

ValuationOvervalued

Sold Prices£130K - £305K
Sold Prices/m²£1.1K/m² - £2.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.4K/m²

Value Estimate

£230,096

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£108,375

Stamp Duty & Legal Fees

£32,050

Total Cash In

£140,425

 

 

Cash Out

 

Rent Range

£600 - £3,750

Rent Estimate

£666

Running Costs/mo

£1,508

Cashflow/mo

£-842

Cashflow/yr

£-10,103

Gross Yield

2%

Local Sold Prices

20 sold prices from £130K to £305K, average is £228.3K. £1.1K/m² to £2.4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£240K11/220 mi1, Lowland Road, Brandon, Durham, County Durham DH7 8NN4
£260K11/200 mi9, Lowland Road, Brandon, Durham, County Durham DH7 8NN4
£252K12/200.22 mi1, Allendale Road, Meadowfield, Durham DH7 8XG4
£130K07/210.25 mi7, North View, Meadowfield, Durham, County Durham DH7 8SQ4
£243.8K01/230.31 mi4, High Croft, Brandon, Durham, County Durham DH7 8PP4
£155K05/230.52 mi45, Cavendish Court, Brandon, Durham, County Durham DH7 8UL4
£203K12/200.52 mi41, Browney Lane, Browney, Durham, County Durham DH7 8HT4
£203K03/230.6 mi15, Murrayfield Drive, Brandon, Durham, County Durham DH7 8TG4
£200K04/230.6 mi16, Murrayfield Drive, Brandon, Durham, County Durham DH7 8TG4
£183K01/210.61 mi9, Lexington Court, Brandon, Durham, County Durham DH7 8UD4
£197.5K03/210.61 mi5, Lexington Court, Brandon, Durham DH7 8UD4
£230K11/200.62 mi9, Maple Court, Brandon, Durham DH7 8PA4
£230K08/210.65 mi7, Beechcroft Avenue, Brandon, Durham DH7 8TF4
£175K02/210.65 mi25, Alfreton Close, Brandon, Durham, County Durham DH7 8UE4
£165K12/200.7 mi82, Brancepeth View, Brandon, Durham DH7 8TU4
£305K04/230.7 mi25, Gerards Gill, Browney, Durham, County Durham DH7 8LH4
£272.5K07/210.71 mi2, Church Meadow, Meadowfield, Durham DH7 8RH4
£278K01/210.71 mi20, Church Meadow, Meadowfield, Durham DH7 8RH4
£285K10/210.74 miMeadow View, Goatbeck Terrace, Langley Moor, Durham, County Durham DH7 8JJ4
£226.5K03/210.81 mi37, Halliday Grove, Langley Moor, Durham DH7 8LT4

Local Rents

14 rents from £600/mo to £3.8K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£70011/240.23 mi-3
£69512/240.27 miMidhill Close, Brandon, Durham3
£67512/240.34 miCommercial Street, Durham, DH73
£65012/240.37 miDorlonco Villas, Meadowfield, Durham3
£72512/240.37 miChurch Square, Brandon, DH73
£75012/240.41 mi-3
£3,40002/250.44 mi-5
£3,75003/250.44 mi-5
£72512/240.47 miBeech Park, Brandon, Durham, Durham, DH73
£70012/240.5 miJohn Street North, Durham, DH73
£1,62512/240.51 miJohn Street North, Meadowfield, Durham3
£1,00012/240.52 miCavendish Court, Brandon3
£60012/240.53 miCherry Park, Brandon, Durham, DH73
£2,00012/240.55 mi-3

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

2.86 miles away

Nearest school

0.10 miles away

Nearest train station

2.79 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £433,500

March 8, 2025

Listed for £460,000

October 23, 2024

Floor Plans

Description

  • Freehold +
  • Bungalow +
  • Parking +
  • Modernised Throughout +
  • Large Garden +
  • Four Bedrooms +
  • Three Bathrooms +

The Property
NO ONWARD CHAIN

This stunning, newly built dormer bungalow boasts modern living across two thoughtfully designed floors, offering an impressive 2000 square feet of space. Ideally situated just 7 minutes drive from Durham city centre, Upon entering, you'll be greeted by a spacious double driveway and a generously sized single garage, providing plenty of room for parking and storage.

The ground floor features two well-proportioned bedrooms, including a luxurious master suite with its own ensuite bathroom. A stylish family bathroom and a convenient utility room.

The heart of the home is the expansive open-plan living area, where the sitting room, dining space, and sleek contemporary kitchen with island and granite worktops makes this space flow seamlessly together. Bi-folding doors lead out to a sophisticated composite decking area, merging indoor and outdoor living for a perfect setting to unwind or entertain.

Upstairs, you'll find two additional large bedrooms, which share a beautifully appointed bathroom.

With four spacious bedrooms and three modern bathrooms, this exceptional property offers the ideal blend of style, comfort, and functionality, making it a perfect family home.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Durham

020 3910 6429

Next Steps?

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