3 Bed Terraced House, Single Let, Durham, DH1 1AS, £100,000

High Street, Carrville, Durham, DH1 1AS - 3 views - 4 months ago

Sold STC
BTL
ROI: 16%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£94K - £388K
Sold Prices/m²£1.1K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£123,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£600 - £2,500

Rent Estimate

£902

Running Costs/mo

£513

Cashflow/mo

£389

Cashflow/yr

£4,669

ROI

16%

Gross Yield

11%

Local Sold Prices

50 sold prices from £94K to £388K, average is £171.5K. £1.1K/m² to £3.2K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£137K12/220.02 mi18, High Street, Carrville, Durham, County Durham DH1 1AS3
£94K04/210.02 mi14, High Street, Carrville, Durham, County Durham DH1 1AS3
£173K12/220.04 mi44, Grange Road, Durham, County Durham DH1 1AL3
£175K09/210.07 mi2, Langdale Crescent, Durham DH1 1AN3
£165K10/210.12 mi6, St Marys Road, Durham DH1 1NP3
£195K11/220.17 mi82, Grange Road, Durham, County Durham DH1 1AQ3
£100K11/200.18 mi21, Hawthorn Road, Durham, County Durham DH1 1NQ3
£156K01/210.23 mi10, Beechdale Road, Durham, County Durham DH1 2AT3
£190K05/230.26 mi66, Grinstead Way, Durham, County Durham DH1 1LZ3
£168K01/210.26 mi82, Grinstead Way, Durham DH1 1LZ3
£191.5K10/220.28 mi58, Grinstead Way, Durham, County Durham DH1 1LZ3
£182K02/230.29 mi11, Brackendale Road, Durham, County Durham DH1 2AB3
£149K11/200.31 mi10, Grassdale, Durham, County Durham DH1 2AF3
£195K03/230.31 mi2, Grassdale, Durham, County Durham DH1 2AF3
£125K07/210.32 mi103, Broomside Lane, Durham DH1 2QT3
£102K07/210.32 mi102, Broomside Lane, Durham, County Durham DH1 2QT3
£102.5K10/200.32 mi50, Broomside Lane, Durham DH1 2QT3
£118K06/230.32 mi100, Broomside Lane, Durham, County Durham DH1 2QT3
£138K11/200.33 mi16, Dene Drive, Durham DH1 1BA3
£245K11/200.33 mi2, Bedale Close, Belmont, Durham, County Durham DH1 2BB3
£242.5K02/230.36 mi24, The Links, Durham, County Durham DH1 2AG3
£216K12/220.38 mi36, Scardale Way, Belmont, Durham, County Durham DH1 2TX3
£187.5K12/200.39 mi44, Devonshire Road, Durham, County Durham DH1 2BQ3
£155K07/210.39 mi58, Thorndale Road, Belmont, Durham, County Durham DH1 2AH3
£190K05/230.39 mi68, Thorndale Road, Belmont, Durham, County Durham DH1 2AH3
£160K11/210.39 mi82, Thorndale Road, Belmont, Durham, County Durham DH1 2AH3
£160K11/210.4 mi10, Dinsdale Drive, Durham DH1 2TS3
£160K12/200.4 mi35, Dinsdale Drive, Durham, County Durham DH1 2TS3
£179K03/210.42 mi3, Ullerdale Close, Durham, County Durham DH1 2TU3
£160K01/210.42 mi12, Filby Drive, Durham, County Durham DH1 1LT3
£210K03/230.43 mi55, Buckinghamshire Road, Durham, County Durham DH1 2BE3
£185K01/210.44 mi51, Cheveley Walk, Durham, County Durham DH1 2AX3
£140K04/210.45 mi7, Hampshire Road, Durham DH1 2DJ3
£220K03/210.49 mi10, Coniston Close, Durham, County Durham DH1 2UQ3
£190K09/210.53 mi3, Maureen Terrace, Durham DH1 1SN3
£189.9K04/210.54 mi1, Yorkshire Drive, Durham, County Durham DH1 2DA3
£185K09/210.54 mi3, Yorkshire Drive, Durham DH1 2DA3
£237.5K09/220.54 mi3, Yorkshire Drive, Durham, County Durham DH1 2DA3
£212.5K12/220.56 mi49, Devonshire Road, Durham, County Durham DH1 2BJ3
£170K03/210.56 mi73, Devonshire Road, Durham DH1 2BJ3
£202K07/230.56 mi51, Devonshire Road, Durham, County Durham DH1 2BJ3
£152K03/210.58 mi86, Devonshire Road, Durham, County Durham DH1 2BH3
£388K11/200.6 mi11, Shropshire Drive, Durham DH1 2LT3
£225K02/230.6 mi10, Cheshire Drive, Durham, County Durham DH1 2LR3
£230K08/210.6 mi1, Derbyshire Drive, Durham, County Durham DH1 2DN3
£155K05/210.71 mi120, Moor Crescent, Durham, County Durham DH1 1DL3
£160K02/210.71 mi114, Moor Crescent, Durham, County Durham DH1 1DL3
£164K10/210.72 mi22, Cypress Grove, Durham, County Durham DH1 1DN3
£162.5K06/210.75 mi6, Bevan Grove, Durham DH1 2LQ3
£153K05/210.75 mi7, Bevan Grove, Durham DH1 2LQ3

Local Rents

17 rents from £600/mo to £2.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95003/250.17 mi-3
£1,15012/240.38 miDinsdale Drive, Durham3
£1,05008/230.38 mi-3
£1,15009/240.38 mi-3
£95012/240.48 miDevonshire Road, Belmont, Durham3
£95011/230.53 mi-3
£85012/240.63 miWhiteoak Avenue, Durham, County Durham, DH13
£60012/240.65 mi-3
£89512/240.73 miPoplar Drive, Gilesgate3
£90002/250.89 mi-3
£1,90012/241.03 mi-3
£2,50009/241.03 mi-3
£2,50002/251.03 mi-3
£1,90012/241.03 miAnnand Road, Durham, DH13
£1,42512/241.07 mi-3
£1,10012/241.14 miMackintosh Court, Gilesgate, Durham, Durham, DH1 1PY3
£72510/241.24 mi-3

Local Area Statistics

Population in DH1

49,938

Population in Durham

124,445

Town centre distance

2.02 miles away

Nearest school

0.20 miles away

Nearest train station

2.24 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £100,000

November 12, 2024

Floor Plans

Description

  • 3 Bedroom mid terrace +
  • Garage and garden to rear +
  • Requiring cosmetic updating +
  • Refurbished shower room +
  • No chain +
  • Viewing recommended +

Available with immediate vacant possession, we are pleased to offer for sale this three bedroomed mid terraced property with gas central heating, double glazing and a large rear garden.

The property itself has accommodation comprising: entrance lobby, lounge with feature fireplace, double doors opening to the open plan dining kitchen with a range of floor and wall units and a door giving access to the rear. To the first floor there are three bedrooms, one with a fitted wardrobe, and a refitted shower room. Externally there is a garage to the rear, as well as a garden which is enclosed by fencing but requiring maintenance.

The property occupies a prominent main road position within this popular and sought after area. It lies within walking distance of a good range of local facilities which are available in both Carrville and Belmont and is well placed for commuting purposes being within a few minutes drive of the A1(M) Motorway Interchange and the A(690). It is also conveniently located for access to Durham City Centre which is just over 2 miles distant.

Agent notes:
Council Tax band - A
Utilities: Mains gas, electricity, water (metered) and sewerage
Mobile Phone Coverage: Good coverage from O2, limited coverage from EE, Vodafone & Three,
Broadband Estimated speed:
Standard 5 Mbps
Superfast 76 Mbps
Ultrafast 9000 Mbps
Flood Risk: Rivers & Seas - No Risk, Surface Water Medium
Mining: Please note this property is situated in a former mining area.

Agent Details

J W Wood, Durham City

0191 625 0838

Next Steps?

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