2 Bed Flat, Single Let, Durham, DH1 5XT, £88,000

160 Canterbury Road, Durham, DH1 5XT - 3 views - 4 months ago

Leasehold
BTL
ROI: 12%
56 m²
+9 photos

ValuationFair Value

Sold Prices£48K - £325K
Sold Prices/m²£823/m² - £4K/m²

 

 

Square Metres

56 m²
Price/m²£1.6K/m²

Value Estimate

£87,689

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,000

Stamp Duty & Legal Fees

£3,840

Total Cash In

£25,840

 

 

Cash Out

 

Rent Range

£650 - £1,795

Rent Estimate

£688

Running Costs/mo

£433

Cashflow/mo

£255

Cashflow/yr

£3,065

ROI

12%

Gross Yield

9%

Local Sold Prices

45 sold prices from £48K to £325K, average is £97.5K. £823/m² to £4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£87.5K04/230.07 mi42, Blanchland Avenue, Durham, County Durham DH1 5XP2
£80K06/210.08 mi10, Hamsterley Crescent, Durham DH1 5SS2
£80K06/210.08 mi10, Hamsterley Crescent, Durham DH1 5SS2
£86K08/220.18 mi111, Carr House Drive, Durham, County Durham DH1 5XW2
£48K03/210.18 mi107, Carr House Drive, Durham, County Durham DH1 5XW2
£49K09/200.2 mi39, Chillingham Road, Durham DH1 5NA2
£82.6K01/210.2 mi21, Auckland Road, Durham DH1 5PL2
£87K08/220.22 mi76, Lindisfarne Road, Durham, County Durham DH1 5YQ2
£75K04/210.24 mi23, Halton Road, Durham DH1 5YJ2
£70K12/200.24 mi35, Halton Road, Durham, County Durham DH1 5YJ2
£68K10/200.25 mi71, Rochester Road, Durham DH1 5PW2
£86.5K02/210.36 mi66, Middleham Road, Durham DH1 5QH2
£88K10/200.41 mi82, Rothbury Road, Durham DH1 5QB2
£235K04/210.42 mi188, York Crescent, Durham, County Durham DH1 5QS2
£104K09/220.64 mi19, Hutton Way, Durham, County Durham DH1 5BW2
£110K06/210.65 mi18, Hutton Way, Durham, County Durham DH1 5BW2
£89K08/210.96 mi74, Prebends Field, Durham, County Durham DH1 1HJ2
£110K11/221.08 mi23, Farrier Close, Pity Me, Durham, County Durham DH1 5XY2
£77K06/211.09 mi29, Farrier Close, Pity Me, Durham, County Durham DH1 5XY2
£74K11/201.09 mi31, Farrier Close, Pity Me, Durham, County Durham DH1 5XY2
£85K02/211.09 mi18, Farrier Close, Pity Me, Durham, County Durham DH1 5XY2
£97.5K04/231.09 mi10, Farrier Close, Pity Me, Durham, County Durham DH1 5XY2
£147K07/231.22 mi24, Barrington Close, Framwellgate Moor, Durham, County Durham DH1 5BX2
£134K12/201.24 mi43c, Old Dryburn Way, Durham, County Durham DH1 5SE2
£175K09/201.29 mi16, The Sidings, Durham, County Durham DH1 1HS2
£260K01/231.32 mi1, Freemans Quay, Durham, County Durham DH1 1SW2
£185K03/211.32 mi13, Freemans Quay, Durham DH1 1SW2
£112.5K02/231.36 mi21, Claypath Court, Durham, County Durham DH1 1QE2
£93K06/231.36 mi41, Claypath Court, Durham, County Durham DH1 1QE2
£103K10/221.36 mi40, Claypath Court, Durham, County Durham DH1 1QE2
£155K03/231.39 mi23, St Giles Close, Gilesgate, Durham, County Durham DH1 1XH2
£160K08/211.39 mi33, St Giles Close, Gilesgate, Durham DH1 1XH2
£146K05/211.39 mi22, St Giles Close, Gilesgate, Durham DH1 1XH2
£245K03/231.41 mi61, Highgate, Durham, County Durham DH1 4GA2
£92K11/201.49 mi21, Shepherds Court, Gilesgate, Durham, County Durham DH1 1JQ2
£140K06/231.55 mi7, Herons Court, Durham, County Durham DH1 2HD2
£126K08/221.55 mi12, Herons Court, Durham, County Durham DH1 2HD2
£260K04/231.57 miFlat 16, St Andrews Court, New Elvet, Durham, County Durham DH1 3AH2
£188K08/231.57 miFlat 26, St Andrews Court, New Elvet, Durham, County Durham DH1 3AH2
£325K11/211.61 miApartment 19, Sylvan House, St Helens Well, Durham DH1 4DB2
£175K02/231.84 mi6, Archers Court, Durham, County Durham DH1 4BP2
£95K05/211.84 mi14, Bishops Close, Durham DH1 2BU2
£80K02/231.99 mi8, The Firs, Kimblesworth, Chester Le Street, County Durham DH2 3NX2
£104K12/221.99 mi10, The Firs, Kimblesworth, Chester Le Street, County Durham DH2 3NX2
£96K12/201.99 mi5, The Firs, Kimblesworth, Chester Le Street, Durham DH2 3NX2

Local Rents

18 rents from £650/mo to £1.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£70012/240.32 miHylton Court, Durham, County Durham, DH12
£89512/240.41 miYork Crescent, Durham, DH1 5QR2
£96712/240.81 miFinchale Rd, Framwellgate Moor2
£1,25012/240.92 miWoodward Way, Aykley Heads, Durham, DH12
£65012/240.94 miPrebends Field - DH12
£1,12712/241.01 mi-2
£1,79502/251.06 mi-2
£75012/241.07 miFarrier Close, Pity Me, Durham, DH12
£65012/241.09 miFarrier Close, Pity Me2
£1,25003/241.09 mi-2
£1,75012/241.11 miEdmunds Vale, Durham, DH12
£1,57512/241.11 miFerens Park, Durham2
£1,75012/241.12 miEdmunds Vale, The Sands, Durham City2
£74012/241.22 miMains Court, Framwellgate Moor2
£1,17512/241.22 miOld Dryburn Way, North End, Durham, DH12
£1,00012/241.22 mi-2
£1,09511/241.22 mi-2
£1,05003/251.22 mi-2

Local Area Statistics

Population in DH1

49,938

Population in Durham

124,445

Town centre distance

1.52 miles away

Nearest school

0.40 miles away

Nearest train station

1.39 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £88,000

November 18, 2024

Sold for £81,000

2005

Sold for £33,000

1995

Floor Plans

Description

  • TWO BEDROOM FIRST FLOOR FLAT WITH SINGLE GARAGE +
  • POPULAR LOCATION, NEWTON HALL, DURHAM +
  • KITCHEN AND LOUNGE +
  • DOUBLE GLAZING +
  • GAS FIRED CENTRAL HEATING +
  • GARDEN TO THE FRONT +

NO ONWARD CHAIN
SOLD WITH VACANT POSSESION
EXTENDED LEASE OF 189 yrs
GROUND RENT APPROX £20.00 PER YEAR
Situated within a short bus journey to Durham City and the Arnison Centre.
Popular location within the residential estate of NEWTON HALL, Canterbury Road, DURHAM, Two bedroom first floor Flat with single garage in a block and garden to the front. Entrance vestibule, Stairs to first floor landing, Lounge, Kitchen, Bathroom, Two bedrooms.
Fully Double glazed, Gas fired central heating system.

EPC RATING....C
COUNCIL TAX BAND...A

Agent Details

Kan-Move, County Durham

01388 311082

Next Steps?

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