3 Bed Terraced House, Single Let, Durham, DH7 9YQ, £100,000

South View, Langley Park, Durham, DH7 9YQ - 2 views - 4 months ago

Sold STC
BTL
ROI: 4%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£11K - £270K
Sold Prices/m²£118/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£119,420
BMV19%

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

£500 - £3,000

Rent Estimate

£550

Running Costs/mo

£443

Cashflow/mo

£108

Cashflow/yr

£1,290

ROI

4%

Gross Yield

7%

Local Sold Prices

28 sold prices from £11K to £270K, average is £110.3K. £118/m² to £3.2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£105K09/210.13 mi5, Wood View, Langley Park, Durham DH7 9SS3
£95K02/210.16 mi7, Bridge Street, Langley Park, Durham DH7 9SQ3
£100K10/210.19 mi16, Eastern Avenue, Langley Park, Durham DH7 9XS3
£97.5K12/200.19 mi32, Eastern Avenue, Langley Park, Durham DH7 9XS3
£80K04/210.19 mi47, Esh Hillside, Langley Park, Durham, County Durham DH7 9TG3
£100K12/220.2 mi7, Hilltop View, Langley Park, Durham, County Durham DH7 9YU3
£150K04/210.21 mi14, Meadow Bank, Langley Park, Durham, County Durham DH7 9TY3
£90K01/210.21 mi11, Park Close, Langley Park, Durham DH7 9TF3
£107K06/230.21 mi8, Springwell Avenue, Langley Park, Durham, County Durham DH7 9XT3
£11K08/230.24 mi18, Park Drive, Langley Park, Durham, County Durham DH7 9TE3
£113K04/210.24 mi49, Park Drive, Langley Park, Durham, County Durham DH7 9TE3
£125K10/210.24 mi31, Park Drive, Langley Park, Durham, County Durham DH7 9TE3
£113K04/210.24 mi49, Park Drive, Langley Park, Durham, County Durham DH7 9TE3
£130K02/230.25 mi53, Park Drive, Langley Park, Durham, County Durham DH7 9TE3
£93.8K04/230.29 mi4, Finings Street, Langley Park, Durham, County Durham DH7 9UE3
£76K02/210.29 mi4, Finings Street, Langley Park, Durham DH7 9UE3
£62.5K01/210.29 mi3, Finings Street, Langley Park, Durham DH7 9UE3
£225K08/210.33 mi16, Herrington Close, Langley Park, Durham DH7 9FS3
£75K03/210.39 mi8, Finings Avenue, Langley Park, Durham, County Durham DH7 9UQ3
£107.5K05/210.4 mi38, Garden Avenue, Langley Park, Durham DH7 9UJ3
£125K08/210.4 mi13, Garden Avenue, Langley Park, Durham, County Durham DH7 9UJ3
£127K10/210.4 mi28, Garden Avenue, Langley Park, Durham, County Durham DH7 9UJ3
£190K11/200.44 mi4, Middridge Road, Langley Park, Durham, County Durham DH7 9FH3
£135K02/210.49 mi4, Stargate Close, Langley Park, Durham, County Durham DH7 9FW3
£250K03/210.61 mi1, Cedar Court, Langley Park, Durham DH7 9FG3
£270K06/210.7 mi4, Willow Park, Langley Park, Durham, County Durham DH7 9FF3
£132K12/220.71 mi9, Davis Crescent, Langley Park, Durham, County Durham DH7 9UP3
£246.5K03/210.73 miFour Winds, Kaysburn, Witton Gilbert, Durham DH7 6TJ3

Local Rents

50 rents from £500/mo to £3K/mo, average is £663/mo.

RentDateDistanceAddressBeds 
£55012/240.01 miQuebec Street, Langley Park, Durham3
£62512/240.04 miIvy Terrace, Langley Park, Durham, DH73
£60003/250.07 mi-2
£67512/240.09 miDurham Street, Langley Park, Durham, County Durham, DH72
£60012/240.1 miElm Street, Langley Park, Durham, Durham, DH73
£50012/240.12 miRailway Street, Langley Park, DH72
£75012/240.14 miPark Drive, Langley Park3
£57512/240.15 miLarch Terrace, Langley Park, Durham, DH72
£57512/240.16 miLime Terrace, Langley Park, Durham, DH7 9SN2
£65012/240.16 mi-3
£62012/230.29 mi-2
£75012/241.08 miFront Street, Esh, Durham, DH72
£3,00012/241.22 mi-4
£3,00001/251.22 mi-4
£3,00003/251.22 mi-4
£80012/241.33 miWitton Gilbert , Durham3
£65002/251.5 mi-3
£80012/241.54 miLouisa Terrace, Witton Gilbert, Durham2
£1,25012/241.57 miGrant Close, Ushaw Moor, Durham, DH74
£78512/241.62 mi-3
£78502/251.62 mi-3
£55012/241.65 miTemperance Terrace, Ushaw Moor, County Durham2
£65012/241.66 miFlass Terrace, Ushaw Moor, Durham3
£57512/241.67 miArthur Street, Ushaw Moor, Durham, DH73
£1,70012/241.69 mi-3
£1,85001/251.69 mi-3
£2,10003/251.69 mi-3
£2,20003/251.71 mi-3
£67502/251.75 mi-3
£75012/241.78 miFyndoune Way, Witton Gilbert, Durham2
£70009/241.83 mi-2
£57512/241.83 miDene Court, Witton Gilbert, Durham, DH72
£65002/251.89 mi-3
£2,40012/241.91 mi-3
£65009/241.92 mi-3
£55012/241.92 miAldridge Court, Ushaw Moor, Durham, DH72
£65012/241.93 miWestwood View, Sacriston, DH73
£80012/241.98 miAuton Stile, Bearpark, Durham2
£75012/241.99 miBoundary Close, Ushaw Moor, Durham2
£56503/252 mi-3
£1,20012/242.01 mi-1
£57512/242.03 miSouth Terrace, Esh Winning2
£75012/242.03 mi-3
£75012/242.03 mi-3
£63003/252.03 mi-3
£57512/242.05 miSouth Terrace, Esh Winning, Durham, Durham, DH7 9PS2
£2,80012/242.12 miWellsprings Farm, Hartside, Durham, DH13
£57509/232.13 mi-3
£65008/242.13 mi-3
£65002/252.14 mi-3

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

4.18 miles away

Nearest school

0.20 miles away

Nearest train station

3.80 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £100,000

November 22, 2024

Sold for £89,000

2005

Sold for £51,000

2003

Sold for £29,950

1998

Floor Plans

Description

  • Three Bedroom Terrace Home +
  • Ideal Starter or Family Home +
  • Well Presented and Spacious +
  • Separate Living and Dining Rooms +
  • Contemporary Family Bathroom +
  • Gardens Front and Rear +
  • Popular Village Location +
  • Must Be Viewed! +

Ideal Starter or Family Home Pleasantly Situated Well Presented & Spacious Garden Popular Village Location Good Local Amenities & Road Links Must Be Viewed (Property images courtesy of New Homes Solutions)

The floor plan features a living room, dining room, kitchen, three generously sized bedrooms, and a contemporary family bathroom/WC with a separate shower. Outside, the property boasts both front and rear gardens.

Langley Park is a village that lies just off the A(691) Durham to Consett Highway which also leads to the A(167) Highway , providing good road links to both North and South. Located approximately 5 miles northwest of the city of Durham. Langley Park is a residential area with a mix of traditional and modern housing, catering to a variety of families and individuals.

The village has a rich history and benefits from a peaceful and picturesque environment, surrounded by natural beauty and green landscapes characteristic of the Durham countryside.

Langley Park offers a range of local amenities, such as shops, pubs, and schools. However, for more extensive shopping and entertainment options, residents often travel to Durham city centre. The Village

In addition to the village itself, the surrounding area provides opportunities for outdoor activities, walks, and exploration. County Durham, in general, is known for its historical landmarks, including Durham Cathedral and Durham Castle, which are World Heritage Sites.

Ground Floor -

Lounge - 4.29m x 4.24m (14'1 x 13'11) -

Dining Room - 4.85m x 4.29m (15'11 x 14'1) -

Kitchen - 4.62m x 1.57m (15'2 x 5'2) -

First Floor -

Bedroom - 3.94m x 3.28m (12'11 x 10'9) -

Bedroom - 4.85m x 2.36m (15'11 x 7'9) -

Bathroom/Wc - 2.69m x 1.85m (8'10 x 6'1) -

Second Floor -

Bedroom - 3.66m x 3.89m (12'0 x 12'9) -

Agent Notes - Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating: Gas Central Heating
Broadband: Basic 5Mbps, Superfast 80Mbps
Mobile Signal/Coverage: Good to Average
Tenure: Freehold
Council Tax: Durham County Council, Band A - Approx. £1621p.a
Energy Rating: E

Disclaimer: The preceding details have been sourced from the seller and OnTheMarket.com. Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities. Robinsons cannot accept liability for any information provided.

Agent Details

Robinsons, Durham

0191 625 0933

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