2 Bed Terraced House, Single Let, Durham, DH7 7ER, £75,000

Waltons Terrace, New Brancepeth, Durham, County Durham, DH7 7ER - 3 months ago

Under Offer
BTL
ROI: 10%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£48.5K - £187.5K
Sold Prices/m²£687/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£71,230

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£550 - £800

Rent Estimate

£550

Running Costs/mo

£364

Cashflow/mo

£186

Cashflow/yr

£2,228

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £48.5K to £187.5K, average is £80K. £687/m² to £2.6K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£53K11/210.11 mi10, Prospect Terrace, New Brancepeth, Durham, County Durham DH7 7EJ2
£59K04/230.11 mi6, Prospect Terrace, New Brancepeth, Durham, County Durham DH7 7EJ2
£56K07/210.12 mi19, Cooperative Terrace, New Brancepeth, Durham, County Durham DH7 7HY2
£52K08/230.12 mi21, Cooperative Terrace, New Brancepeth, Durham, County Durham DH7 7HY2
£120K10/210.46 mi23, Alum Waters, New Brancepeth, Durham DH7 7JL2
£148K12/210.46 mi3, Alum Waters, New Brancepeth, Durham DH7 7JL2
£65K12/200.48 mi48, Station Road, Ushaw Moor, Durham DH7 7PY2
£65K12/200.48 mi48, Station Road, Ushaw Moor, Durham DH7 7PY2
£113K04/230.53 mi11, Boundary Close, Ushaw Moor, Durham, County Durham DH7 7FB2
£75K07/210.59 mi13, High View, Ushaw Moor, Durham, County Durham DH7 7QQ2
£86K03/230.59 mi34, High View, Ushaw Moor, Durham, County Durham DH7 7QQ2
£67K06/210.65 mi2, South View, Ushaw Moor, Durham, County Durham DH7 7PS2
£66K11/200.65 mi13, South View, Ushaw Moor, Durham DH7 7PS2
£61.5K02/210.71 mi10, Temperance Terrace, Ushaw Moor, Durham DH7 7PQ2
£100K02/230.73 mi29, Ushaw Terrace, Ushaw Moor, Durham, County Durham DH7 7PD2
£72.5K11/210.73 mi5, Ushaw Terrace, Ushaw Moor, Durham DH7 7PD2
£48.5K03/231.08 mi6, Woodland Road, Bearpark, Durham, County Durham DH7 7DQ2
£127K02/231.1 mi16, Front Street, Broompark, Durham, County Durham DH7 7QX2
£109K11/201.15 mi17, South View, Bearpark, Durham DH7 7DE2
£51.5K08/211.16 mi26, Pine Lea, Brandon, Durham DH7 8SR2
£77K03/231.16 mi34, Pine Lea, Brandon, Durham, County Durham DH7 8SR2
£60K08/211.17 mi5, Auton Stile, Bearpark, Durham DH7 7AA2
£58.5K08/211.19 mi9, Poplar Lea, Brandon, Durham, County Durham DH7 8SP2
£76K08/231.19 mi10, Poplar Lea, Brandon, Durham, County Durham DH7 8SP2
£68K04/211.2 mi6, College View, Bearpark, Durham, County Durham DH7 7DY2
£95K12/221.21 mi7, George Terrace, Bearpark, Durham, County Durham DH7 7AQ2
£80K02/231.22 mi22, Linden Park, Brandon, Durham, County Durham DH7 8PX2
£90K12/221.22 mi17, Linden Park, Brandon, Durham, County Durham DH7 8PX2
£80K04/211.23 mi2, Lime Park, Brandon, Durham DH7 8QD2
£72.5K04/211.28 mi76, Taylor Avenue, Bearpark, Durham DH7 7AY2
£70K11/211.29 mi97, Taylor Avenue, Bearpark, Durham DH7 7AX2
£85K01/211.3 mi102, Taylor Avenue, Bearpark, Durham, County Durham DH7 7AY2
£138.5K03/231.35 mi20, Aldin Grange Terrace, Bearpark, Durham, County Durham DH7 7AN2
£80K11/201.38 mi12, Red Ridges, Brandon, Durham, County Durham DH7 8QP2
£100K09/211.45 mi16, Briar Avenue, Brandon, Durham DH7 8AJ2
£81.5K11/201.47 mi39, Briar Avenue, Brandon, Durham, County Durham DH7 8AL2
£85K02/211.59 mi27, Dominion Road, Brandon, Durham DH7 8AY2
£106K06/211.6 mi17, Station Road, Meadowfield, Durham, County Durham DH7 8NF2
£140K02/231.61 mi12, St Bedes Way, Langley Moor, Durham, County Durham DH7 8YB2
£125K03/211.61 mi2, St Bedes Way, Langley Moor, Durham DH7 8YB2
£145K03/231.61 mi1, St Bedes Way, Langley Moor, Durham, County Durham DH7 8YB2
£116.5K08/211.61 mi15, Camberley Drive, Brandon, Durham, County Durham DH7 8TD2
£95K12/201.63 mi82, Cavendish Court, Brandon, Durham, County Durham DH7 8UW2
£114K01/211.63 mi54, Cavendish Court, Brandon, Durham DH7 8UW2
£107K02/211.63 mi74, Cavendish Court, Brandon, Durham DH7 8UW2
£75K10/201.64 mi8, Black Road, Langley Moor, Durham, County Durham DH7 8LW2
£187.5K12/221.66 mi36, Winchester Drive, Brandon, Durham, County Durham DH7 8UG2
£78K12/221.67 mi59, Frederick Street North, Meadowfield, Durham, County Durham DH7 8ND2
£60K10/211.69 mi35, Frederick Street North, Meadowfield, Durham, County Durham DH7 8NB2
£112.5K11/201.69 mi24, Roman Road, Brandon, Durham DH7 8UF2

Local Rents

12 rents from £550/mo to £800/mo, average is £680/mo.

RentDateDistanceAddressBeds 
£55012/240.02 miWaltons Terrace, New Brancepeth, Durham2
£80012/240.05 mi-2
£65011/230.05 mi-2
£75012/240.53 miBoundary Close, Ushaw Moor, Durham2
£70009/240.62 mi-2
£55012/240.69 miTemperance Terrace, Ushaw Moor, County Durham2
£71512/240.79 miSilver Tree Gardens, Durham, County Durham, DH72
£55012/240.8 miAldridge Court, Ushaw Moor, Durham, DH72
£75012/241.1 miFront Street, Broompark, DH72
£62512/241.14 miPear Lea, Brandon, Durham City, DH72
£66010/241.16 mi-2
£80012/241.17 miAuton Stile, Bearpark, Durham2

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

3.02 miles away

Nearest school

0.10 miles away

Nearest train station

2.77 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £75,000

December 27, 2024

Floor Plans

Description

  • Stunning Open Views To Front +
  • Traditional Terraced House +
  • Two Double Bedrooms +
  • Attractive Open Plan Kitchen Dining Room +
  • Gas Central Heating and Double Glazing +
  • Forecourt Garden and Rear Yard +
  • Approximately 3 Miles Form Durham City +
  • No Onward Chain +

With stunning open views to front this spacious traditional terraced house is pleasantly situated in the Village of New Brancepeth which lies approximately 4 miles from Durham City, surrounded by beautiful open countryside.
The spacious accommodation on offers include a spacious lounge, dining room with open plan access to an attractive modern refitted kitchen, the rear hall has a useful built in storage cupboard and gives access to a modern wet room shower room with wc and pedestal hand basin.  To the first Floor you will find two double sized bedrooms. Externally the property is set beck from the main highway via a forecourt garden and with an enclosed yard to rear.
The property has double glazing and gas central heating via a COMBI boiler.
Offered for sale with no onward chain we feel the property is realistically priced to sell and would recommend an early internal viewing to avoid missing out.

Agent Details

Dowen, Durham

0191 625 0118

Next Steps?

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