2 Bed Terraced House, Single Let, Durham, DH6 3AG, £45,000
Garden Terrace, Thornley, Durham, County Durham, DH6 3AG - 3 views - 3 months ago
Sold STC
Auction
BTL
ROI: 16%
~68 m²





+7 photos
ValuationUndervalued
Sold Prices | £42.5K - £139.9K |
Sold Prices/m² | £636/m² - £1.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £661/m² |
Value Estimate | £53,799 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £11,250 |
Stamp Duty & Legal Fees | £2,550 |
Total Cash In | £13,800 |
| |
Cash Out | |
Rent Range | £425 - £1,800 |
Rent Estimate | £425 |
Running Costs/mo | £246 |
Cashflow/mo | £179 |
Cashflow/yr | £2,153 |
ROI | 16% |
Gross Yield | 11% |
Local Sold Prices
22 sold prices from £42.5K to £139.9K, average is £64.5K. £636/m² to £1.3K/m², average is £790/m².
Local Rents
50 rents from £425/mo to £1.8K/mo, average is £600/mo.
Local Area Statistics
Population in DH6 | 33,466 |
Population in Durham | 124,445 |
Town centre distance | 6.11 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 4.83 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +11% |
Sales demand | Seller's market |
Capital growth (5yrs) | +9% |
Property History
Listed for £45,000
January 10, 2025
Floor Plans

Description
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