2 Bed Terraced House, Single Let, Durham, DH7 9YL, £59,950





ValuationUndervalued
Sold Prices | £42.5K - £140K |
Sold Prices/m² | £694/m² - £1.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £880/m² |
Value Estimate | £73,702 |
BMV | 13% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £14,988 |
Stamp Duty & Legal Fees | £3,150 |
Total Cash In | £18,138 |
| |
Cash Out | |
Rent Range | £500 - £3,000 |
Rent Estimate | £550 |
Running Costs/mo | £317 |
Cashflow/mo | £233 |
Cashflow/yr | £2,792 |
ROI | 15% |
Gross Yield | 11% |
Local Sold Prices
29 sold prices from £42.5K to £140K, average is £80K. £694/m² to £1.8K/m², average is £1.1K/m².
Local Rents
50 rents from £500/mo to £3K/mo, average is £663/mo.
Local Area Statistics
Population in DH7 | 40,931 |
Population in Durham | 124,445 |
Town centre distance | 4.26 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 3.88 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +35% |
Sales demand | Seller's market |
Capital growth (5yrs) | +19% |
Property History
Price changed to £59,950
February 16, 2025
Listed for £65,000
January 16, 2025
Floor Plans

Description
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