3 Bed Terraced House, Single Let, Durham, DH7 8QD, £105,000

Lime Park, Brandon, DH7 8QD - 2 views - 3 months ago

BTL
ROI: 6%
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£60K - £260K
Sold Prices/m²£526/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£126,402
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,500

Total Cash In

£30,750

 

 

Cash Out

 

Rent Range

£600 - £2,000

Rent Estimate

£659

Running Costs/mo

£480

Cashflow/mo

£179

Cashflow/yr

£2,149

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £260K, average is £101.8K. £526/m² to £2.4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£77.5K12/200.03 mi12, Lime Park, Brandon, Durham DH7 8QD3
£129.9K04/230.15 mi1, Deerness Heights, Brandon, Durham, County Durham DH7 8TQ3
£85K02/210.15 mi37, Deerness Heights, Brandon, Durham DH7 8TQ3
£116.5K12/210.17 mi14, Brockwell Court, Brandon, Durham DH7 8QX3
£217.5K10/210.19 mi2, Lowland Road, Brandon, Durham DH7 8NN3
£119.3K07/210.22 mi66, Deerness Heights, Brandon, Durham DH7 8TX3
£90K10/210.23 mi107, Deerness Heights, Brandon, Durham, County Durham DH7 8TY3
£91K11/200.23 mi104, Deerness Heights, Brandon, Durham DH7 8TY3
£86K02/210.23 mi9, Red Courts, Brandon, Durham, County Durham DH7 8QN3
£230K09/210.23 mi2, Dove Close, Brandon, Durham, County Durham DH7 8BN3
£260K02/210.23 mi8, Dove Close, Brandon, Durham DH7 8BN3
£87.5K12/200.28 mi14, Victoria Avenue, Brandon, Durham, County Durham DH7 8QH3
£80K05/230.28 mi10, Commercial Square, Brandon, Durham, County Durham DH7 8QJ3
£98.5K03/210.28 mi63, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£134K10/210.28 mi41, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£92.5K03/210.28 mi75, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£105K03/230.3 mi2, Commercial Street, Brandon, Durham, County Durham DH7 8PL3
£91K03/230.31 mi17, Grey Gables, Brandon, Durham, County Durham DH7 8QW3
£125K05/210.31 mi76, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£140K03/210.31 mi46, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£127K12/200.31 mi20, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£134.9K03/230.31 mi20, Grove Road, Brandon, Durham, County Durham DH7 8AW3
£171K02/210.37 mi23, Leesfield Gardens, Meadowfield, Durham, County Durham DH7 8NQ3
£145K06/210.37 mi20, Leesfield Road, Meadowfield, Durham DH7 8NJ3
£70K04/210.38 mi27, Alder Park, Brandon, Durham DH7 8TH3
£114.2K03/210.38 mi51, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£200K03/230.38 mi51, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£185K01/230.38 mi27, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£145K05/230.39 mi17, Allendale Road, Meadowfield, Durham, County Durham DH7 8XG3
£130K04/210.39 mi17, Allendale Road, Meadowfield, Durham DH7 8XG3
£169K05/230.39 mi17, Penryn Way, Meadowfield, Durham, County Durham DH7 8UU3
£82.5K05/230.39 mi70, Alder Park, Brandon, Durham, County Durham DH7 8TJ3
£95K01/230.4 mi30, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£238K02/230.41 mi3, North End, Brandon Village, Durham, County Durham DH7 8UN3
£60K11/200.42 mi2, Middle Grove, Brandon, Durham, County Durham DH7 8TR3
£65K08/210.42 mi37, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£81K03/230.42 mi39, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£90K08/210.44 mi22, Beech Park, Brandon, Durham, County Durham DH7 8TL3
£157.5K05/230.45 mi12, Arundel Way, Meadowfield, Durham, County Durham DH7 8UT3
£149.9K12/200.45 mi11, Stanhope Close, Meadowfield, Durham, County Durham DH7 8XE3
£80K05/210.47 mi21, South View, Meadowfield, Durham, County Durham DH7 8SF3
£138K05/230.47 mi21, South View, Meadowfield, Durham, County Durham DH7 8SF3
£70K10/210.5 mi21, Tiree Close, Brandon, Durham DH7 8QY3
£95K12/200.5 mi14, Central Avenue, Meadowfield, Durham DH7 8SE3
£70K12/200.5 mi42, Cherry Park, Brandon, Durham, County Durham DH7 8TN3
£87.5K05/230.5 mi2, Cherry Park, Brandon, Durham, County Durham DH7 8TN3
£60.5K10/210.52 mi51, Frederick Street South, Meadowfield, Durham DH7 8NA3
£80K02/210.52 mi4, Hemmel Court, Brandon, Durham DH7 8QS3
£76K10/200.53 mi5, Burnigill, Meadowfield, Durham, County Durham DH7 8SA3
£110K01/210.56 mi45, Dorlonco Villas, Meadowfield, Durham DH7 8RZ3

Local Rents

12 rents from £600/mo to £2K/mo, average is £713/mo.

RentDateDistanceAddressBeds 
£69512/240.08 miMidhill Close, Brandon, Durham3
£75012/240.22 mi-3
£70011/240.27 mi-3
£67512/240.3 miCommercial Street, Durham, DH73
£72512/240.33 miChurch Square, Brandon, DH73
£72512/240.44 miBeech Park, Brandon, Durham, Durham, DH73
£60012/240.49 miCherry Park, Brandon, Durham, DH73
£2,00012/240.53 mi-3
£65012/240.55 miDorlonco Villas, Meadowfield, Durham3
£1,00012/240.58 miCavendish Court, Brandon3
£70012/240.61 miJohn Street North, Durham, DH73
£1,62512/240.62 miJohn Street North, Meadowfield, Durham3

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

2.85 miles away

Nearest school

0.20 miles away

Nearest train station

2.76 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £105,000

March 12, 2025

Listed for £110,000

January 18, 2025

Floor Plans

Description

Igomove are pleased to offer to the market this smartly presented, double fronted, three bedroom End terrace home in Lime Park in the popular village of Brandon. Perfect for first time buyers or investors. This property benefits from an array of amenities nearby including, both primary and secondary schools, independent shops, cafes, leisure facilities and bus services. Brandon village is perfectly positioned for countryside walks but has great access to the local amenities and the main trunk road into Durham. This well presented home provides; three bedrooms two of which are double, beautiful family bathroom, open plan, well equipped modern kitchen/diner, spacious living room with central electric stove, neutral decor throughout, an enclosed rear courtyard with large garden shed and patio, small fenced south facing garden to the front with off road parking, This cosy home is warmed by Gas central heating from a recently fitted combi boiler. All windows are Upvc throughout. These homes were built in space and greenery so they have a nice open aspect. The property has been modernised to incorporate the open plan kitchen diner which gives a spacious and homely feel and would suit a range of buyers, don’t delay to book in a viewing.

The front façade of this family home with low front fence borders the small west facing garden, through the front door is a small hallway with two doors into the kitchen/diner and living room, access to the stairs with painted and carpeted staircase leading to First floor;
The large modern fitted kitchen with warm neutral tones gives an inviting feeling to the home. It has a good range of cream base units with a separating island and breakfast bar, contrasting wood effect worktops throughout, with integrated gas hob, electric oven, and extractor unit, aswell as an integrated Washing Machine and low level separate Fridge and Freezer, stainless steel sink with drainer and chrome mixer tap. The room has decorative coving, spotlights to ceiling, warm wood effect flooring with a separate area for dining overlooking the front aspect. Dual aspect windows to both front and rear of property fitted with venetian blinds, door to rear courtyard. The room also benefits from an understairs storage cupboard.
Through door into the living room, decor is pleasant tones of grey with attractive coving and modern multi bulb chandelier, to the centre of the large room features a sleek black electric fire as a focal point. The room has a large window to the front aspect of the house and another overlooking the rear courtyard, both fitted with vertical blinds. Carpeted in grey throughout.
Stairs leading to first floor landing are carpeted in grey, on the first floor landing there is a window to the rear elevation, a storage cupboard housing the Combi boiler fitted within last 5 years, through door into a master bedroom with a large window fitted with roller blinds to the front elevation, the room is decorated in grey and benefits from a walk in storage closet with painted door, carpeted in grey, single radiator.
The second double bedroom has large window to the front elevation fitted with venetian blinds, it has a feature wall, carpeted in grey and fitted with decorative coving, single radiator.

The final bedroom is of single proportions, with rear facing window with venetian blinds, fully carpeted and fitted with decorative coving and benefits from a convenient built in storage cupboard, single radiator.

The attractive white modern bathroom suite features a shower over bath with mains shower plus glass screen, fitted with white attractive shower wall throughout, large sink with vanity unit, chrome fittings and heated towel rail and a close coupled WC, window to the rear of the property and striking wood effect flooring, good quality finish.
This family home is extremely affordable and great value for money with its many modern features throughout.
Call Igomove today on to book a viewing!

This Property is FREEHOLD

Agent Details

igomove, Covering North East

01429 801165

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪