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3 Bed Terraced House, Single Let, Durham, DH6 2BL, £49,000

Front Street East, Haswell, Durham, Durham, DH6 2BL - 3 views - 2 months ago

Auction
BTL
ROI: 13%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£42.5K - £226K
Sold Prices/m²£413/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£527/m²

Value Estimate

£61,439
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,250

Stamp Duty & Legal Fees

£2,699

Total Cash In

£14,949

 

 

Cash Out

 

Rent Range

£368 - £850

Rent Estimate

£431

Running Costs/mo

£259

Cashflow/mo

£172

Cashflow/yr

£2,060

ROI

14%

Gross Yield

11%

Local Sold Prices

50 sold prices from £42.5K to £226K, average is £97.3K. £413/m² to £2.1K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£60K06/230.03 mi12, Phillips Close, Haswell, Durham, County Durham DH6 2BW3
£115K03/210.12 mi14, Lapwing Court, Haswell, Durham DH6 2BQ3
£145K11/210.13 mi11, Grousemoor, Haswell, Durham DH6 2BU3
£115K02/230.14 mi29, Station Street, Haswell, Durham, County Durham DH6 2DF3
£147K11/210.17 mi11, Kestrel Way, Haswell, Durham DH6 2BF3
£137K01/210.17 mi48, Kestrel Way, Haswell, Durham DH6 2BF3
£120K07/230.26 mi9, Acer Drive, Haswell, Durham, County Durham DH6 2BJ3
£177K01/210.26 mi1, Acer Drive, Haswell, Durham DH6 2BJ3
£226K11/220.27 mi1, Acer Drive, Haswell, Durham, County Durham DH6 2BJ3
£60K07/210.65 mi30, Gloucester Terrace, Haswell, Durham, County Durham DH6 2EG3
£75K07/230.67 mi14, Hessewelle Crescent, Haswell, Durham, County Durham DH6 2EQ3
£115K02/230.75 mi7, Rutland Terrace, Haswell, Durham, County Durham DH6 2ER3
£95K11/211.05 mi59, Charters Crescent, South Hetton, Durham, County Durham DH6 2TW3
£95K06/211.08 mi28, Charters Crescent, South Hetton, Durham DH6 2TP3
£82K06/211.08 mi19, Charters Crescent, South Hetton, Durham, County Durham DH6 2TP3
£55K10/211.08 mi36, Charters Crescent, South Hetton, Durham DH6 2TP3
£92K11/221.1 mi41, Quin Square, South Hetton, Durham, County Durham DH6 2TL3
£125K08/211.12 mi18, Abbeydale Gardens, South Hetton, Durham DH6 2TS3
£179K12/201.19 mi5, Cedar Court, South Hetton, Durham DH6 2TE3
£170K01/211.19 mi7, Cedar Court, South Hetton, Durham DH6 2TE3
£97K01/211.22 mi1, Parkland Grove, South Hetton, Durham DH6 2SA3
£95K07/211.25 mi37, Pinedale Drive, South Hetton, Durham DH6 2XG3
£149K02/211.25 mi41, Pinedale Drive, South Hetton, Durham, County Durham DH6 2XG3
£84K03/231.25 mi7, Brydon Crescent, South Hetton, Durham, County Durham DH6 2SP3
£130K05/231.25 mi8, Brydon Crescent, South Hetton, Durham, County Durham DH6 2SP3
£160K02/231.28 mi49, Regent Court, South Hetton, Durham, County Durham DH6 2TT3
£105K05/231.31 mi33, Phalp Street, South Hetton, Durham, County Durham DH6 2ST3
£136K04/231.34 mi20, Clarence Gate, South Hetton, Durham, County Durham DH6 2TX3
£75K03/211.35 mi2, Bevin Square, South Hetton, Durham, County Durham DH6 2RR3
£59.5K03/211.35 mi10, Bevin Square, South Hetton, Durham DH6 2RR3
£50K03/231.35 mi23, Bevin Square, South Hetton, Durham, County Durham DH6 2RR3
£115K12/221.35 mi11, Bevin Square, South Hetton, Durham, County Durham DH6 2RR3
£42.5K10/201.41 mi7, Margaret Street, Ludworth, Durham DH6 1NG3
£56.5K05/211.42 mi42, Hawthorn Cottages, South Hetton, Durham DH6 2RP3
£85K06/211.43 mi1, Ullswater Terrace, South Hetton, Durham DH6 2UH3
£73K06/231.47 mi40, Patrick Crescent, South Hetton, Durham, County Durham DH6 2UP3
£120K11/221.52 mi81, Barnard Avenue, Ludworth, Durham, County Durham DH6 1LT3
£81K06/231.54 mi48, South Hetton Road, Easington Lane, Houghton Le Spring, Tyne And Wear DH5 0LQ3
£79K05/211.55 mi35, Queen Elizabeth Drive, Easington Lane, Houghton Le Spring, Tyne And Wear DH5 0NW3
£90K09/211.55 mi37, Queen Elizabeth Drive, Easington Lane, Houghton Le Spring, Tyne And Wear DH5 0NW3
£82K05/231.55 mi2, Queen Elizabeth Drive, Easington Lane, Houghton Le Spring, Tyne And Wear DH5 0NW3
£149.9K02/211.56 mi9, Worton Close, Shotton Colliery, Durham DH6 2YL3
£97.5K04/211.58 mi24, Station Road, Shotton Colliery, Durham, County Durham DH6 2JL3
£143K01/231.59 mi42, Moor Crescent, Ludworth, Durham, County Durham DH6 1NA3
£117K12/201.59 mi14, Springfield Meadow, Ludworth, Durham DH6 1NY3
£137.5K10/211.62 mi24, Cotherstone Court, Easington Lane, Houghton Le Spring, Tyne And Wear DH5 0NJ3
£90K12/201.69 mi11, Marcia Avenue, Shotton Colliery, Durham, County Durham DH6 2JN3
£61.8K01/211.74 mi14, Thirlmere Avenue, Easington Lane, Houghton Le Spring, Tyne And Wear DH5 0PY3
£60K07/211.79 mi22, Rydal Avenue, Easington Lane, Houghton Le Spring, Tyne And Wear DH5 0PU3
£107K12/201.81 mi38, Salters Lane, Shotton Colliery, Durham, County Durham DH6 2HZ3

Local Rents

50 rents from £368/mo to £850/mo, average is £585/mo.

RentDateDistanceAddressBeds 
£55003/250.02 mi-2
£44012/240.04 mi-2
£44012/240.04 mi-2
£41509/240.04 mi-1
£50012/241.19 miFallowfield Terrace, DH62
£65008/241.26 mi-2
£65011/231.31 mi-3
£36809/231.31 mi-2
£57509/231.32 mi-2
£50012/241.39 mi-1
£60011/241.39 mi-1
£52502/251.42 mi-3
£50012/241.42 miHawthorn Cottages, DH62
£75012/241.55 miQueen Elizabeth Drive , Easington 3
£70012/241.6 miCotherstone Court, Easington Lane, Houghton Le Spring, Tyne and Wear, DH5 0NJ3
£85012/241.62 miCotherstone Court, Easington Lane3
£62512/241.72 miLoweswater Avenue, Houghton-le-Spring, Tyne and Wear3
£44002/251.77 mi-2
£49512/241.77 mi-2
£49512/241.77 mi-2
£60012/241.85 mi-2
£47512/241.94 mi-2
£55012/241.95 mi-2
£68511/241.95 mi-3
£55003/251.95 mi-2
£49512/241.97 miHigh Street, Easington Lane, DH52
£79502/252.02 mi-3
£50012/242.1 mi-2
£72509/232.11 mi-4
£72509/232.11 mi-4
£72512/232.11 mi-4
£72509/232.11 mi-4
£72512/232.11 mi-4
£50012/242.11 miVictoria Street, Shotton Colliery, Durham, Durham, DH6 2QN3
£69512/242.11 miVictoria Street, Shotton Colliery, Durham, Durham, DH6 2QN3
£70012/242.12 mi-3
£69501/252.12 mi-2
£69502/252.12 mi-2
£69512/242.12 miPemberton Bank, Houghton Le Spring 3
£47512/242.17 mi-2
£55012/242.18 mi-2
£55002/252.18 mi-2
£55012/242.18 miDene Terrace, Shotton Colliery, Durham, DH62
£53512/242.2 miWilliam Morris Terrace, Shotton Colliery, Durham2
£70012/242.2 miBurns Terrace, Shotton Colliery3
£59512/242.21 miDixon Estate, Shotton2
£50003/252.23 mi-2
£85003/252.26 mi-3
£60012/242.28 miHartlepool Street North, DH64
£80012/242.39 mi-4

Links

Local Area Statistics

Population in DH6

33,466

Population in Durham

124,445

Town centre distance

6.20 miles away

Nearest school

1.10 miles away

Nearest train station

4.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Price changed to £49,000

February 12, 2025

Listed for £49,950

January 27, 2025

Description

  • Three bedrooms +
  • Terraced property +
  • Potential rental income £550pcm +
  • No Onward Chain +
  • Realistically priced +

Pattinson Estate Agents welcome for sale by auction this fantastic investment opportunity situated on Front Street East in Haswell, County Durham.
The property briefly comprises: lounge, dining room, kitchen, three bedrooms and a family bathroom.
Externally, the property welcomes an enclosed yard to the rear. With no forward chain and with a potential rental income of £550pcm, this property would offer a good rental yield.
To arrange your viewing, call our local office on: .

Council Tax Band: A
Tenure: Freehold

For sale through Pattinson Auction under Conditional Terms.

Agent Details

Pattinson Estate Agents, Peterlee

0191 625 0949

Next Steps?

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

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