2 Bed Terraced House, Single Let, Durham, DH6 5HJ, £100,000

Rogerson Terrace, Croxdale, Durham, DH6 5HJ - 2 months ago

BTL
ROI: 3%
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£41.3K - £482.5K
Sold Prices/m²£677/m² - £6.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£74,166

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£450 - £3,750

Rent Estimate

£500

Running Costs/mo

£433

Cashflow/mo

£68

Cashflow/yr

£810

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £41.3K to £482.5K, average is £78.8K. £677/m² to £6.8K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£80K12/220.32 mi20, Front Street, Croxdale, Durham, County Durham DH6 5HY2
£70K01/210.32 mi55, Salvin Street, Croxdale, Durham DH6 5HZ2
£60K07/210.87 mi121, Front Street, Tudhoe Colliery, Spennymoor, Durham DL16 6TJ2
£60K07/210.87 mi121, Front Street, Tudhoe Colliery, Spennymoor, Durham DL16 6TJ2
£155K12/200.91 mi16, West Street, Hett, Durham DH6 5LS2
£140K06/210.93 mi3, South View, Hett, Durham DH6 5LT2
£140K01/231 mi3, East Street, Hett, Durham, County Durham DH6 5LP2
£97.5K12/221.01 mi60, Front Street, Tudhoe Colliery, Spennymoor, County Durham DL16 6TH2
£482.5K11/201.02 mi5, Grove Court, Hett, Durham, County Durham DH6 5LE2
£80K12/211.12 mi46, Front Street, Tudhoe Colliery, Spennymoor, County Durham DL16 6TG2
£65K01/211.12 mi12, Front Street, Tudhoe Colliery, Spennymoor, Durham DL16 6TG2
£68K01/211.12 mi21, Front Street, Tudhoe Colliery, Spennymoor, Durham DL16 6TG2
£70K03/211.12 mi34, Front Street, Tudhoe Colliery, Spennymoor, Durham DL16 6TG2
£132.5K01/231.27 mi39, Meadow Green, Spennymoor, County Durham DL16 6TN2
£390K02/211.27 mi37, Meadow Green, Spennymoor, Durham DL16 6TN2
£76.5K10/201.37 mi29, Tweed Road, Spennymoor, County Durham DL16 6SS2
£86K02/211.58 mi28, Witton Drive, Spennymoor, Durham DL16 6LU2
£77K06/211.58 mi38, Witton Drive, Spennymoor, County Durham DL16 6LU2
£86K11/201.63 mi25, Troutbeck Close, Spennymoor, Durham DL16 6XN2
£82.5K11/211.63 mi22, Troutbeck Close, Spennymoor, Durham DL16 6XN2
£101K05/211.63 mi4, Tudhoe Park Villas, Spennymoor, Durham DL16 6JS2
£120K04/231.63 mi2, Tudhoe Park Villas, Spennymoor, County Durham DL16 6JS2
£95K06/211.64 mi15, Wansbeck Close, Spennymoor, Durham DL16 6XH2
£85K03/211.65 mi92, Durham Road, Spennymoor, County Durham DL16 6SQ2
£110K10/211.71 mi67, Durham Road, Spennymoor, Durham DL16 6JW2
£103K09/211.71 mi83, Durham Road, Spennymoor, Durham DL16 6JW2
£112K04/231.71 mi73a, Durham Road, Spennymoor, County Durham DL16 6JW2
£63.5K12/201.73 mi129, Wood Vue, Spennymoor, County Durham DL16 6RQ2
£135K02/231.75 mi10, Burnmere, Spennymoor, County Durham DL16 6XJ2
£104K02/211.78 mi41, Watson Park, Spennymoor, County Durham DL16 6NB2
£52K07/211.79 mi24, South Terrace, Spennymoor, County Durham DL16 6DX2
£77.5K10/211.8 mi12, Tyne Crescent, Spennymoor, Durham DL16 6QY2
£74K12/221.81 mi40, Tyne Crescent, Spennymoor, County Durham DL16 6QZ2
£92K05/231.81 mi31, Tudhoe Moor, Spennymoor, County Durham DL16 6EY2
£42.5K05/211.81 mi59, Tudhoe Moor, Spennymoor, County Durham DL16 6EY2
£95K04/211.83 mi17, Green Lane, Spennymoor, Durham DL16 6HE2
£70K11/201.83 mi25, Tees Crescent, Spennymoor, Durham DL16 6QU2
£65K12/201.83 mi27, Tees Crescent, Spennymoor, Durham DL16 6QU2
£92.7K04/231.87 mi24, Tangmere, Spennymoor, County Durham DL16 6TY2
£58K12/221.89 mi21, Brook Street, Spennymoor, County Durham DL16 6DR2
£55K03/211.9 mi29, Brook Street, Spennymoor, Durham DL16 6DR2
£41.3K01/211.9 mi2a, Brook Street, Spennymoor, County Durham DL16 6DR2
£67.5K05/211.9 mi20, Upper Church Street, Spennymoor, County Durham DL16 6HT2
£50K10/201.9 mi66, Upper Church Street, Spennymoor, Durham DL16 6HS2
£73K06/211.9 mi97, Upper Church Street, Spennymoor, County Durham DL16 6HS2
£65K01/211.91 mi12, Marmaduke Street, Spennymoor, County Durham DL16 6DN2
£65K02/231.92 mi52, Weardale Street, Spennymoor, County Durham DL16 6ER2
£63K09/211.92 mi29, Half Moon Lane, Spennymoor, Durham DL16 6HG2
£58K11/201.92 mi27, Half Moon Lane, Spennymoor, Durham DL16 6HG2
£164K01/231.97 mi86, Parkside, Spennymoor, County Durham DL16 6RX2

Local Rents

51 rents from £450/mo to £3.8K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£59012/240.31 miSunderland Bridge Village Croxdale,Durham, DH61
£49506/240.71 mi-2
£1,00012/240.93 miEast Street, Hett, Durham, DH63
£1,79512/241.03 miDarlington Road, Durham, DH12
£62504/241.14 miTudhoe Lane, Spennymoor, County Durham, DL162
£59501/241.22 mi-3
£70004/241.3 miWolsey Road, Spennymoor3
£67501/241.31 mi-3
£54505/241.4 mi-3
£1,00012/241.48 miHett, Durham, DH62
£65004/241.55 miWitton Drive, Spennymoor3
£55003/241.57 miWitton Drive, Spennymoor, Co Durham2
£98003/251.64 mi-3
£90004/241.7 miWatson Park, Spennymoor, County Durham3
£65003/241.71 mi-3
£95012/241.72 miRoundhaven, Durham2
£1,80012/241.73 miRoundhaven, South Road, Durham5
£2,35001/251.74 mi-2
£2,35002/251.74 mi-2
£65004/241.78 miHillside Court, Spennymoor3
£1,05008/241.78 mi-4
£45005/241.8 mi-2
£45005/241.8 mi-2
£52504/241.81 miDerwent Terrace, Spennymoor, Co Durham1
£3,51012/241.82 miCedar Drive, Durham6
£70003/251.83 mi-3
£1,02504/241.84 miDurham Road, Spennymoor, County Durham, DL164
£52503/241.85 miUpper Church Street, Spennymoor, County Durham, DL162
£60004/241.85 miUpper Church Street, Spennymoor, County Durham, DL162
£60004/241.95 miDeneside, Spennymoor, County Durham, DL163
£57504/241.96 mi-2
£70012/241.98 miMeadow Rise, Meadowfield, Durham, Durham, DH7 8UH2
£45003/241.99 miKing Street, Spennymoor1
£65012/241.99 miDorlonco Villas, Meadowfield, Durham3
£55001/252 mi-2
£89004/242 miParkside, Spennymoor, Durham, DL163
£90005/242.01 miGibside Way, Spennymoor, County Durham3
£3,40002/252.02 mi-5
£3,75004/252.02 mi-5
£65004/252.03 mi-2
£70012/242.04 miJohn Street North, Durham, DH73
£1,62512/242.05 miJohn Street North, Meadowfield, Durham3
£65012/242.05 mi-2
£70003/252.05 mi-2
£55004/242.06 miFairview Drive, Spennymoor3
£67511/242.07 mi-2
£50001/242.13 mi-2
£50002/252.13 mi-2
£50003/242.17 miJackson Street, Spennymoor, County Durham, DL162
£82512/242.18 mi-3
£56312/242.18 miHigh Street North, DH72

Local Area Statistics

Population in DH6

33,466

Population in Durham

124,445

Town centre distance

3.29 miles away

Nearest school

0.80 miles away

Nearest train station

3.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £100,000

January 29, 2025

Floor Plans

Description

  • Pleasant Views +
  • No Chain +
  • Gas Central Heating +
  • Double Glazing +
  • Ideal for First Time Buyers +
  • Convenient Location for Commuting +

Ideal for first-time buyers, this stone-Built mid-terrace home has pleasant views to the front and is available with immediate vacant possession.

Conveniently positioned for access to Durham City and the surrounding area the property is suitable for student rental, being on a direct bus route, but also ideal for the first-time buyers or couples looking for a more rural setting. The property requires some improvement but has the benefit of a gas-fired combination boiler and uPVC double glazing. The accommodation briefly comprises an entrance lobby, a lounge, a kitchen, a rear lobby, and a bathroom. On the first floor there are two bedrooms. To the rear is a yard and a brick-built garage for off-road parking.

Rogerson Terrace is well situated for commuting purposes as it lies adjacent to the A(167) Highway which provides good road links to both North and South. Croxdale itself lies within easy driving distance of Spennymoor, Bishop Auckland, and Durham City, where comprehensive shopping and recreational facilities and amenities are available. There is the additional benefit of excellent bus routes to Durham, Bishop Auckland, and Darlington.

MATERIAL INFORMATION:

In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance

PART A
Local Authority – Durham County Council
Council Tax Band – A
Tenure – Freehold

PART B
Property Type – Mid Terrace
Property Construction – Standard Stone
Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls
Electricity supply – Mains
Water Supply - Mains (metered)
Sewerage – Mains
Heating - Gas fired with radiators (gas fire not operational)
Estimated Mobile phone coverage – Please refer to the Ofcom Website -

Estimated Broadband Download speeds – please refer to the Ofcom Website –
Parking: garage.

PART C
Building Safety – The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm
Restrictions - There are restrictive covenants that affects the property, further details available on request.
Flood risk – Low
Coastal Erosion - NA
Protected Trees – No
Conservation area – No
Accessibility – The property has not been altered for accessibility
Mining Area – located within a historical mining area
Selective License Area – No

No other Material Information disclosures have been made by the vendor. This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing. However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.

Agent Details

J W Wood, Durham City

0191 625 0838

Next Steps?

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