2 Bed Terraced House, Single Let, Durham, DH6 5BD, £72,000

Wylam Street, Bowburn, Durham, County Durham, DH6 5BD - 3 views - 2 months ago

BTL
ROI: 7%
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£48.5K - £123.5K
Sold Prices/m²£538/m² - £1.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£68,984

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£21,600

 

 

Cash Out

 

Rent Range

£450 - £3,250

Rent Estimate

£500

Running Costs/mo

£345

Cashflow/mo

£155

Cashflow/yr

£1,860

ROI

9%

Gross Yield

8%

Local Sold Prices

23 sold prices from £48.5K to £123.5K, average is £79K. £538/m² to £1.8K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£58K03/210.03 mi34, Wylam Street, Bowburn, Durham, County Durham DH6 5BD2
£62K01/210.03 mi7, Wylam Street, Bowburn, Durham, County Durham DH6 5BD2
£56K02/210.09 mi27, Durham Road, Bowburn, Durham, County Durham DH6 5AT2
£80K11/220.17 mi17, Grange Park Crescent, Bowburn, Durham, County Durham DH6 5BW2
£76K11/200.17 mi15, Grange Park Crescent, Bowburn, Durham DH6 5BW2
£114K05/230.17 mi10, Grange Park Crescent, Bowburn, Durham, County Durham DH6 5BW2
£90K05/230.17 mi9, Grange Park Crescent, Bowburn, Durham, County Durham DH6 5BW2
£80K04/230.22 mi24, Burn Street, Bowburn, Durham, County Durham DH6 5AN2
£100K12/220.22 mi5, Burn Street, Bowburn, Durham, County Durham DH6 5AN2
£84K02/210.24 mi53, Surtees Avenue, Bowburn, Durham, County Durham DH6 5DZ2
£79K07/230.24 mi51, Surtees Avenue, Bowburn, Durham, County Durham DH6 5DZ2
£55K10/200.31 mi16, Edward Avenue, Bowburn, Durham, County Durham DH6 5EB2
£56K03/210.33 mi13, William Street, Bowburn, Durham, County Durham DH6 5DY2
£70K05/210.33 mi19, William Street, Bowburn, Durham, County Durham DH6 5DY2
£105K11/200.33 mi77, Lawson Road, Bowburn, Durham DH6 5ED2
£123.5K06/230.33 mi66, Lawson Road, Bowburn, Durham, County Durham DH6 5ED2
£48.5K11/200.48 mi15, Mary Terrace, Bowburn, Durham DH6 5DH2
£100K05/230.56 mi58, Park Avenue, Coxhoe, Durham, County Durham DH6 4JN2
£105.5K11/200.61 mi26, Grange Way, Bowburn, Durham, County Durham DH6 5PN2
£76K12/220.65 mi73, Park Avenue, Coxhoe, Durham, County Durham DH6 4JJ2
£75K07/230.65 mi43, Park Avenue, Coxhoe, Durham, County Durham DH6 4JJ2
£95K01/230.68 mi91, Park Avenue, Coxhoe, Durham, County Durham DH6 4JJ2
£59K11/200.69 mi4, Parkhill Estate, Coxhoe, Durham, County Durham DH6 4JH2

Local Rents

50 rents from £450/mo to £3.3K/mo, average is £740/mo.

RentDateDistanceAddressBeds 
£55012/240 miWylam Street, Bowburn, Durham2
£65012/240.06 miSteavenson Street, Bowburn3
£65012/240.08 miDurham Road, Bowburn, Durham, Durham, DH63
£70012/240.2 mi-3
£65012/240.22 miBurn Street, Bowburn, County Durham2
£90012/240.23 miTilery Close, Bowburn3
£87512/240.24 miLeamside Way, Bowburn3
£59512/240.27 mi-3
£65003/250.3 mi-3
£52511/240.3 mi-3
£75012/240.32 miCharlton Court, Bowburn, DH63
£1,50012/240.32 mi-3
£1,10011/240.32 mi-3
£80012/240.33 miLawson Road, Bowburn3
£73012/240.41 miOakfield Crescent, Bowburn, Durham2
£65012/240.44 miGriffiths Court, Bowburn, Durham, DH62
£77512/240.53 miCavell Drive, Bowburn, Durham, DH63
£56312/240.59 miGrange Way - DH63
£75012/240.68 miBell Avenue, Bowburn, Durham, DH63
£79512/240.75 mi21 Henry Avenue, Bowburn, Durham3
£80011/240.81 mi-4
£69512/241.14 miSandgate, Coxhoe, Durham2
£62012/241.17 miCommercial Road West, Coxhoe, Durham1
£1,00012/241.19 miHett, Durham, DH62
£62511/241.26 mi-2
£85012/241.43 miBrowning Hill, Coxhoe, Durham, DH63
£75012/241.5 miAvenue Street, High Shincliffe, Durham2
£75010/241.57 mi-3
£80010/241.57 mi-3
£75004/251.57 mi-3
£48011/241.57 mi-1
£70012/241.61 miThe Avenue, Coxhoe, Durham, Durham, DH62
£65012/241.63 miGrange Way, Bowburn, Durham, DH62
£80012/241.66 miHadleigh Court, Coxhoe2
£1,00012/241.77 miEast Street, Hett, Durham, DH63
£1,75012/241.9 miBlue Barn, Old Cassop, Durham5
£80012/241.93 miMajolica Mews, DH64
£59504/242 mi-3
£3,15004/242.03 mi-5
£3,25005/242.03 mi-5
£3,05002/252.03 mi-5
£75002/242.04 mi-3
£75004/252.04 mi-3
£58508/242.07 mi-2
£60012/242.14 miGlebe Villas, West Cornforth, Ferryhill, Durham, DL173
£50006/232.16 mi-2
£45004/242.16 mi-2
£55004/242.16 miGlebe Villas, West Cornforth, Ferryhill, Durham, DL172
£55004/242.17 miWindsor Terrace, West Cornforth,2
£52505/242.21 mi-3

Local Area Statistics

Population in DH6

33,466

Population in Durham

124,445

Town centre distance

3.53 miles away

Nearest school

0.30 miles away

Nearest train station

3.93 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 £72,000

March 24, 2025

Listed for £80,000

February 3, 2025

Description

  • Spacious Terraced House +
  • Two double Bedrooms +
  • Modern Refitted Kitchen and Bathroom/wc +
  • Two Double Bedrooms +
  • Popular Bowburn Location +
  • Local Shops and Schools Nearby +
  • Great Access To A1(M) +
  • Awaiting Updated EPC +

This spacious two-bedroom traditional terrace home offers excellent access to Durham City, the A1, and the thriving new "Integra 61" enterprise zone. Ideal for first-time buyers and investors alike, the property boasts spacious accommodation, double glazing, gas central heating, and a generously sized enclosed rear yard.
The ground floor features an inviting entrance hall, a bright and spacious lounge, and a modern refitted kitchen and bathroom/wc. Upstairs, there are two well-proportioned bedrooms.
Situated in a convenient location, the home is within easy reach of local shops, a supermarket, and primary schools, with frequent bus services providing direct access to Durham City Centre and surrounding areas.

Agent Details

Dowen, Durham

0191 625 0118

Next Steps?

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