3 Bed Terraced House, Single Let, Durham, DH6 2LD, £70,000

Victoria Street, Shotton Colliery, Durham, DH6 2LD - 1 views - 2 months ago

Sold STC
BTL
ROI: 9%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£20K - £167.5K
Sold Prices/m²£224/m² - £1.7K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£73,071
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,800

 

 

Cash Out

 

Rent Range

£500 - £795

Rent Estimate

£497

Running Costs/mo

£338

Cashflow/mo

£159

Cashflow/yr

£1,906

ROI

9%

Gross Yield

9%

Local Sold Prices

24 sold prices from £20K to £167.5K, average is £64.1K. £224/m² to £1.7K/m², average is £786/m².

PriceDateDistanceAddressBeds 
£93.5K10/210.07 mi1, East Green, Shotton Colliery, Durham, County Durham DH6 2XF3
£62K06/230.07 mi144, Victoria Street, Shotton Colliery, Durham, County Durham DH6 2QN3
£44.5K02/210.07 mi123, Victoria Street, Shotton Colliery, Durham DH6 2QN3
£53K11/210.08 mi14, Milton Grove, Shotton Colliery, Durham, County Durham DH6 2RD3
£62K03/230.08 mi20, Milton Grove, Shotton Colliery, Durham, County Durham DH6 2RD3
£87.5K10/210.16 mi1, West Street, Shotton Colliery, Durham DH6 2LJ3
£130K12/220.16 mi63, Ashbrooke Estate, Shotton Colliery, Durham, County Durham DH6 2LN3
£160K11/200.17 miChapel Cottage, Windsor Place, Shotton Colliery, Durham, County Durham DH6 2XB3
£20K08/210.17 mi11, Dene Crescent, Shotton Colliery, Durham DH6 2QU3
£66.3K01/210.19 mi57, Ashbrooke Estate, Shotton Colliery, Durham, County Durham DH6 2LN3
£167.5K01/210.2 mi8, Brackenridge, Shotton Colliery, Durham DH6 2QT3
£55K03/210.22 mi19, Ashbrooke Estate, Shotton Colliery, Durham, County Durham DH6 2LR3
£60K02/210.24 mi14, Jubilee Place, Shotton Colliery, Durham, County Durham DH6 2XA3
£45K04/210.27 mi16, Bruce Glazier Terrace, Shotton Colliery, Durham, County Durham DH6 2PJ3
£47K01/210.27 mi52, Bruce Glazier Terrace, Shotton Colliery, Durham, County Durham DH6 2PJ3
£42.5K02/210.28 mi39, Hopper Terrace, Shotton Colliery, Durham, County Durham DH6 2HH3
£80K12/200.29 mi21, Lilac Terrace, Shotton Colliery, Durham, County Durham DH6 2HS3
£50K12/200.31 mi63, Bruce Glazier Terrace, Shotton Colliery, Durham, County Durham DH6 2PN3
£55K11/200.36 mi27, Keir Hardie Terrace, Shotton Colliery, Durham, County Durham DH6 2PS3
£105K07/230.36 mi36, Keir Hardie Terrace, Shotton Colliery, Durham, County Durham DH6 2PS3
£107K12/200.38 mi38, Salters Lane, Shotton Colliery, Durham, County Durham DH6 2HZ3
£90K12/200.38 mi11, Marcia Avenue, Shotton Colliery, Durham, County Durham DH6 2JN3
£97.5K04/210.52 mi24, Station Road, Shotton Colliery, Durham, County Durham DH6 2JL3
£149.9K02/210.52 mi9, Worton Close, Shotton Colliery, Durham DH6 2YL3

Local Rents

10 rents from £500/mo to £795/mo, average is £685/mo.

RentDateDistanceAddressBeds 
£50012/240.03 miVictoria Street, Shotton Colliery, Durham, Durham, DH6 2QN3
£69512/240.03 miVictoria Street, Shotton Colliery, Durham, Durham, DH6 2QN3
£70012/240.13 mi-3
£70012/240.13 miBurns Terrace, Shotton Colliery3
£79504/250.15 mi-3
£67504/250.2 mi-3
£59509/241.13 miPolden Close, Peterlee3
£62509/241.17 miPentland Close, Peterlee, Durham, SR8 2LA3
£55001/251.2 mi-3
£75006/241.22 mi-3

Local Area Statistics

Population in DH6

33,466

Population in Durham

124,445

Town centre distance

7.59 miles away

Nearest school

0.30 miles away

Nearest train station

3.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £70,000

February 4, 2025

Floor Plans

Description

  • No Onward Chain +
  • Spacious Mid Terrace House +
  • 3 Bedrooms with Fitted Wardrobes to Master +
  • Off Street Parking to Rear +
  • Gas Combi Central Heating +
  • Refitted Bathroom +
  • Log Burner to Living Room +
  • EPC Rating - C +

Introducing a charming 3-bedroom house situated in the heart of Shotton Colliery. This spacious mid-terrace property is the perfect family home, offering a convenient and comfortable lifestyle. With no onward chain, you can move in without any delays.

As you enter the house, you'll be greeted by a welcoming hallway leading to the main living spaces. The living room exudes warmth and character, boasting a central multi fuel burner that creates a cozy ambiance during colder months. It's the ideal spot to relax with your loved ones, enjoying the crackling fire as you unwind after a long day.

The kitchen is designed with functionality in mind, offering ample storage space and modern conveniences. Whip up culinary delights effortlessly while having everything within easy reach. The layout promotes an efficient workflow, making cooking a breeze.

The bathroom has been recently refitted to a high standard, featuring modern fixtures and fittings. Indulge in a relaxing soak in the bathtub or take a quick shower in the morning rush; the choice is yours.

Upstairs, you will discover three generously proportioned bedrooms, providing ample space for the whole family. Each room is flooded with natural light, creating a bright and airy atmosphere. The master bedroom benefits fitted wardrobes.

Outside, the property continues to impress with off-street parking to the rear via the double gates to the back yard, ensuring convenience and peace of mind. Say goodbye to the hassle of finding a parking spot after a long day at work.

The gas combi central heating system efficiently warms the house, keeping you cozy during cold weather. This feature not only provides comfort but also helps to reduce energy consumption, potentially saving you money on utility bills.

Located in Shotton Colliery, this property offers easy access to a range of amenities, including shops, schools, and leisure facilities. Commuting to nearby towns and cities is a breeze, with excellent road links and public transport options.

Don't miss this fantastic opportunity to secure a wonderful family home in a sought-after area. Contact us today to arrange a viewing and experience the charm and potential this property has to offer.

GROUND FLOOR Living Room (5.00m x 4.80m) log burner Kitchen (4.80m x 2.90m) Rear Lobby Bathroom (2.10m x 2.10m)

FIRST FLOOR Landing Bedroom 1 (3.70m x 2.90m) Bedroom 2 (3.60m x 2.40m) Bedroom 3 (2.60m x 2.40m)

MATERIAL INFORMATION The following information should be read and considered by any potential buyers prior to making a transactional decision:

SERVICES We are advised by the seller that the property has mains provided gas, electricity, water and drainage.

WATER METER - No

PARKING ARRANGEMENTS - Street Parking / Off Street Parking to Rear

BROADBAND SPEED The maximum speed for broadband in this area is shown by imputing the postcode at the following link here >

ELECTRIC CAR CHARGER - No

MOBILE PHONE SIGNAL No known issues at the property.

NORTHEAST OF ENGLAND - EX MINING AREA We operate in an ex-mining area. This property may have been built on or near an ex-mining site. Further information can/will be clarified by the solicitors prior to completion.

The information above has been provided by the seller and has not yet been verified at the point of producing this material. There may be more information related to the sale of this property that can be made available to any potential buyer.

Agent Details

Kimmitt and Roberts, Houghton Le Spring

0191 625 0759

Next Steps?

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