2 Bed Terraced House, Single Let, Durham, DH6 5BB, £85,000

Clarence Street, Bowburn, Durham, County Durham, DH6 5BB - 3 views - 2 months ago

BTL
ROI: 5%
~68 m²
+7 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£68,984

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,900

Total Cash In

£25,150

 

 

Cash Out

 

Rent Range

£450 - £3,250

Rent Estimate

£503

Running Costs/mo

£386

Cashflow/mo

£117

Cashflow/yr

£1,401

ROI

6%

Gross Yield

7%

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 
£58K03/210.01 mi34, Wylam Street, Bowburn, Durham, County Durham DH6 5BD2
£62K01/210.01 mi7, Wylam Street, Bowburn, Durham, County Durham DH6 5BD2
£56K02/210.08 mi27, Durham Road, Bowburn, Durham, County Durham DH6 5AT2
£80K11/220.19 mi17, Grange Park Crescent, Bowburn, Durham, County Durham DH6 5BW2
£76K11/200.19 mi15, Grange Park Crescent, Bowburn, Durham DH6 5BW2
£114K05/230.19 mi10, Grange Park Crescent, Bowburn, Durham, County Durham DH6 5BW2
£90K05/230.19 mi9, Grange Park Crescent, Bowburn, Durham, County Durham DH6 5BW2
£80K04/230.24 mi24, Burn Street, Bowburn, Durham, County Durham DH6 5AN2
£100K12/220.24 mi5, Burn Street, Bowburn, Durham, County Durham DH6 5AN2
£84K02/210.28 mi53, Surtees Avenue, Bowburn, Durham, County Durham DH6 5DZ2
£79K07/230.28 mi51, Surtees Avenue, Bowburn, Durham, County Durham DH6 5DZ2
£55K10/200.35 mi16, Edward Avenue, Bowburn, Durham, County Durham DH6 5EB2
£56K03/210.37 mi13, William Street, Bowburn, Durham, County Durham DH6 5DY2
£70K05/210.37 mi19, William Street, Bowburn, Durham, County Durham DH6 5DY2
£105K11/200.37 mi77, Lawson Road, Bowburn, Durham DH6 5ED2
£123.5K06/230.37 mi66, Lawson Road, Bowburn, Durham, County Durham DH6 5ED2
£48.5K11/200.51 mi15, Mary Terrace, Bowburn, Durham DH6 5DH2
£100K05/230.53 mi58, Park Avenue, Coxhoe, Durham, County Durham DH6 4JN2
£76K12/220.61 mi73, Park Avenue, Coxhoe, Durham, County Durham DH6 4JJ2
£75K07/230.61 mi43, Park Avenue, Coxhoe, Durham, County Durham DH6 4JJ2
£105.5K11/200.64 mi26, Grange Way, Bowburn, Durham, County Durham DH6 5PN2
£95K01/230.64 mi91, Park Avenue, Coxhoe, Durham, County Durham DH6 4JJ2
£59K11/200.66 mi4, Parkhill Estate, Coxhoe, Durham, County Durham DH6 4JH2

Local Rents

50 rents from £450/mo to £3.3K/mo, average is £715/mo.

RentDateDistanceAddressBeds 
£55012/240.04 miWylam Street, Bowburn, Durham2
£65012/240.05 miSteavenson Street, Bowburn3
£65012/240.07 miDurham Road, Bowburn, Durham, Durham, DH63
£90012/240.19 miTilery Close, Bowburn3
£87512/240.2 miLeamside Way, Bowburn3
£70012/240.22 mi-3
£65012/240.24 miBurn Street, Bowburn, County Durham2
£59512/240.3 mi-3
£65002/250.33 mi-3
£52511/240.33 mi-3
£1,50012/240.35 mi-3
£1,10011/240.35 mi-3
£75012/240.36 miCharlton Court, Bowburn, DH63
£80012/240.37 miLawson Road, Bowburn3
£73012/240.45 miOakfield Crescent, Bowburn, Durham2
£65012/240.48 miGriffiths Court, Bowburn, Durham, DH62
£77512/240.57 miCavell Drive, Bowburn, Durham, DH63
£56312/240.62 miGrange Way - DH63
£75012/240.7 miBell Avenue, Bowburn, Durham, DH63
£80011/240.77 mi-4
£79512/240.79 mi21 Henry Avenue, Bowburn, Durham3
£69512/241.12 miSandgate, Coxhoe, Durham2
£62012/241.14 miCommercial Road West, Coxhoe, Durham1
£1,00012/241.17 miHett, Durham, DH62
£62511/241.23 mi-2
£85012/241.4 miBrowning Hill, Coxhoe, Durham, DH63
£75012/241.54 miAvenue Street, High Shincliffe, Durham2
£75010/241.54 mi-3
£80010/241.54 mi-3
£75002/251.54 mi-3
£48011/241.54 mi-1
£70012/241.58 miThe Avenue, Coxhoe, Durham, Durham, DH62
£65012/241.6 miGrange Way, Bowburn, Durham, DH62
£80012/241.62 miHadleigh Court, Coxhoe2
£1,00012/241.75 miEast Street, Hett, Durham, DH63
£80012/241.9 miMajolica Mews, DH64
£1,75012/241.93 miBlue Barn, Old Cassop, Durham5
£59504/241.99 mi-3
£3,15004/241.99 mi-5
£3,25005/241.99 mi-5
£3,05002/251.99 mi-5
£75002/242.03 mi-3
£58507/242.06 mi-2
£60012/242.1 miGlebe Villas, West Cornforth, Ferryhill, Durham, DL173
£45004/242.12 mi-2
£55004/242.12 miGlebe Villas, West Cornforth, Ferryhill, Durham, DL172
£55004/242.14 miWindsor Terrace, West Cornforth,2
£50004/242.17 mi-2
£52505/242.17 mi-3
£45005/242.17 mi-2

Local Area Statistics

Population in DH6

33,466

Population in Durham

124,445

Town centre distance

3.56 miles away

Nearest school

0.40 miles away

Nearest train station

3.96 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 £85,000

March 20, 2025

Listed for £90,000

February 5, 2025

Floor Plans

Description

  • Spacious Terraced Home +
  • Two Bedrooms +
  • Stunning 1st Floor Family Bathroom/wc +
  • Well Presented Internally +
  • Modern Refitted Kitchen +
  • Double Glazing and Gas Central Heating via COMBI +
  • Local Shops And Schools Nearby +
  • Close To Durham City and A1(M) +
  • No Onward Chain +
  • Awaiting EPC +

With no onward chain, this spacious and well-presented terraced home offers generous living space and modern upgrades throughout. The ground floor features a welcoming entrance hall leading to a spacious lounge and a separate dining room, which benefits from a generous under-stairs storage cupboard. The modern split-level kitchen has been refitted to a high standard, offering a stylish and practical space with an integrated oven, hob, extractor hood, and ample room for appliances. Upstairs, there are two well-proportioned bedrooms and a luxurious refitted family bathroom, complete with a bath, separate shower, vanity unit, and WC. Finished to an impressive standard, this home is move-in ready, and an early internal viewing is highly recommended. Externally, the property boasts an enclosed patio garden, providing a pleasant outdoor space to enjoy during the warmer months. Situated in the heart of Bowburn, the home benefits from a range of local shops and amenities, with additional facilities available in nearby Coxhoe. A more comprehensive selection of shopping, dining, and leisure options can be found in Durham City Centre, just three miles away. Ideally positioned for commuters, Bowburn offers excellent transport links, with the A1(M) motorway interchange just a short drive away, providing easy access to regional hubs.

Agent Details

Dowen, Durham

0191 625 0118

Next Steps?

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