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