5 Bed Terraced House, Single Let, Durham, DH1 1JS, £600,000

Kepier Terrace, Durham City, DH1 1JS - 2 months ago

BTL
~178 m²
+30 photos

ValuationOvervalued

Sold Prices£190K - £715K
Sold Prices/m²£1.2K/m² - £4.5K/m²

 

 

Square Metres

~178.28 m²
Price/m²£3.4K/m²

Value Estimate

£402,736

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Total Cash In

£186,700

 

 

Cash Out

 

Rent Range

£628 - £4,394

Rent Estimate

£639

Running Costs/mo

£2,023

Cashflow/mo

£-1,384

Cashflow/yr

£-16,606

Gross Yield

1%

Local Sold Prices

36 sold prices from £190K to £715K, average is £387.5K. £1.2K/m² to £4.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£450K02/210.06 mi210, Gilesgate, Durham, County Durham DH1 1QN5
£300K02/210.12 mi41, Wearside Drive, Durham, County Durham DH1 1LE5
£370K08/210.12 mi6, Ferens Close, Durham, County Durham DH1 1JX5
£465K03/210.18 mi22, Ferens Park, Durham DH1 1NU5
£305K12/200.25 mi34, Orchard Drive, Durham DH1 1LA5
£405K03/230.29 mi46, The Sidings, Durham, County Durham DH1 1HS5
£715K06/210.48 mi8, Church Street, Durham, County Durham DH1 3DG5
£255K10/200.84 mi58, Pilgrims Way, Durham, County Durham DH1 1HQ5
£400K10/210.84 mi10, Quarryheads Lane, Durham, County Durham DH1 3DY5
£555K09/210.87 mi12, North End, Durham, County Durham DH1 4NJ5
£595K01/230.88 miAlbert House, The Avenue, Durham, County Durham DH1 4EB5
£395K03/211 mi11, Hornbeam Close, Durham, County Durham DH1 1EN5
£590K11/201.02 mi62, Archery Rise, Durham, County Durham DH1 4LA5
£550K10/221.02 mi50, Archery Rise, Durham, County Durham DH1 4LA5
£260K08/231.06 mi32, Rowan Tree Avenue, Durham, County Durham DH1 1DU5
£695K06/231.07 miWellsprings, 4, Springfield Park, Durham, County Durham DH1 4LS5
£490K11/201.07 miFernlea, Springfield Park, Durham, County Durham DH1 4LS5
£215K10/211.08 mi23, Rowan Tree Avenue, Durham DH1 1DX5
£377K04/211.09 mi64, Kirkwood Drive, Durham DH1 4FF5
£319K08/231.09 mi49, Kirkwood Drive, Durham, County Durham DH1 4FF5
£395K10/201.09 mi20, St Johns Road, Durham, County Durham DH1 4NU5
£500K07/231.09 mi19, Springwell Road, Durham, County Durham DH1 4LR5
£256K07/211.1 mi90, Moor Crescent, Durham, County Durham DH1 1DJ5
£350K06/211.11 mi15, Surtees Drive, Durham DH1 4AR5
£500K02/231.12 mi23, Springwell Road, Durham, County Durham DH1 4LR5
£455K05/211.13 miSpringwell Hollow, Whitesmocks, Durham DH1 4LJ5
£380K04/211.21 mi33, Dalton Crescent, Durham DH1 4FB5
£550K11/211.36 mi11, Dickens Wynd, Durham, County Durham DH1 3QR5
£190K06/211.38 mi14, South Terrace, Durham, County Durham DH1 5EN5
£329.9K12/201.63 mi66, Harvey Avenue, Framwellgate Moor, Durham, County Durham DH1 5ZG5
£280K05/231.65 mi86, Rothbury Road, Newton Hall, Durham, County Durham DH1 5QB5
£575K12/201.84 mi25, Rosemount, Durham, County Durham DH1 5GA5
£340K12/201.85 mi11, Paxton Mews, Pity Me, Durham DH1 5BS5
£350K06/211.85 mi9, Paxton Mews, Durham DH1 5BS5
£315K05/211.88 miSilver Howe, Hillcrest, High Shincliffe, Durham, County Durham DH1 2PQ5
£280K09/211.91 mi10, Rosedale Road, Durham, County Durham DH1 2AS5

Local Rents

24 rents from £628/mo to £4.4K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£65012/240.08 miGilesgate, Durham, DH15
£3,66212/240.1 mi-5
£3,57512/240.1 mi-5
£1,95012/240.17 miLeazes Court, Leazes Place, Durham, DH14
£2,60012/240.23 miOrchard Drive, Durham4
£3,64008/240.34 mi-6
£1,15012/240.37 miMagdalene Street, Gilesgate3
£2,50012/240.37 mi-3
£2,50002/250.37 mi-3
£2,50001/250.37 mi-3
£2,50002/250.37 mi-3
£2,50012/240.37 miMagdalene Street, County Durham, DH13
£2,40012/240.38 mi-3
£2,40012/240.38 mi-3
£2,40008/240.38 mi-3
£2,50012/240.38 mi-3
£4,39412/240.41 miGilesgate, Durham, DH16
£62812/240.41 miGilesgate, Durham City9
£1,15012/240.55 miQuarryheads Lane, Durham, County Durham, DH13
£2,42712/240.55 miMontgomery Road, Durham, DH14
£70612/240.56 miThe Hallgarth, Durham, DH16
£70612/240.56 miThe Hallgarth, Durham, DH16
£1,80012/240.56 miIllingworth Grove, Durham, DH13
£71512/240.6 miAllergate, Durham, DH15

Local Area Statistics

Population in DH1

49,938

Population in Durham

124,445

Town centre distance

0.30 miles away

Nearest school

0.60 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £600,000

February 5, 2025

Floor Plans

Description

  • Generous Terrace Home +
  • Origionally Two Properties +
  • Annex - Potential Rental Income +
  • Five Bedrooms & Three Reception +
  • City Centre Location +
  • Lovely Rear Garden +

This spacious family home, formerly two, is situated a short distance from Durham City Centre. It has Five Bedrooms, Three Reception Rooms, Two Bathrooms, and an annex that has been let and providing income.

Conveniently situated within an approximate eight-minute walk of the Market Place in Durham City Centre, this stunning family home provides deceptively spacious accommodation having been two houses originally. There is a one-bedroom annex with a kitchen, a shower room, and a courtyard garden, which could provide private space for an elderly parent, a teenage child, or even the opportunity to rent creating an income. The main house benefits from high ceilings and large rooms which briefly comprise, a lounge with a feature fireplace and double doors to the rear garden, a separate dining room with Bi-fold doors to a sunroom overlooking the rear garden, there is a country-style kitchen/breakfast room and a separate utility area. On the first floor, there are five good-sized bedrooms, the main bedroom having a walk-in wardrobe. There are two bathrooms and fantastic countryside views to the rear. Externally there is a good-sized rear garden with lawn, mature shrubs, a small pond, and multiple patio areas. In addition, there is a single integral garage providing storage or off-street parking.

EPC Grade = D

Kepier Terrace is well situated within this popular established area just off Claypath. It is therefore within walking distance of the Market Place and many of the City's shopping and recreational facilities and amenities. It is also well placed for access to a number of the University and College buildings. It is also within a few minutes' drive of the A(690) Durham to Sunderland Highway, which in turn offers access to the A1(M) Motorway Interchange at Carrville, making it well placed for commuting purposes.

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 – E
Tenure – Freehold

PART B
Property Type – Terrace
Property Construction – Standard
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 (not metered)
Sewerage – Mains
Heating - Gas fired with radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website -
Estimated Broadband Download speeds – please refer to the Ofcom Website –
Parking:

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 – Rivers & Seas = No Risk / Surface Water = Very 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?

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