3 Bed Semi-Detached House, Single Let, Durham, DH7 8QH, £100,000

Victoria Avenue, Brandon, Durham, DH7 8QH - 1 views - 2 months ago

Sold STC
BTL
ROI: 8%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£60K - £260K
Sold Prices/m²£526/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£125,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£600 - £2,000

Rent Estimate

£672

Running Costs/mo

£467

Cashflow/mo

£205

Cashflow/yr

£2,461

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £260K, average is £115.3K. £526/m² to £2.4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£87.5K12/200.01 mi14, Victoria Avenue, Brandon, Durham, County Durham DH7 8QH3
£80K05/230.06 mi10, Commercial Square, Brandon, Durham, County Durham DH7 8QJ3
£86K02/210.1 mi9, Red Courts, Brandon, Durham, County Durham DH7 8QN3
£116.5K12/210.11 mi14, Brockwell Court, Brandon, Durham DH7 8QX3
£169K05/230.11 mi17, Penryn Way, Meadowfield, Durham, County Durham DH7 8UU3
£185K01/230.12 mi27, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£114.2K03/210.12 mi51, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£200K03/230.12 mi51, Brecken Way, Meadowfield, Durham, County Durham DH7 8UZ3
£145K05/230.17 mi17, Allendale Road, Meadowfield, Durham, County Durham DH7 8XG3
£130K04/210.17 mi17, Allendale Road, Meadowfield, Durham DH7 8XG3
£157.5K05/230.17 mi12, Arundel Way, Meadowfield, Durham, County Durham DH7 8UT3
£91K03/230.18 mi17, Grey Gables, Brandon, Durham, County Durham DH7 8QW3
£149.9K12/200.19 mi11, Stanhope Close, Meadowfield, Durham, County Durham DH7 8XE3
£217.5K10/210.19 mi2, Lowland Road, Brandon, Durham DH7 8NN3
£105K03/230.2 mi2, Commercial Street, Brandon, Durham, County Durham DH7 8PL3
£145K06/210.22 mi20, Leesfield Road, Meadowfield, Durham DH7 8NJ3
£171K02/210.25 mi23, Leesfield Gardens, Meadowfield, Durham, County Durham DH7 8NQ3
£60.5K10/210.26 mi51, Frederick Street South, Meadowfield, Durham DH7 8NA3
£77.5K12/200.26 mi12, Lime Park, Brandon, Durham DH7 8QD3
£95K12/200.3 mi14, Central Avenue, Meadowfield, Durham DH7 8SE3
£80K05/210.31 mi21, South View, Meadowfield, Durham, County Durham DH7 8SF3
£138K05/230.31 mi21, South View, Meadowfield, Durham, County Durham DH7 8SF3
£167K06/230.32 miChopgate, Back John Street North, Meadowfield, Durham, County Durham DH7 8RT3
£95K01/230.33 mi30, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£75K02/210.34 mi20, East View, Meadowfield, Durham, County Durham DH7 8RY3
£65K08/210.34 mi37, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£81K03/230.34 mi39, Stack Garth, Brandon, Durham, County Durham DH7 8QR3
£70K10/210.34 mi21, Tiree Close, Brandon, Durham DH7 8QY3
£110K01/210.34 mi45, Dorlonco Villas, Meadowfield, Durham DH7 8RZ3
£140K05/230.36 mi1, John Street South, Meadowfield, Durham, County Durham DH7 8RP3
£134.9K03/230.36 mi20, Grove Road, Brandon, Durham, County Durham DH7 8AW3
£80K02/210.38 mi4, Hemmel Court, Brandon, Durham DH7 8QS3
£76K10/200.38 mi5, Burnigill, Meadowfield, Durham, County Durham DH7 8SA3
£129.9K04/230.39 mi1, Deerness Heights, Brandon, Durham, County Durham DH7 8TQ3
£85K02/210.39 mi37, Deerness Heights, Brandon, Durham DH7 8TQ3
£90K10/210.43 mi107, Deerness Heights, Brandon, Durham, County Durham DH7 8TY3
£91K11/200.43 mi104, Deerness Heights, Brandon, Durham DH7 8TY3
£152.5K12/200.45 miWolf Cleugh, Lobley Hill, Meadowfield, Durham, County Durham DH7 8RQ3
£119.3K07/210.45 mi66, Deerness Heights, Brandon, Durham DH7 8TX3
£230K09/210.47 mi2, Dove Close, Brandon, Durham, County Durham DH7 8BN3
£260K02/210.47 mi8, Dove Close, Brandon, Durham DH7 8BN3
£98.5K03/210.5 mi63, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£134K10/210.5 mi41, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£92.5K03/210.5 mi75, Scripton Gill, Brandon, Durham, County Durham DH7 8BQ3
£72K11/200.52 mi25, Browney Lane, Browney, Durham, County Durham DH7 8HT3
£60K11/200.53 mi2, Middle Grove, Brandon, Durham, County Durham DH7 8TR3
£125K05/210.54 mi76, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£140K03/210.54 mi46, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£127K12/200.54 mi20, Scripton Gill, Brandon, Durham, County Durham DH7 8BH3
£168.9K11/200.56 mi6, Gardners Place, Langley Moor, Durham DH7 8XZ3

Local Rents

17 rents from £600/mo to £2K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£70011/240.07 mi-3
£67512/240.2 miCommercial Street, Durham, DH73
£72512/240.23 miChurch Square, Brandon, DH73
£70012/240.33 miJohn Street North, Durham, DH73
£69512/240.33 miMidhill Close, Brandon, Durham3
£1,62512/240.34 miJohn Street North, Meadowfield, Durham3
£65012/240.36 miDorlonco Villas, Meadowfield, Durham3
£75001/250.46 mi-3
£72512/240.65 miBeech Park, Brandon, Durham, Durham, DH73
£98003/250.67 mi-3
£1,00012/240.7 miCavendish Court, Brandon3
£60012/240.71 miCherry Park, Brandon, Durham, DH73
£2,00012/240.74 mi-3
£82512/240.85 mi-3
£1,85012/241.14 mi-3
£1,85001/251.14 mi-3
£1,99803/251.14 mi-3

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

2.67 miles away

Nearest school

0.20 miles away

Nearest train station

2.61 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £100,000

February 8, 2025

Floor Plans

Description

  • Semi-Detached Family Home +
  • Deceptively Spacious +
  • Generous Rear Garden +
  • Close to Schools +
  • G.C.H. & D.G. +

This deceptively spacious three-bedroom semi-detached family home has a generous south-easterly-facing rear garden and is close to local shops and schools.

Semi-detached family home situated close to local schools and shops. Benefitting from gas central heating via a combination boiler and being double glazed, the property briefly comprises an entrance hallway, a generous lounge open to the dining room, a fitted kitchen with an internal door to an outhouse which provides useful storage and potential for extension (subject to planning, etc). On the first floor, there are two double bedrooms, a third single bedroom, and a family bathroom with a white suite. There is a front garden with a dwarf wall boundary and gated access. The rear South-Easterly facing rear garden is enclosed with a fenced boundary and gated access to the side.

EPC Grade = TBC

Victoria Avenue lies close to a good range of everyday facilities, shops, and schools which are available within Brandon, as well as nearby Langley Moor and Meadowfield. Brandon lies just off the A(690) Highway which provides access to Durham City as well as the A(167) Highway which provides good road links to both North and South.

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 – A
Tenure – Freehold
PART B
Property Type – Semi-Detached
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: On Street

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 = 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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