2 Bed Terraced House, Single Let, Durham, DH6 2QZ, £55,000





ValuationUndervalued
Sold Prices | £30K - £188K |
Sold Prices/m² | £441/m² - £1.6K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £808/m² |
Value Estimate | £61,122 |
BMV | 2% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £13,750 |
Stamp Duty & Legal Fees | £3,000 |
Total Cash In | £16,750 |
| |
Cash Out | |
Rent Range | £495 - £895 |
Rent Estimate | £497 |
Running Costs/mo | £291 |
Cashflow/mo | £206 |
Cashflow/yr | £2,469 |
ROI | 15% |
Gross Yield | 11% |
Local Sold Prices
22 sold prices from £30K to £188K, average is £60.5K. £441/m² to £1.6K/m², average is £897/m².
Local Rents
48 rents from £495/mo to £895/mo, average is £638/mo.
Local Area Statistics
Population in DH6 | 33,466 |
Population in Durham | 124,445 |
Town centre distance | 7.83 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 2.89 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 £55,000
March 20, 2025
Listed for £60,000
February 9, 2025
Floor Plans

Description
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