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

Brackenhill Avenue, Shotton Colliery, Durham, County Durham, DH6 2QZ - 2 months ago

BTL
ROI: 13%
~68 m²
+6 photos

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
BMV2%

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.

PriceDateDistanceAddressBeds 
£36K04/210.1 mi20, Dene Terrace, Shotton Colliery, Durham, County Durham DH6 2QX2
£60K03/230.19 mi126, Victoria Street, Shotton Colliery, Durham, County Durham DH6 2QN2
£102K03/230.23 mi49, Hanover Crescent, Shotton Colliery, Durham, County Durham DH6 2NR2
£55K06/210.35 mi72, Victoria Street, Shotton Colliery, Durham DH6 2LE2
£30K06/210.36 mi13, Dunelm Place, Shotton Colliery, Durham DH6 2RF2
£30K06/210.36 mi13, Dunelm Place, Shotton Colliery, Durham DH6 2RF2
£67K10/210.37 mi23, Hamilton Court, Shotton Colliery, Durham, County Durham DH6 2NL2
£52.5K04/210.37 mi24, Hamilton Court, Shotton Colliery, Durham DH6 2NL2
£60K05/230.43 mi44, Ashbrooke Estate, Shotton Colliery, Durham, County Durham DH6 2LN2
£67K02/210.44 mi39, Hawthorne Terrace, Shotton Colliery, Durham DH6 2HG2
£53K02/210.49 mi11, Hazel Terrace, Shotton Colliery, Durham, County Durham DH6 2HJ2
£40K02/210.5 mi4, Keir Hardie Terrace, Shotton Colliery, Durham DH6 2PS2
£90K04/230.52 mi8, Salters Lane, Shotton Colliery, Durham, County Durham DH6 2PU2
£95K11/220.52 mi16, Salters Lane, Shotton Colliery, Durham, County Durham DH6 2PU2
£43K01/210.53 mi10, A J Cook Terrace, Shotton Colliery, Durham, County Durham DH6 2PR2
£60K02/230.56 mi21, Thornhill Road, Shotton Colliery, Durham, County Durham DH6 2HD2
£75K12/220.57 mi37, Dixon Estate, Shotton Colliery, Durham, County Durham DH6 2PX2
£81K07/210.62 mi10, Crossfield Crescent, Shotton Colliery, Durham, County Durham DH6 2HB2
£100K03/230.63 mi43, Salters Lane, Shotton Colliery, Durham, County Durham DH6 2HZ2
£188K08/210.67 mi1, Westgarth Grove, Shotton Colliery, Durham, County Durham DH6 2YB2
£120K12/220.75 mi11, Station Road, Shotton Colliery, Durham, County Durham DH6 2JL2
£61K02/210.88 mi25, Polden Close, Peterlee, County Durham SR8 2LQ2

Local Rents

48 rents from £495/mo to £895/mo, average is £638/mo.

RentDateDistanceAddressBeds 
£55012/240.1 miDene Terrace, Shotton Colliery, Durham, DH62
£55012/240.1 mi-2
£55002/250.1 mi-2
£70012/240.17 mi-3
£72512/230.18 mi-4
£72509/230.18 mi-4
£72512/230.18 mi-4
£72509/230.18 mi-4
£72509/230.18 mi-4
£70012/240.2 miBurns Terrace, Shotton Colliery3
£50012/240.22 miVictoria Street, Shotton Colliery, Durham, Durham, DH6 2QN3
£69512/240.22 miVictoria Street, Shotton Colliery, Durham, Durham, DH6 2QN3
£79502/250.39 mi-3
£53512/240.46 miWilliam Morris Terrace, Shotton Colliery, Durham2
£49512/240.51 mi-2
£49512/240.51 mi-2
£59512/240.57 miDixon Estate, Shotton2
£59509/240.88 miPolden Close, Peterlee3
£62509/240.93 miPentland Close, Peterlee, Durham, SR8 2LA3
£62509/240.93 miThe Village, Old Shotton, Peterlee, County Durham, SR81
£55001/250.96 mi-3
£57509/241.09 mi-3
£52509/241.12 miLancaster Hill, Peterlee, Durham, SR8 2EH2
£75009/241.26 miLinacre Court, Peterlee4
£89502/241.26 mi-3
£89507/241.26 mi-3
£89501/251.26 mi-3
£89512/241.26 mi-3
£89501/251.26 mi-3
£89502/251.26 mi-3
£59509/241.27 miChristchurch Place, Peterlee3
£80009/241.36 miNeville Road, Peterlee, Durham, SR8 2AG3
£55009/241.36 miNeville Road, Peterlee, Durham, SR8 2AG3
£65012/241.36 mi-3
£75006/241.37 mi-3
£60001/251.39 mi-3
£79503/241.4 mi-2
£75002/251.4 mi-2
£50012/241.41 mi-2
£65009/241.43 miBasingstoke Road, Peterlee, Durham, SR8 2AW3
£60009/241.43 miBasingstoke Road, Peterlee, Durham, SR8 2AW3
£65009/241.46 miBeverley Way, Peterlee, Durham, SR8 2AT3
£62509/241.47 miHelford Road, Peterlee, Durham, SR8 1EU3
£85010/241.49 miThe Firs, Wingate, County Durham, TS284
£60009/241.49 miBasingstoke Road, Peterlee, County Durham, SR83
£59503/251.51 mi-2
£55003/251.51 mi-2
£62510/241.51 mi-3

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

  • NO ONWARD CHAIN +
  • TWO DOUBLE BEDROOMS +
  • TWO RECEPTION ROOMS +
  • UPSTAIRS BATHROOM +
  • REAR YARD +

Situated in a desirable area of Shotton Colliery, this delightful two-bedroom mid-terraced house on Brackenhill Avenue offers an excellent opportunity for first-time buyers, small families, or investors looking for a property with no onward chain. Boasting a practical layout, bright living spaces, and a convenient location, this home is ready for its next owners to add their personal touch.

As you step through the entrance hall, you are greeted by a warm and inviting space, with stairs leading to the first-floor landing. The hallway flows seamlessly into the living room, a bright and airy space featuring a charming bay window that allows natural light to flood in. This cosy yet spacious room provides the perfect setting for relaxation or entertaining.

An open-plan layout connects the living room to the dining room, creating a sociable space ideal for family meals or hosting guests. The dining area benefits from a set of double doors leading directly into the kitchen, ensuring a seamless transition between cooking and dining.

The kitchen is well-appointed with a range of units and ample workspace, making meal preparation a breeze. UPVC doors open out to the rear yard, offering easy access to outdoor space for al fresco dining or simply enjoying fresh air.

Ascending to the first floor, the landing provides access to two generously sized bedrooms and the family bathroom.

The master bedroom is a spacious retreat, featuring a large window to the front elevation that fills the room with natural light. With plenty of space for storage and furnishings, this room is both practical and comfortable.

The second bedroom, overlooking the rear yard, is a versatile space that can function as a guest room, child's bedroom, or even a home office, catering to a variety of needs.

The bathroom is well-proportioned and fitted with essential fixtures, including a bath with overhead shower, washbasin, and WC.

The property benefits from a small front garden area, adding curb appeal and a welcoming entrance. To the rear, a low-maintenance yard offers a private outdoor space—ideal for enjoying a morning coffee, potted plants, or additional storage.

Additional Benefits -No onward chain, allowing for a smooth and hassle-free purchase. -Well-connected location with easy access to local amenities, schools, and transport links. -Ideal for first-time buyers, downsizers, or investors looking for a rental opportunity. -This charming mid-terraced home offers fantastic potential in a sought-after area. With its well-balanced living space, bright interiors, and excellent location, it's a must-see property!

 Arrange a viewing today to avoid missing out!

Agent Details

Dowen, Peterlee

0191 625 0203

Next Steps?

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