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2 Bed Flat, Single Let, Durham, DH7 8NU £70,000
St. Andrews Square, Lowland Road, Brandon, Durham, DH7 8NU - 7 views - 9 months ago
Leasehold
BTL
ROI: 9%
~68 m²

ValuationUndervalued
| Sold Prices | £37K - £78K |
| Sold Prices/m² | £650/m² - £1.4K/m² |
| |
Square Metres | ~68.11 m² |
| Price/m² | £1K/m² |
Value Estimate | £97,600 |
| BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £17,500 |
Stamp Duty & Legal Fees | £3,600 |
Total Cash In | £21,100 |
| |
Cash Out | |
Rent Range | £380 - £1,650 |
Rent Estimate | £563 |
Running Costs/mo | £351 |
Cashflow/mo | £212 |
Cashflow/yr | £2,540 |
ROI | 12% |
Gross Yield | 10% |
Local Sold Prices
20 sold prices from £37K to £78K, average is £68K. £650/m² to £1.4K/m², average is £1.3K/m².
Local Rents
43 rents from £380/mo to £1.6K/mo, average is £650/mo.
Local Area Statistics
Population in DH7 | 40,842 |
Population in Durham | 124,445 |
Town centre distance | 2.87 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 2.80 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -8% |
Sales demand | Balanced market |
Capital growth (5yrs) | +22% |
Property History
Price changed to £70,000
May 15, 2025
Listed for £80,000
February 11, 2025
Floor Plans
Description
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