2 Bed Semi-Detached House, Single Let, Durham, DH7 9LY, £82,500

Deerness Grove, Esh Winning, Durham, DH7 9LY - a month ago

BTL
ROI: 9%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£55K - £106K
Sold Prices/m²£655/m² - £2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£63,688

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,625

Stamp Duty & Legal Fees

£3,675

Total Cash In

£24,300

 

 

Cash Out

 

Rent Range

£500 - £3,000

Rent Estimate

£575

Running Costs/mo

£393

Cashflow/mo

£182

Cashflow/yr

£2,186

ROI

9%

Gross Yield

8%

Local Sold Prices

22 sold prices from £55K to £106K, average is £77.5K. £655/m² to £2K/m², average is £935/m².

PriceDateDistanceAddressBeds 
£84.5K07/230.01 mi2, Deerness Grove, Esh Winning, Durham, County Durham DH7 9LY2
£100K05/230.08 mi18, Cliffords Gate, Esh Winning, Durham, County Durham DH7 9LX2
£90K03/230.13 mi3, Castle View, Esh Winning, Durham, County Durham DH7 9LW2
£87.5K12/220.15 mi11, Castle View, Esh Winning, Durham, County Durham DH7 9LW2
£73K03/210.37 mi21, Dene Park, Esh Winning, Durham, County Durham DH7 9JE2
£70K05/230.6 mi13, Newhouse Road, Esh Winning, Durham, County Durham DH7 9JU2
£55K11/200.6 mi12, Newhouse Road, Esh Winning, Durham DH7 9JU2
£55K08/210.6 mi29, Newhouse Road, Esh Winning, Durham DH7 9JU2
£72.5K10/210.63 mi30, Durham Road, Esh Winning, Durham, County Durham DH7 9NP2
£72K03/210.64 mi18, Albert Terrace, Esh Winning, Durham, County Durham DH7 9PQ2
£89K06/230.66 mi2, The Bungalows, Esh Winning, Durham, County Durham DH7 9PD2
£72.5K09/210.66 mi16, The Bungalows, Esh Winning, Durham DH7 9PD2
£70K07/230.66 mi3, George Street, Esh Winning, Durham, County Durham DH7 9PF2
£90K12/220.69 mi27, South Terrace, Esh Winning, Durham, County Durham DH7 9PR2
£68K10/210.7 mi13, Burnell Road, Esh Winning, Durham DH7 9PB2
£61K05/230.7 mi8, Burnell Road, Esh Winning, Durham, County Durham DH7 9PB2
£80K02/230.71 mi18, Station View, Esh Winning, Durham, County Durham DH7 9HR2
£75K06/210.78 mi11, Front Street, Quebec, Durham DH7 9DF2
£82K07/230.78 mi47, South Terrace, Esh Winning, Durham, County Durham DH7 9PS2
£106K09/210.78 mi54, South Terrace, Esh Winning, Durham DH7 9PS2
£101K12/220.83 mi9, Church View, Quebec, Durham, County Durham DH7 9DQ2
£82K05/210.98 mi5, Commercial Street, Cornsay Colliery, Durham, County Durham DH7 9BN2

Local Rents

29 rents from £500/mo to £3K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£64503/250.14 mi-2
£80012/240.22 miKingfisher Close, Esh Winning, Durham, DH73
£59501/250.32 mi-3
£59512/240.32 mi-3
£70012/240.63 miDurham Road, Esh Winning3
£67512/240.63 mi-3
£60012/240.65 miWest View, Esh Winning, County Durham2
£2,24003/240.67 mi-2
£57512/240.73 miSouth Terrace, Esh Winning, Durham, Durham, DH7 9PS2
£1,25008/240.74 mi-4
£57512/240.78 miSouth Terrace, Esh Winning2
£3,00012/241.1 mi-4
£3,00001/251.1 mi-4
£3,00003/251.1 mi-4
£75012/241.23 miFront Street, Esh, Durham, DH72
£85002/251.54 mi-2
£1,20012/241.73 mi-1
£65002/252.21 mi-3
£62512/242.25 miIvy Terrace, Langley Park, Durham, DH73
£60003/252.25 mi-2
£55012/242.28 miQuebec Street, Langley Park, Durham3
£67512/242.28 miDurham Street, Langley Park, Durham, County Durham, DH72
£50012/242.32 miRailway Street, Langley Park, DH72
£60012/242.36 miElm Street, Langley Park, Durham, Durham, DH73
£75012/242.37 miPark Drive, Langley Park3
£62012/232.38 mi-2
£57512/242.39 miLarch Terrace, Langley Park, Durham, DH72
£57512/242.4 miLime Terrace, Langley Park, Durham, DH7 9SN2
£65012/242.43 mi-3

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

5.59 miles away

Nearest school

0.70 miles away

Nearest train station

5.29 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £82,500

February 13, 2025

Description

  • Two Double Bedroom +
  • No Chain +
  • Currently Tenanted +
  • Investment Opportunity +

Reeds Rains exclusively invite you to discover this two bedroom semi detached house for sale in Esh Winning. The property, which is currently tenanted, would be an ideal purchase for either investors or first time buyers alike. The ground floor briefly comprises a spacious lounge, and a modern kitchen. On the first floor there are two bedrooms and a family bathroom. Being sold with no onward chain, the property is a must see. Call on to arrange a viewing.

EPC Grade C
Council Tax Band A

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

DCI250038/2

Agent Details

Reeds Rains, Durham City

0191 625 0250

Next Steps?

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