2 Bed Semi-Detached House, Single Let, Durham, DH7 6SH, £129,950

Waterson Crescent, Witton Gilbert, Durham, DH7 6SH - 2 views - 2 months ago

BTL

~68 m²

+6 photos

ValuationOvervalued

Sold Prices	£52K - £175K
Sold Prices/m²	£589/m² - £3.2K/m²

Square Metres	~68.11 m²
Price/m²	£1.9K/m²
Value Estimate	£83,247£83,247

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£32,488£32,488
Stamp Duty & Legal Fees	£5,099£5,099
Total Cash In	£37,586£37,586

Cash Out
Rent Range	£450 - £3,200£450 - £3,200
Rent Estimate	£550
Running Costs/mo	£536£536
Cashflow/mo	£14£14
Cashflow/yr	£167£167
ROI	0%0%
Gross Yield	5%5%

Local Sold Prices

25 sold prices from £52K to £175K, average is £92K. £589/m² to £3.2K/m², average is £1.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£100K	07/23	0.12 mi	21, Oak Lea, Witton Gilbert, Durham, County Durham DH7 6RW	£1,415	71	2	Semi-Detached House
£105K	06/23	0.16 mi	1, May Lea, Witton Gilbert, Durham, County Durham DH7 6RH	-	-	2	Semi-Detached House
£92K	02/23	0.25 mi	20, Chester Gardens, Witton Gilbert, Durham, County Durham DH7 6QZ	-	-	2	Terraced House
£84.8K	03/21	0.29 mi	93, Norburn Park, Witton Gilbert, Durham DH7 6SG	£1,304	65	2	Terraced House
£95K	01/23	0.31 mi	94, Norburn Park, Witton Gilbert, Durham, County Durham DH7 6SG	£1,441	66	2	Terraced House
£175K	03/21	0.42 mi	17, Priory Court, Sacriston, Durham DH7 6LB	£2,612	67	2	Semi-Detached House
£120K	03/23	0.43 mi	20, Mafeking Terrace, Sacriston, Durham, County Durham DH7 6ND	£1,263	95	2	Terraced House
£92.5K	07/23	0.44 mi	6, North Terrace, Witton Gilbert, Durham, County Durham DH7 6TE	-	-	2	Terraced House
£115K	08/21	0.45 mi	4, Craigland Villas, Sacriston, Durham DH7 6LX	£1,474	78	2	Semi-Detached House
£69.5K	12/20	0.47 mi	26, Findon Hill, Sacriston, Durham DH7 6LR	£869	80	2	Terraced House
£73K	09/21	0.48 mi	7, Sowerby Street, Sacriston, Durham, County Durham DH7 6NQ	£589	124	2	Terraced House
£75K	03/23	0.51 mi	1, Fynway, Sacriston, Durham, County Durham DH7 6LP	£833	90	2	Semi-Detached House
£88K	06/23	0.53 mi	17, Charlaw Terrace, Sacriston, Durham, County Durham DH7 6NJ	£1,222	72	2	Terraced House
£110K	12/20	0.55 mi	96a, Holly Crescent, Sacriston, Durham, County Durham DH7 6PT	£1,172	94	2	Terraced House
£125K	01/23	0.55 mi	82, Holly Crescent, Sacriston, Durham, County Durham DH7 6PT	£1,582	79	2	Terraced House
£108K	08/23	0.59 mi	3, Meadow View, Sacriston, Durham, County Durham DH7 6HW	£1,662	65	2	Terraced House
£104K	09/21	0.64 mi	18, Ashwood Close, Sacriston, Durham, County Durham DH7 6QN	-	-	2	Terraced House
£109.5K	02/23	0.65 mi	53, Plawsworth Road, Sacriston, Durham, County Durham DH7 6PD	£1,244	88	2	Terraced House
£75K	02/21	0.68 mi	6, Elliott Street, Sacriston, Durham DH7 6JH	£862	87	2	Terraced House
£92K	06/21	0.71 mi	5, Beechwood Close, Sacriston, Durham DH7 6QL	£3,170	29	2	Terraced House
£69.5K	01/21	0.73 mi	25, Gregson Street, Sacriston, Durham, County Durham DH7 6HU	£952	73	2	Terraced House
£70K	05/21	0.76 mi	2, Rydal Close, Sacriston, Durham DH7 6DG	£814	86	2	Semi-Detached House
£52K	03/21	0.78 mi	5, Witton Avenue, Sacriston, Durham DH7 6HZ	£732	71	2	Terraced House
£57K	11/20	0.86 mi	2, Davison Terrace, Sacriston, Durham, County Durham DH7 6AE	£814	70	2	Terraced House
£60K	07/23	0.86 mi	17, Davison Terrace, Sacriston, Durham, County Durham DH7 6AE	£769	78	2	Terraced House

Local Rents

50 rents from £450/mo to £3.2K/mo, average is £745/mo.

Rent	Date	Distance	Address	Beds	Type
£575	12/24	0.03 mi	Dene Court, Witton Gilbert, Durham, DH7	2	Detached House
£750	12/24	0.04 mi	Fyndoune Way, Witton Gilbert, Durham	2	Flat
£800	12/24	0.29 mi	Louisa Terrace, Witton Gilbert, Durham	2	Terraced House
£2,800	12/24	0.39 mi	Wellsprings Farm, Hartside, Durham, DH1	3	Flat
£650	12/24	0.45 mi	Westwood View, Sacriston, DH7	3	Terraced House
£800	12/24	0.5 mi	Witton Gilbert , Durham	3	Terraced House
£575	09/23	0.5 mi	-	3	Terraced House
£650	08/24	0.5 mi	-	3	Terraced House
£1,300	12/24	0.56 mi	Holly Crescent, Sacriston, Durham, County Durham, DH7	4	Terraced House
£1,300	12/24	0.57 mi	-	4	Detached House
£2,600	12/24	0.72 mi	The Shepherds Hut, Hartside, DH1	1	Flat
£600	04/25	0.73 mi	-	3	Terraced House
£3,200	03/25	0.75 mi	-	4	Terraced House
£550	12/24	0.75 mi	-	2	Terraced House
£525	12/24	0.78 mi	Elm Court, Sacriston, Durham, DH7	1	Flat
£600	12/24	0.81 mi	Uphill Drive, Sacriston, Durham, DH7	2	Detached House
£2,970	02/25	0.81 mi	-	4	Semi-Detached House
£650	02/25	0.83 mi	-	3	Semi-Detached House
£650	12/24	0.88 mi	Charlaw Close, Sacriston, County Durham, DH7	3	Detached House
£600	03/25	1.06 mi	-	2	Terraced House
£1,650	10/24	1.07 mi	-	4	Detached House
£2,167	12/24	1.51 mi	Eureka Mews, Chester Le Street, DH2	2	Flat
£1,950	12/24	1.51 mi	Eureka Mews, DH2	1	Flat
£650	12/24	1.63 mi	Farrier Close, Pity Me	2	Flat
£750	12/24	1.64 mi	Farrier Close, Pity Me, Durham, DH1	2	Terraced House
£650	12/24	1.65 mi	-	3	Terraced House
£620	12/23	1.66 mi	-	2	Terraced House
£575	12/24	1.66 mi	Lime Terrace, Langley Park, Durham, DH7 9SN	2	Terraced House
£575	12/24	1.67 mi	Larch Terrace, Langley Park, Durham, DH7	2	Terraced House
£750	12/24	1.69 mi	Park Drive, Langley Park	3	Flat
£600	12/24	1.71 mi	Elm Street, Langley Park, Durham, Durham, DH7	3	Flat
£895	01/25	1.71 mi	-	3	Terraced House
£1,795	03/25	1.79 mi	-	2	Terraced House
£500	12/24	1.79 mi	Railway Street, Langley Park, DH7	2	Terraced House
£550	12/24	1.81 mi	Quebec Street, Langley Park, Durham	3	Flat
£600	03/25	1.81 mi	-	2	Terraced House
£775	12/24	1.82 mi	Victoria Court, Durham, DH1	3	Detached House
£625	12/24	1.83 mi	Ivy Terrace, Langley Park, Durham, DH7	3	Terraced House
£1,127	12/24	1.83 mi	-	2	Terraced House
£675	12/24	1.83 mi	Durham Street, Langley Park, Durham, County Durham, DH7	2	Terraced House
£585	12/24	1.84 mi	Front Street, Framwellgate Moor	7	Terraced House
£800	09/23	1.84 mi	-	3	Terraced House
£740	12/24	1.85 mi	Mains Court, Framwellgate Moor	2	Flat
£1,700	12/24	1.86 mi	-	3	Terraced House
£1,850	01/25	1.86 mi	-	3	Terraced House
£2,100	04/25	1.86 mi	-	3	Terraced House
£450	04/25	1.86 mi	-	2	Terraced House
£2,500	03/25	1.89 mi	-	3	Terraced House
£2,500	03/25	1.89 mi	-	3	Terraced House
£2,500	12/24	1.9 mi	-	3	Semi-Detached House

Local Area Statistics

Population in DH7	40,93140,931
Population in Durham	124,445124,445
Town centre distance	3.25 miles away3.25 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	2.85 miles away2.85 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+35%+35%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £129,950

February 19, 2025

Floor Plans

Description

WELL PRESENTED +
CONVENIENT LOCATION +
MUST VIEW +

We are pleased to offer for sale this well presented and improved two bedroomed semi detached property with gas fired central heating and double glazing.
The property has accommodation which briefly comprises to the ground floor: Entrance porch, living/dining room with stairs to the first floor and kitchen. To the first floor there are two bedrooms and a family bathroom. Externally there are gardens to the front and rear of the property. There is also a driveway to the side providing off street parking.
Waterson Crescent is a small development by Haslam Homes and is situated within a few minutes walk of local neighbourhood shops. A more comprehensive range of shopping and recreational facilities and amenities are available within Durham City Centre which is approximately 3 miles distant. It is also well placed for commuting purposes as it is just off the A(691) Durham to Consett Highway which offers access to the A(167) providing good road links to both North and South.

Agent Details

Ben Charles, Durham

0191 625 0846

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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