2 Bed Terraced House, Single Let, Durham, DH6 5AT, £85,000

Durham Road, Bowburn, Durham, DH6 5AT - 2 months ago

BTL

ROI: 7%

~68 m²

+4 photos

ValuationOvervalued

Sold Prices	£48.5K - £123.5K
Sold Prices/m²	£538/m² - £1.8K/m²

Square Metres	~68.11 m²
Price/m²	£1.2K/m²
Value Estimate	£68,984£68,984

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£21,250£21,250
Stamp Duty & Legal Fees	£5,450£5,450
Total Cash In	£26,700£26,700

Cash Out
Rent Range	£450 - £3,250£450 - £3,250
Rent Estimate	£550
Running Costs/mo	£396£396
Cashflow/mo	£154£154
Cashflow/yr	£1,853£1,853
ROI	7%7%
Gross Yield	8%8%

Local Sold Prices

23 sold prices from £48.5K to £123.5K, average is £79K. £538/m² to £1.8K/m², average is £1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£56K	02/21	0.01 mi	27, Durham Road, Bowburn, Durham, County Durham DH6 5AT	£538	104	2	Terraced House
£58K	03/21	0.08 mi	34, Wylam Street, Bowburn, Durham, County Durham DH6 5BD	-	-	2	Terraced House
£62K	01/21	0.08 mi	7, Wylam Street, Bowburn, Durham, County Durham DH6 5BD	£803	77	2	Terraced House
£80K	04/23	0.21 mi	24, Burn Street, Bowburn, Durham, County Durham DH6 5AN	£1,026	78	2	Terraced House
£100K	12/22	0.21 mi	5, Burn Street, Bowburn, Durham, County Durham DH6 5AN	£1,075	93	2	Terraced House
£80K	11/22	0.25 mi	17, Grange Park Crescent, Bowburn, Durham, County Durham DH6 5BW	-	-	2	Terraced House
£76K	11/20	0.25 mi	15, Grange Park Crescent, Bowburn, Durham DH6 5BW	£1,000	76	2	Terraced House
£114K	05/23	0.25 mi	10, Grange Park Crescent, Bowburn, Durham, County Durham DH6 5BW	-	-	2	Terraced House
£90K	05/23	0.25 mi	9, Grange Park Crescent, Bowburn, Durham, County Durham DH6 5BW	-	-	2	Terraced House
£84K	02/21	0.26 mi	53, Surtees Avenue, Bowburn, Durham, County Durham DH6 5DZ	£1,233	68	2	Semi-Detached House
£79K	07/23	0.26 mi	51, Surtees Avenue, Bowburn, Durham, County Durham DH6 5DZ	-	-	2	Semi-Detached House
£55K	10/20	0.34 mi	16, Edward Avenue, Bowburn, Durham, County Durham DH6 5EB	£797	69	2	Semi-Detached House
£56K	03/21	0.35 mi	13, William Street, Bowburn, Durham, County Durham DH6 5DY	-	-	2	Semi-Detached House
£70K	05/21	0.35 mi	19, William Street, Bowburn, Durham, County Durham DH6 5DY	-	-	2	Semi-Detached House
£105K	11/20	0.39 mi	77, Lawson Road, Bowburn, Durham DH6 5ED	£1,750	60	2	Semi-Detached House
£123.5K	06/23	0.39 mi	66, Lawson Road, Bowburn, Durham, County Durham DH6 5ED	-	-	2	Semi-Detached House
£48.5K	11/20	0.49 mi	15, Mary Terrace, Bowburn, Durham DH6 5DH	£674	72	2	Semi-Detached House
£100K	05/23	0.56 mi	58, Park Avenue, Coxhoe, Durham, County Durham DH6 4JN	-	-	2	Semi-Detached House
£105.5K	11/20	0.59 mi	26, Grange Way, Bowburn, Durham, County Durham DH6 5PN	£1,344	78	2	Terraced House
£76K	12/22	0.65 mi	73, Park Avenue, Coxhoe, Durham, County Durham DH6 4JJ	-	-	2	Semi-Detached House
£75K	07/23	0.65 mi	43, Park Avenue, Coxhoe, Durham, County Durham DH6 4JJ	-	-	2	Semi-Detached House
£95K	01/23	0.67 mi	91, Park Avenue, Coxhoe, Durham, County Durham DH6 4JJ	£1,377	69	2	Semi-Detached House
£59K	11/20	0.69 mi	4, Parkhill Estate, Coxhoe, Durham, County Durham DH6 4JH	£855	69	2	Semi-Detached House

Local Rents

50 rents from £450/mo to £3.3K/mo, average is £750/mo.

Rent	Date	Distance	Address	Beds	Type
£650	12/24	0 mi	Durham Road, Bowburn, Durham, Durham, DH6	3	Terraced House
£650	12/24	0.03 mi	Steavenson Street, Bowburn	3	Terraced House
£550	12/24	0.08 mi	Wylam Street, Bowburn, Durham	2	Terraced House
£900	12/24	0.17 mi	Tilery Close, Bowburn	3	Flat
£700	12/24	0.18 mi	-	3	Terraced House
£875	12/24	0.19 mi	Leamside Way, Bowburn	3	Detached House
£650	12/24	0.21 mi	Burn Street, Bowburn, County Durham	2	Terraced House
£595	12/24	0.26 mi	-	3	Terraced House
£650	03/25	0.29 mi	-	3	Semi-Detached House
£525	11/24	0.29 mi	-	3	Terraced House
£1,500	12/24	0.31 mi	-	3	Terraced House
£1,100	11/24	0.31 mi	-	3	Terraced House
£750	12/24	0.38 mi	Charlton Court, Bowburn, DH6	3	Detached House
£800	12/24	0.39 mi	Lawson Road, Bowburn	3	Flat
£650	12/24	0.48 mi	Griffiths Court, Bowburn, Durham, DH6	2	Terraced House
£730	12/24	0.48 mi	Oakfield Crescent, Bowburn, Durham	2	Flat
£2,364	04/25	0.57 mi	-	3	Semi-Detached House
£563	12/24	0.58 mi	Grange Way - DH6	3	Flat
£775	12/24	0.58 mi	Cavell Drive, Bowburn, Durham, DH6	3	Detached House
£750	12/24	0.66 mi	Bell Avenue, Bowburn, Durham, DH6	3	Flat
£2,200	04/25	0.69 mi	-	4	Semi-Detached House
£795	12/24	0.77 mi	21 Henry Avenue, Bowburn, Durham	3	Detached House
£800	11/24	0.81 mi	-	4	Terraced House
£1,000	12/24	1.11 mi	Hett, Durham, DH6	2	Flat
£695	12/24	1.16 mi	Sandgate, Coxhoe, Durham	2	Terraced House
£620	12/24	1.18 mi	Commercial Road West, Coxhoe, Durham	1	Studio Flat
£625	11/24	1.27 mi	-	2	Terraced House
£850	12/24	1.45 mi	Browning Hill, Coxhoe, Durham, DH6	3	Detached House
£750	12/24	1.5 mi	Avenue Street, High Shincliffe, Durham	2	Terraced House
£750	10/24	1.58 mi	-	3	Terraced House
£800	10/24	1.58 mi	-	3	Terraced House
£750	03/25	1.58 mi	-	3	Terraced House
£480	11/24	1.58 mi	-	1	Flat
£700	12/24	1.62 mi	The Avenue, Coxhoe, Durham, Durham, DH6	2	Detached House
£650	12/24	1.65 mi	Grange Way, Bowburn, Durham, DH6	2	Terraced House
£800	12/24	1.66 mi	Hadleigh Court, Coxhoe	2	Detached House
£1,000	12/24	1.69 mi	East Street, Hett, Durham, DH6	3	Detached House
£800	12/24	1.94 mi	Majolica Mews, DH6	4	Detached House
£1,750	12/24	1.98 mi	Blue Barn, Old Cassop, Durham	5	Flat
£3,150	04/24	2.01 mi	-	5	Terraced House
£3,250	05/24	2.01 mi	-	5	Terraced House
£3,050	02/25	2.01 mi	-	5	Terraced House
£595	04/24	2.05 mi	-	3	Semi-Detached House
£750	02/24	2.09 mi	-	3	Semi-Detached House
£750	04/25	2.09 mi	-	3	Semi-Detached House
£600	12/24	2.11 mi	Glebe Villas, West Cornforth, Ferryhill, Durham, DL17	3	Semi-Detached House
£450	04/24	2.12 mi	-	2	Terraced House
£585	07/24	2.12 mi	-	2	Semi-Detached House
£550	04/24	2.13 mi	Glebe Villas, West Cornforth, Ferryhill, Durham, DL17	2	Bungalow
£550	04/24	2.15 mi	Windsor Terrace, West Cornforth,	2	Flat

Local Area Statistics

Population in DH6	33,46633,466
Population in Durham	124,445124,445
Town centre distance	3.52 miles away3.52 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	3.92 miles away3.92 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+11%+11%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+9%+9%

Property History

Listed for £85,000

February 20, 2025

Description

TWO DOUBLE BEDROOMS +
TWO MODERN BATHROOMS +
OFF STREET PARKING +
POPULAR BOWBURN LOCATION +
CLOSE TO A1(M) AND DURHAM CITY +
EPC RATING - C +

This beautifully presented and recently refurbished two bedroom traditional terrace home is superbly positioned in the heart of Bowburn village with excellent access to Durham City centre and the A1(M). The spacious property is well presented throughout and has a floorplan comprising: Entrance porch, living room, dining room, kitchen and downstairs shower room. To the first floor there is a landing leading to the two double bedrooms and a family bathroom.
The prominently positioned home has a private yard to the rear which can provide off street parking.
Located close to the local amenities on offer in the village, the house is perfectly situated for commuters thanks to the fantastic transport links and public transport into Durham City Centre and the A1(M). The property should prove extremely popular to the rental market therefore early viewings are highly recommended.

Agent Details

Dowen, Durham

0191 625 0118

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

3 Bed House, Single Let, Durham, DH6 5AU

£109,950

5 views • 9 months ago • 93 m²

3 Bed House, Single Let, Durham, DH6 5BA

£72,500

2 views • 2 months ago • 93 m²

Sold STC

3 Bed House, Single Let, Durham, DH6 5AT

£75,000

1 views • 8 months ago • 103 m²

Auction

3 Bed House, Single Let, Durham, DH6 5AZ