3 Bed Terraced House, Single Let, Durham, DH6 5BA, £72,500

Steavenson Street, Bowburn, Durham, DH6 5BA - 2 views - 2 months ago

BTL
ROI: 12%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£58K - £337.5K
Sold Prices/m²£592/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£780/m²

Value Estimate

£87,725
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,125

Stamp Duty & Legal Fees

£3,375

Total Cash In

£21,500

 

 

Cash Out

 

Rent Range

£525 - £2,364

Rent Estimate

£583

Running Costs/mo

£363

Cashflow/mo

£220

Cashflow/yr

£2,638

ROI

12%

Gross Yield

10%

Local Sold Prices

50 sold prices from £58K to £337.5K, average is £107.5K. £592/m² to £2.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£82.5K03/230 mi12, Steavenson Street, Bowburn, Durham, County Durham DH6 5BA3
£87K10/210.02 mi21, Steavenson Street, Bowburn, Durham DH6 5AZ3
£84K06/230.02 mi31, Steavenson Street, Bowburn, Durham, County Durham DH6 5AZ3
£58K02/210.02 mi45, Steavenson Street, Bowburn, Durham DH6 5AZ3
£67K05/210.04 mi12, Durham Road, Bowburn, Durham DH6 5AT3
£65K10/210.04 mi16, Durham Road, Bowburn, Durham DH6 5AT3
£60K06/210.04 mi30, Clarence Street, Bowburn, Durham DH6 5BB3
£80K11/200.11 mi15, Cambridge Terrace, Bowburn, Durham, County Durham DH6 5AY3
£127K11/200.15 mi48, Runcie Road, Bowburn, Durham DH6 5EY3
£145K03/210.15 mi6, Runcie Road, Bowburn, Durham, County Durham DH6 5EY3
£80K04/210.18 mi5, Lansdowne Crescent, Bowburn, Durham DH6 5BL3
£98K06/230.18 mi7, Lansdowne Crescent, Bowburn, Durham, County Durham DH6 5BL3
£87K12/200.2 mi5, Slater Place, Bowburn, Durham, County Durham DH6 5PH3
£95K10/200.2 mi6, Slater Place, Bowburn, Durham, County Durham DH6 5PH3
£142.5K09/210.22 mi5, Barrington Way, Bowburn, Durham DH6 5QD3
£178K05/210.25 mi30, Broadmeadows, Bowburn, Durham, County Durham DH6 5DA3
£136K04/210.25 mi20, Broadmeadows, Bowburn, Durham, County Durham DH6 5DA3
£85K07/210.31 mi5, Edward Avenue, Bowburn, Durham, County Durham DH6 5EB3
£110K04/230.31 mi7, Edward Avenue, Bowburn, Durham, County Durham DH6 5EB3
£75K10/200.31 mi4, St Johns Crescent, Bowburn, Durham, County Durham DH6 5AQ3
£97K03/230.34 mi17, William Street, Bowburn, Durham, County Durham DH6 5DY3
£71K04/210.36 mi5, Prince Charles Avenue, Bowburn, Durham, County Durham DH6 5DJ3
£121K11/200.37 mi55, Prince Charles Avenue, Bowburn, Durham, County Durham DH6 5DW3
£110K11/210.37 mi4, Mary Terrace, Bowburn, Durham, County Durham DH6 5DQ3
£60K10/210.37 mi9, Mary Terrace, Bowburn, Durham, County Durham DH6 5DQ3
£125K12/220.43 mi16, Margaret Court, Bowburn, Durham, County Durham DH6 5DX3
£337.5K06/210.46 mi2, Southlands, Coxhoe, Durham, County Durham DH6 4LQ3
£130.5K06/230.48 mi28, Griffiths Court, Bowburn, Durham, County Durham DH6 5FD3
£137K01/210.48 mi35, Griffiths Court, Bowburn, Durham DH6 5FD3
£132K11/200.48 mi4, Griffiths Court, Bowburn, Durham DH6 5FD3
£120K06/230.48 mi67, David Terrace, Bowburn, Durham, County Durham DH6 5EF3
£130K11/220.51 mi29, Millford Way, Bowburn, Durham, County Durham DH6 5DE3
£78K01/230.52 mi163, Park Avenue, Coxhoe, Durham, County Durham DH6 4JL3
£99K12/220.52 mi98, Park Avenue, Coxhoe, Durham, County Durham DH6 4JN3
£110K07/210.54 mi14, Mccormick Close, Bowburn, Durham, County Durham DH6 5BY3
£131.8K12/200.54 mi5, Leyland Close, Bowburn, Durham DH6 5DD3
£120K08/210.54 mi36, Park Avenue, Coxhoe, Durham, County Durham DH6 4JW3
£150K12/220.57 mi171, Park Avenue, Coxhoe, Durham, County Durham DH6 4JL3
£105K04/210.57 mi183, Park Avenue, Coxhoe, Durham, County Durham DH6 4JL3
£124.5K11/200.62 mi71, Bell Avenue, Bowburn, Durham, County Durham DH6 5PE3
£103.5K02/230.63 mi49, Henry Avenue, Bowburn, Durham, County Durham DH6 5EN3
£96K05/230.64 mi39, Park Avenue, Coxhoe, Durham, County Durham DH6 4JJ3
£140K10/210.67 mi56, Bell Avenue, Bowburn, Durham, County Durham DH6 5PJ3
£100K07/210.67 mi90, Bell Avenue, Bowburn, Durham, County Durham DH6 5PJ3
£245K10/210.68 mi5, Dallymore Drive, Bowburn, Durham, County Durham DH6 5ES3
£147K08/210.7 mi1, Marlene Avenue, Bowburn, Durham, County Durham DH6 5EW3
£145K01/230.71 mi24, Henry Avenue, Bowburn, Durham, County Durham DH6 5EL3
£157K01/230.72 mi3, Earls Way, Coxhoe, Durham, County Durham DH6 4BU3
£80K01/210.73 mi3, Hollyhock Terrace, Coxhoe, Durham, County Durham DH6 4JD3
£68K11/220.76 mi13, St Marys Terrace, Coxhoe, Durham, County Durham DH6 4JB3

Local Rents

16 rents from £525/mo to £2.4K/mo, average is £763/mo.

RentDateDistanceAddressBeds 
£65012/240 miSteavenson Street, Bowburn3
£65012/240.03 miDurham Road, Bowburn, Durham, Durham, DH63
£70012/240.18 mi-3
£90012/240.19 miTilery Close, Bowburn3
£87512/240.2 miLeamside Way, Bowburn3
£59512/240.26 mi-3
£65002/250.29 mi-3
£52511/240.29 mi-3
£1,50012/240.31 mi-3
£1,10011/240.31 mi-3
£1,50004/250.31 mi-3
£75012/240.36 miCharlton Court, Bowburn, DH63
£80012/240.37 miLawson Road, Bowburn3
£2,36404/250.56 mi-3
£77512/240.57 miCavell Drive, Bowburn, Durham, DH63
£56312/240.58 miGrange Way - DH63

Local Area Statistics

Population in DH6

33,466

Population in Durham

124,445

Town centre distance

3.52 miles away

Nearest school

0.40 miles away

Nearest train station

3.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+9%

Property History

Listed for £72,500

February 28, 2025

Description

Ideally placed for easy access to the A1, Amazon site and Durham City, this three bedroom terraced property would be a great investment property or first time buy.

Comprising in brief; Entrance vesitbule leading to hallway with stairs to the first floor and access into the dining room via standard door.
Access to the living room is currently via the dining room, but could be re-established from the hallway by installing a door.
The kitchen has wall and floor units in addition to integrated electric oven with ceramic hob and extractor hood above. The kitchen leads through the rear door out to the yard and bathroom, which has a white suite inc shower over bath.

To the first floor there are three bedrooms, all well apportioned, two double rooms and a further single room.

The property has UPVC Double glazing throughout and is heated by gas centrally.

Priced to generate interest, this property will likely be sold quickly, so please call to view without delay.

Agent Details

Bridgfords, Durham

0191 607 1402

Next Steps?

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