3 Bed Semi-Detached House, Single Let, Durham, DH7 6RE, £100,000

Rose Lea, Durham, DH7 6RE - 1 views - a month ago

Sold STC
BTL
ROI: 4%
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£78K - £405K
Sold Prices/m²£929/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£120,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£450 - £3,200

Rent Estimate

£550

Running Costs/mo

£443

Cashflow/mo

£108

Cashflow/yr

£1,290

ROI

4%

Gross Yield

7%

Local Sold Prices

48 sold prices from £78K to £405K, average is £133K. £929/m² to £4.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£105K04/230.05 mi89, Rose Lea, Witton Gilbert, Durham, County Durham DH7 6RE3
£110K02/230.15 mi5, Fyndoune Way, Witton Gilbert, Durham, County Durham DH7 6RL3
£97.5K06/230.16 mi11, May Lea, Witton Gilbert, Durham, County Durham DH7 6RH3
£120K06/210.17 mi28, Hillside, Witton Gilbert, Durham, County Durham DH7 6RB3
£125K03/230.21 mi25, Woodside, Sacriston, Durham, County Durham DH7 6NA3
£93K08/210.25 mi112, Norburn Park, Witton Gilbert, Durham, County Durham DH7 6SG3
£105K02/210.27 mi60, Valley View, Sacriston, Durham DH7 6NX3
£87.5K07/230.32 mi27, Westwood View, Sacriston, Durham, County Durham DH7 6PA3
£161K05/230.39 mi8, Acorn Croft, Witton Gilbert, Durham, County Durham DH7 6SL3
£155K06/230.39 mi9, Acorn Croft, Witton Gilbert, Durham, County Durham DH7 6SL3
£190K02/210.41 mi96, Brookside, Witton Gilbert, Durham, County Durham DH7 6RU3
£145.5K11/200.41 mi2, Holmesland Villas, Sacriston, Durham DH7 6LT3
£172K02/230.43 mi4, Holmesland Villas, Sacriston, Durham, County Durham DH7 6LT3
£180K04/230.43 mi9, Holmesland Villas, Sacriston, Durham, County Durham DH7 6LT3
£90K03/230.46 mi21, Front Street, Sacriston, Durham, County Durham DH7 6JS3
£160K07/230.49 mi7, Eastwood, Sacriston, Durham, County Durham DH7 6UR3
£162.5K06/210.49 mi20, Coldingham Court, Sacriston, Durham DH7 6XG3
£158.5K05/210.49 mi6, Coldingham Court, Sacriston, Durham DH7 6XG3
£138K07/210.52 mi100, Holly Crescent, Sacriston, Durham, County Durham DH7 6PT3
£120K01/230.52 mi7, Wesley Close, Sacriston, Durham, County Durham DH7 6JG3
£405K06/230.53 mi4, Front Street, Witton Gilbert, Durham, County Durham DH7 6SR3
£118K05/210.55 mi3, Wesley Close, Sacriston, Durham DH7 6JG3
£133K02/210.55 mi12, St Cuthberts Drive, Sacriston, Durham DH7 6XE3
£160K06/210.55 mi10, St Cuthberts Drive, Sacriston, Durham DH7 6XE3
£95K11/200.56 mi24, Elliot Street, Sacriston, Durham, County Durham DH7 6JH3
£135K03/230.56 mi47, Plawsworth Road, Sacriston, Durham, County Durham DH7 6PD3
£114K11/200.56 mi6, Chapel Court, Witton Gilbert, Durham DH7 6UD3
£125K09/210.59 mi12, Newtown Villas, Sacriston, Durham DH7 6HX3
£138.5K04/210.63 mi25, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£105K02/210.63 mi56, Beechwood Close, Sacriston, Durham DH7 6QL3
£91K12/200.63 mi74, Beechwood Close, Sacriston, Durham DH7 6QL3
£132.5K03/210.63 mi23, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£122K03/210.63 mi10, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£165K03/230.63 mi27, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£133K04/230.64 mi29, Coniston Drive, Sacriston, Durham, County Durham DH7 6DF3
£168K01/230.64 mi68, Plawsworth Road, Sacriston, Durham, County Durham DH7 6PE3
£80K05/210.65 mi18, Coniston Drive, Sacriston, Durham, County Durham DH7 6DF3
£78K11/200.65 mi1, Derwent Close, Sacriston, Durham, County Durham DH7 6DQ3
£156K12/200.66 mi1, Park View, Witton Gilbert, Durham DH7 6TH3
£195K06/230.66 mi1, Park View, Witton Gilbert, Durham, County Durham DH7 6TH3
£85K11/200.71 mi5, Morningside, Sacriston, Durham DH7 6JB3
£100K10/200.71 mi27, Parkside, Sacriston, Durham, County Durham DH7 6JU3
£95K09/210.77 mi30, Lingey Close, Sacriston, Durham DH7 6AL3
£169.9K02/230.8 mi3, Dene Crescent, Sacriston, Durham, County Durham DH7 6PJ3
£145K09/210.85 mi37, Deneside, Sacriston, Durham, County Durham DH7 6DE3
£140K11/200.87 mi13, Ashford Drive, Sacriston, Durham, County Durham DH7 6BB3
£205K11/220.89 mi2, Edgewood Court, Sacriston, Durham, County Durham DH7 6XH3
£175K12/220.92 mi14, Fordham Drive, Sacriston, Durham, County Durham DH7 6XD3

Local Rents

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

RentDateDistanceAddressBeds 
£75012/240.15 miFyndoune Way, Witton Gilbert, Durham2
£57512/240.19 miDene Court, Witton Gilbert, Durham, DH72
£65012/240.28 miWestwood View, Sacriston, DH73
£80012/240.38 miLouisa Terrace, Witton Gilbert, Durham2
£57509/230.38 mi-3
£65008/240.38 mi-3
£1,30012/240.5 mi-4
£1,30012/240.52 miHolly Crescent, Sacriston, Durham, County Durham, DH74
£2,80012/240.55 miWellsprings Farm, Hartside, Durham, DH13
£80012/240.56 miWitton Gilbert , Durham3
£3,20004/250.6 mi-4
£55012/240.63 mi-2
£2,97002/250.65 mi-4
£52512/240.65 miElm Court, Sacriston, Durham, DH71
£60004/250.65 mi-3
£65002/250.66 mi-3
£65012/240.71 miCharlaw Close, Sacriston, County Durham, DH73
£60012/240.75 miUphill Drive, Sacriston, Durham, DH72
£2,60012/240.88 miThe Shepherds Hut, Hartside, DH11
£60003/250.9 mi-2
£1,65010/240.94 mi-4
£2,16712/241.51 miEureka Mews, Chester Le Street, DH22
£1,95012/241.51 miEureka Mews, DH21
£65012/241.64 mi-3
£57512/241.66 miLime Terrace, Langley Park, Durham, DH7 9SN2
£57512/241.67 miLarch Terrace, Langley Park, Durham, DH72
£2,30004/251.67 mi-4
£62012/231.68 mi-2
£75012/241.69 miPark Drive, Langley Park3
£60012/241.7 miElm Street, Langley Park, Durham, Durham, DH73
£65012/241.76 miFarrier Close, Pity Me2
£75012/241.77 miFarrier Close, Pity Me, Durham, DH12
£50012/241.77 miRailway Street, Langley Park, DH72
£55012/241.8 miQuebec Street, Langley Park, Durham3
£60003/251.81 mi-2
£67512/241.81 miDurham Street, Langley Park, Durham, County Durham, DH72
£62512/241.82 miIvy Terrace, Langley Park, Durham, DH73
£89501/251.86 mi-3
£1,79503/251.96 mi-2
£77512/241.99 miVictoria Court, Durham, DH13
£1,12712/242 mi-2
£1,70012/242 mi-3
£1,85001/252 mi-3
£2,10004/252 mi-3
£58512/242.01 miFront Street, Framwellgate Moor7
£80009/232.01 mi-3
£45004/252.02 mi-2
£74012/242.03 miMains Court, Framwellgate Moor2
£2,50003/252.06 mi-3
£2,50004/252.06 mi-3

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

3.43 miles away

Nearest school

0.30 miles away

Nearest train station

3.03 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £100,000

March 14, 2025

Floor Plans

Description

  • Three well-sized bedrooms +
  • Modern family bathroom +
  • Storage Room +
  • Driveway +
  • Rear Garden With Patio Area +
  • Spacious Living Area +

Situated in a sought-after residential area, this well-presented three-bedroom semi-detached home is perfect for families. The property features a modern bathroom, a bright and spacious living area, and a well-equipped kitchen. An additional storage room provides extra convenience, while the private driveway ensures ample parking. The rear garden with a patio area is ideal for outdoor dining and relaxation. Conveniently located close to schools, local amenities, and transport links, this home is a fantastic opportunity for those looking for comfort and practicality. Early viewing recommended!

Council Tax Band: A
EPC Rating: TBC

-----------------------------------------------------------------------------------------------------

You can secure this property with an optional reservation deposit of £2,500. This forms part of the property's total purchase price and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.

The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.

The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.

---------------------------------------------------------------------------------------------------

These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate. Speak to one of our property specialists about our reservation deposit scheme to find out more.

Agent Details

SmoothSale, Leeds

0117 463 2797

Next Steps?

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