2 Bed Semi-Detached House, Single Let, Durham, DH7 0PP, £220,000

36 Foxhills Crescent, Lanchester, Durham - 23 days ago

BTL

47 m²

+12 photos

ValuationOvervalued

Sold Prices	£78K - £325K
Sold Prices/m²	£907/m² - £2.8K/m²

Square Metres	47 m²
Price/m²	£4.7K/m²
Value Estimate	£86,373£86,373

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£55,000£55,000
Stamp Duty & Legal Fees	£12,200£12,200
Total Cash In	£67,200£67,200

Cash Out
Rent Range	£525 - £3,000£525 - £3,000
Rent Estimate	£653
Running Costs/mo	£838£838
Cashflow/mo	£-185£-185
Cashflow/yr	£-2,221£-2,221
Gross Yield	4%4%

Local Sold Prices

20 sold prices from £78K to £325K, average is £114K. £907/m² to £2.8K/m², average is £1.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£116K	11/22	0.24 mi	21, Humberhill Drive, Lanchester, Durham, County Durham DH7 0HH	-	-	2	Detached House
£160K	03/21	0.25 mi	4, Humberhill Drive, Lanchester, Durham, County Durham DH7 0HH	£2,807	57	2	Semi-Detached House
£160K	03/21	0.27 mi	13, Croft View, Lanchester, Durham DH7 0HY	£2,078	77	2	Terraced House
£135K	12/20	0.28 mi	1, Sycamore Place, Lanchester, Durham DH7 0HG	£2,337	58	2	Terraced House
£115K	10/20	0.29 mi	3, Prospect Terrace, Lanchester, Durham, County Durham DH7 0HF	£975	118	2	Terraced House
£95K	04/23	0.31 mi	8, Middlewood Road, Lanchester, Durham, County Durham DH7 0HL	-	-	2	Semi-Detached House
£113K	06/21	0.33 mi	12, The Garths, Lanchester, Durham DH7 0HR	-	-	2	Terraced House
£127K	03/23	0.36 mi	11, Victoria Terrace, Lanchester, Durham, County Durham DH7 0JB	£2,153	59	2	Terraced House
£172.5K	08/21	0.36 mi	28, Victoria Terrace, Lanchester, Durham DH7 0JB	£2,212	78	2	Terraced House
£325K	03/21	0.36 mi	The Bungalow, Victoria Terrace, Lanchester, Durham DH7 0JB	£2,390	136	2	Semi-Detached House
£147.3K	05/21	0.36 mi	7, Railway Street, Lanchester, Durham DH7 0SG	£1,938	76	2	Semi-Detached House
£88K	09/21	0.7 mi	80, Deneside, Lanchester, Durham, County Durham DH7 0LY	£1,375	64	2	Semi-Detached House
£95K	09/21	0.74 mi	25, Manor Grange, Lanchester, Durham, County Durham DH7 0LU	-	-	2	Semi-Detached House
£90K	02/23	0.74 mi	1, Manor Grange, Lanchester, Durham, County Durham DH7 0LU	-	-	2	Terraced House
£115K	03/21	1.46 mi	52, Lanchester Road, Maiden Law, Durham DH7 0QS	£1,643	70	2	Terraced House
£93K	03/23	1.63 mi	7, Mount Pleasant, Burnhope, Durham, County Durham DH7 0BB	-	-	2	Semi-Detached House
£78K	11/20	1.83 mi	10, Whitehouse Terrace, Burnhope, Durham, County Durham DH7 0AA	£907	86	2	Terraced House
£102.5K	06/23	1.85 mi	102, Meadowfield, Burnhope, Durham, County Durham DH7 0EL	£1,737	59	2	Semi-Detached House
£94K	01/21	1.88 mi	12, Meadowfield, Burnhope, Durham DH7 0EJ	£1,564	60	2	Semi-Detached House
£90K	12/20	2 mi	22, Vale View, Burnhope, Durham DH7 0EA	£1,385	65	2	Semi-Detached House

Local Rents

7 rents from £525/mo to £3K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,200	11/24	0.28 mi	-	3	Detached House
£950	11/24	0.34 mi	-	4	Bungalow
£1,100	11/24	0.55 mi	-	4	Bungalow
£525	11/23	0.74 mi	-	2	Semi-Detached House
£695	12/24	0.76 mi	Oakwood, Lanchester, Durham, DH7	2	Flat
£3,000	12/24	2.17 mi	Whitehall Lane, Iveston	6	Detached House
£2,100	12/24	2.24 mi	Iveston Lane, Iveston, Consett, Durham, DH8	6	Detached House

Local Area Statistics

Population in DH7	40,93140,931
Population in Durham	124,445124,445
Town centre distance	7.78 miles away7.78 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	7.33 miles away7.33 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 £220,000

March 20, 2025

Floor Plans

Description

Semi-detached bungalow +
New bathroom suite +
Private garden +
Spacious and bright +
Low maintenance requirement +

Charming 2-Bedroom Bungalow in Highly Sought-After Lanchester Village Welcome to this delightful two-bedroom bungalow, perfectly positioned in a highly desirable estate within the picturesque village of Lanchester. Offering a blend of comfort, convenience, and efficiency, this home is ideal for those looking to downsize, relocate, or find a peaceful retreat. Key Features: Move-in Ready – Quality carpets throughout and a brand-new bathroom

Spacious & Bright – High ceilings and a beautiful large window in the living room create a light, airy feel

Energy-Efficient – Double glazing and a well-insulated clay tiled roof ensure low energy costs

Warm & Cosy – Gas central heating plus an electric fire for instant warmth on chilly evenings

Well-Proportioned Bedrooms – Including a good-sized master bedroom with French doors overlooking the private rear garden

Outdoor Appeal – A well-maintained garden, driveway for off-street parking, and a single garage

Practical Additions – A handy front porch for muddy boots and an inviting, easy-to-maintain space Located in a friendly and welcoming neighbourhood, this bungalow offers the perfect balance of village charm and modern comfort. Priced fairly for a quick sale, this is a fantastic opportunity to secure a home in one of Lanchester’s most sought-after areas. Don’t miss out – book a viewing today!

EPC Rating: C

Agent Details

Nested, Nationwide

020 3838 0693

Next Steps?

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

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