ValuationUndervalued

Sold Prices	£77K - £190K
Sold Prices/m²	£1.3K/m² - £3.2K/m²

Square Metres	~68.11 m²
Price/m²	£1.3K/m²
Value Estimate	£111,965£111,965
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£22,488£22,488
Stamp Duty & Legal Fees	£5,698£5,698
Total Cash In	£28,185£28,185

Cash Out
Rent Range	£425 - £1,000£425 - £1,000
Rent Estimate	£486
Running Costs/mo	£398£398
Cashflow/mo	£88£88
Cashflow/yr	£1,052£1,052
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

21 sold prices from £77K to £190K, average is £88K. £1.3K/m² to £3.2K/m², average is £1.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£86.3K	02/25	0.14 mi	43, Richmond Road, Durham DH1 5NS	£1,627	53	2	Flat
£86.3K	02/25	0.14 mi	43, Richmond Road, Durham DH1 5NS	-	-	2	Flat
£86K	08/22	0.26 mi	111, Carr House Drive, Durham, County Durham DH1 5XW	-	-	2	Flat
£104K	09/22	0.36 mi	19, Hutton Way, Durham, County Durham DH1 5BW	-	-	2	Flat
£80K	06/21	0.37 mi	10, Hamsterley Crescent, Durham DH1 5SS	£1,356	59	2	Flat
£110K	06/21	0.39 mi	18, Hutton Way, Durham, County Durham DH1 5BW	-	-	2	Flat
£130K	12/24	0.39 mi	83, Harvey Avenue, Durham DH1 5ZB	£2,955	44	2	Flat
£88K	03/25	0.4 mi	12, Staindrop Road, Durham DH1 5XS	£1,660	53	2	Flat
£88K	03/25	0.4 mi	12, Staindrop Road, Durham DH1 5XS	-	-	2	Flat
£137K	09/24	0.43 mi	139, Harvey Avenue, Durham DH1 5ZB	£2,635	52	2	Flat
£90K	05/25	0.44 mi	150, Canterbury Road, Durham DH1 5XT	£1,607	56	2	Flat
£90K	05/25	0.44 mi	150, Canterbury Road, Durham DH1 5XT	-	-	2	Flat
£87.5K	04/23	0.5 mi	42, Blanchland Avenue, Durham, County Durham DH1 5XP	£2,188	40	2	Flat
£87K	08/22	0.57 mi	76, Lindisfarne Road, Durham, County Durham DH1 5YQ	-	-	2	Flat
£110K	11/22	0.71 mi	23, Farrier Close, Pity Me, Durham, County Durham DH1 5XY	£1,864	59	2	Flat
£77K	06/21	0.71 mi	29, Farrier Close, Pity Me, Durham, County Durham DH1 5XY	£1,262	61	2	Flat
£97.5K	04/23	0.71 mi	10, Farrier Close, Pity Me, Durham, County Durham DH1 5XY	£1,320	74	2	Flat
£88K	03/25	0.72 mi	33, Farrier Close, Durham DH1 5XY	£1,517	58	2	Flat
£88K	03/25	0.72 mi	33, Farrier Close, Durham DH1 5XY	-	-	2	Flat
£99K	08/25	0.76 mi	9, Whitfield Court, Durham DH1 5BT	-	-	2	Flat
£190K	09/24	0.98 mi	8, Camsell Court, Durham DH1 5FQ	£3,220	59	2	Flat

Local Rents

42 rents from £425/mo to £1K/mo, average is £650/mo.

Rent	Date	Distance	Address	Beds	Type
£600	07/25	0.03 mi	Rothbury Road, Durham	2	Flat
£600	11/25	0.05 mi	Rothbury Road, Newton Hall, Durham, DH1	2	Flat
£495	08/25	0.06 mi	Middleham Road, Newton Hall, DH1	2	Flat
£625	10/25	0.07 mi	Middleham Road, Durham, Durham, DH1	2	Flat
£600	08/25	0.22 mi	Rochester Road, Newton Hall, Durham, County Durham, DH1	2	Flat
£650	10/25	0.22 mi	Rochester Road, Newton Hall, Durham, County Durham, DH1	2	Flat
£650	10/25	0.26 mi	Carr House Drive, Newton Hall, Durham, DH1	2	Flat
£600	08/25	0.26 mi	Carr House Drive, Newton Hall, Durham, DH1	2	Flat
£600	07/25	0.26 mi	Carr House Drive, Newton Hall, Durham, DH1	2	Flat
£950	08/25	0.26 mi	Worcester Road, Newton Hall, Durham, DH1	2	Bungalow
£495	07/25	0.27 mi	Carr House Drive, Newton Hall, Durham, DH1	2	Flat
£815	06/25	0.27 mi	Haven Court, Rosemount, Durham	2	Terraced House
£815	08/25	0.27 mi	Haven Court, Rosemount, Durham	2	Terraced House
£525	06/25	0.3 mi	Alnwick Road, Newton Hall, DH1	2	Flat
£525	08/25	0.3 mi	Alnwick Road, Newton Hall, Durham, County Durham, DH1	2	Flat
£525	09/25	0.3 mi	Alnwick Road, Newton Hall, Durham, DH1	2	Flat
£700	12/24	0.32 mi	Hylton Court, Durham, County Durham, DH1	2	Flat
£820	08/25	0.33 mi	Hylton Court - DH1	2	Bungalow
£800	10/25	0.33 mi	-	2	Flat
£950	07/25	0.33 mi	Chillingham Road, Durham, DH1	2	Flat
£495	08/25	0.34 mi	Chillingham Road, Newton Hall, Durham	2	Flat
£650	11/25	0.34 mi	Brancepeth Close, Newton Hall, Durham, DH1	2	Flat
£895	12/24	0.35 mi	York Crescent, Durham, DH1 5QR	2	Flat
£600	07/25	0.36 mi	Hamsterley Crescent, Newton Hall, Durham, DH1	2	Flat
£425	08/25	0.36 mi	Hamsterley Crescent, Durham, Durham, DH1	2	Flat
£600	10/25	0.36 mi	Hamsterley Crescent, Durham, DH1	2	Flat
£895	08/25	0.37 mi	Harvey Avenue, Framwellgate Moor, Durham, DH1	2	Flat
£555	06/25	0.37 mi	Harvey Avenue, Framwellgate Moor, Durham, DH15ZB	2	Flat
£1,000	11/25	0.38 mi	Hutton Way, Durham, DH1	2	Flat
£800	07/25	0.38 mi	Harvey Avenue, Framwellgate Moor, DH1 5ZB	2	House
£800	08/25	0.39 mi	Hutton Way, Framwellgate Moor, Durham, County Durham, DH1	2	Bungalow
£950	10/25	0.39 mi	Hutton Way, Framwellgate Moor, Durham, DH1	2	Semi-Detached House
£600	06/25	0.41 mi	Barrasford Road, Newton Hall, Durham, DH1 5NB	2	Flat
£600	08/25	0.43 mi	Barrasford Road, Newton Hall, Durham	2	Flat
£750	07/25	0.43 mi	Bek Road, Newton Hall, Durham	2	Room
£680	07/25	0.43 mi	Canterbury Road, DH1 5XT	2	Flat
£650	07/25	0.5 mi	Blanchland Avenue, Newton Hall, Durham	2	Flat
£775	08/25	0.53 mi	Blanchland Avenue, Durham, Tyne and Wear	2	Flat
£600	08/25	0.54 mi	-	2	Flat
£695	08/25	0.55 mi	Low Moor Cottages, Pity Me, Durham City, DH1	2	Terraced House
£790	08/25	0.55 mi	Bek Road, Newton Hall, Durham, County Durham, DH1	2	Semi-Detached House
£800	07/25	0.58 mi	Caterhouse Rd,Durham,DH1 5HP	2	Semi-Detached House

Local Area Statistics

Population in DH1	49,93849,938
Population in Durham	124,445124,445
Town centre distance	1.84 miles away1.84 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	1.62 miles away1.62 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-20%-20%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+17%+17%

Property History

Listed for £89,950

March 20, 2025

Sold for £83,000

2015

Floor Plans

Description

Two Bedroom +
Ground Floor Flat +
107 Years Left On Lease +
No Upper Chain +
EPC Rating C +
Private Rear Garden +
Garage +
Ideal For Investors or First Time Buyers +
Viewing Highly Recommended +

* NO UPPER CHAIN, IDEAL FOR A RANGE OF PURCHASERS, REAR GARDEN, GARAGE IN SEPARATE BLOCK, POPULAR LOCATION, VIEWINGS HIGHLY RECOMMENDED *

This two bedroom ground floor flat is located on Middleham Road in Newton Hall, Durham. The property is being sold with the benefit of no onward chain and has an extended lease of 107 years. The property comprises: an entrance porch, spacious living room, fitted kitchen, two bedrooms and a bathroom. To the rear is a garden mostly laid to lawn. There is a single garage located in a separate block. Viewings are highly recommended.