5 Bed HMO, Durham, DH1 5BG, £195,000

Newton Drive, Durham, County Durham, DH1 5BG - 35 views - 16 days ago

HMO
ROI: 29%
~178 m²
+8 photos

ValuationUndervalued

Sold Prices£190K - £715K
Sold Prices/m²£1.2K/m² - £4.5K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.1K/m²

Value Estimate

£243,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£10,950

Total Cash In

£59,700

 

 

Cash Out

 

Room Rate

£650

Gross Rent

£3,250

Running Costs/mo

£1,830

Cashflow/mo

£1,420

Cashflow/yr

£17,036

ROI

29%

Gross Yield

20%

Local Sold Prices

33 sold prices from £190K to £715K, average is £395K. £1.2K/m² to £4.5K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£190K06/210.21 mi14, South Terrace, Durham, County Durham DH1 5EN5
£329.9K12/200.45 mi66, Harvey Avenue, Framwellgate Moor, Durham, County Durham DH1 5ZG5
£340K12/200.59 mi11, Paxton Mews, Pity Me, Durham DH1 5BS5
£350K06/210.59 mi9, Paxton Mews, Durham DH1 5BS5
£555K09/210.77 mi12, North End, Durham, County Durham DH1 4NJ5
£500K07/230.82 mi19, Springwell Road, Durham, County Durham DH1 4LR5
£455K05/210.86 miSpringwell Hollow, Whitesmocks, Durham DH1 4LJ5
£280K05/230.87 mi86, Rothbury Road, Newton Hall, Durham, County Durham DH1 5QB5
£500K02/230.88 mi23, Springwell Road, Durham, County Durham DH1 4LR5
£695K06/230.9 miWellsprings, 4, Springfield Park, Durham, County Durham DH1 4LS5
£490K11/200.9 miFernlea, Springfield Park, Durham, County Durham DH1 4LS5
£575K12/200.91 mi25, Rosemount, Durham, County Durham DH1 5GA5
£300K02/211.21 mi41, Wearside Drive, Durham, County Durham DH1 1LE5
£370K08/211.24 mi6, Ferens Close, Durham, County Durham DH1 1JX5
£465K03/211.25 mi22, Ferens Park, Durham DH1 1NU5
£305K12/201.35 mi34, Orchard Drive, Durham DH1 1LA5
£350K06/211.35 mi15, Surtees Drive, Durham DH1 4AR5
£450K02/211.39 mi210, Gilesgate, Durham, County Durham DH1 1QN5
£595K01/231.51 miAlbert House, The Avenue, Durham, County Durham DH1 4EB5
£405K03/231.52 mi46, The Sidings, Durham, County Durham DH1 1HS5
£395K10/201.56 mi20, St Johns Road, Durham, County Durham DH1 4NU5
£255K10/201.6 mi58, Pilgrims Way, Durham, County Durham DH1 1HQ5
£395K03/211.66 mi11, Hornbeam Close, Durham, County Durham DH1 1EN5
£715K06/211.7 mi8, Church Street, Durham, County Durham DH1 3DG5
£590K11/201.71 mi62, Archery Rise, Durham, County Durham DH1 4LA5
£550K10/221.71 mi50, Archery Rise, Durham, County Durham DH1 4LA5
£377K04/211.78 mi64, Kirkwood Drive, Durham DH1 4FF5
£319K08/231.78 mi49, Kirkwood Drive, Durham, County Durham DH1 4FF5
£260K08/231.8 mi32, Rowan Tree Avenue, Durham, County Durham DH1 1DU5
£215K10/211.81 mi23, Rowan Tree Avenue, Durham DH1 1DX5
£380K04/211.87 mi33, Dalton Crescent, Durham DH1 4FB5
£400K10/211.91 mi10, Quarryheads Lane, Durham, County Durham DH1 3DY5
£256K07/211.92 mi90, Moor Crescent, Durham, County Durham DH1 1DJ5

Local Area Statistics

Population in DH1

49,938

Population in Durham

124,445

Town centre distance

1.44 miles away

Nearest school

0.10 miles away

Nearest train station

1.11 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £195,000

March 25, 2025

Floor Plans

Description

  • 5 Bed Semi Detached Property +
  • Popular Location +
  • Driveway and Rear Garden +
  • Spacious Floorplan +
  • Chain Free +

Nicholas Humphreys are proud to bring to market this 5 bed detached property located in the pleasant setting of Framwellgate Moor. The property boasts an extensive floorplan offering spacing living accommodation throughout. Complete with gas central heating and double glazing throughout.

This charming 5-bedroom property presents an exciting opportunity for a prospective buyer to transform the property into their ideal home. There is endless potential for any intending purchaser to truly put their stamp on the property, whether that be altering the existing floorplan to their liking or refurbishing the home to their desirable specification. This home is the perfect foundation for any purchaser looking to create their dream living space.

This substantial property has a floorplan briefly comprising an entrance porch, two ground floor double bedrooms, kitchen and living room. To the first floor are three further double bedrooms and two communal bathrooms.

The property is currently operating as a 5 bed HMO and is tenanted until the start of July 2025 with vacant possession available once this date has lapsed.

The house is ideally located in a peaceful estate, offering a serene setting in Framwellgate Moor, one of the most desirable areas in Durham City. The city centre is about a mile to the northeast, accessible via scenic woodland paths and cobbled streets that wind through the World Heritage sites of the Castle and Cathedral. The location offers exceptional connectivity, with the A167 nearby, providing direct routes to Chester-le-Street, Darlington, and easy access to the A1 for traveling north and south destination. The railway link also ensures quick connections to London's King's Cross, Birmingham New Street, Edinburgh Waverley, and beyond. Local pubs, restaurants, schools of all levels, and health and leisure facilities are all within close reach.

Externally the property enjoys a double driveway and a rear patioed garden accessible via a patio door in the living room and a side access gate.

Entrance Porch / Lobby
Following entry into the home, the porch and lobby comprises of vinyl and wooden flooring, side facing double glazed window, wall mounted radiator, wall mounted coat hooks and a wall mounted house alarm system.

Bedroom One 9.15sq m
This bedroom is located to the front of the property and is present with carpets to floors throughout, front facing double glazed window, wall mounted radiator and an integrated storage cupboard.

Bedroom Two 11.86sq m
Positioned to the rear of the home, this bedroom comprises a rear facing double glazed window looking out to rear garden, wall mounted radiator, integrated storage cupboard with carpets to floors throughout.

Kitchen 11.40sq m
This kitchen boasts laminated worktops, wall and base units, integrated electric hob, integrated oven and grill, and a double bowl sink with integrate drainer. Present also a chimney hood extractor fan, plumbing access for a washing machine and dishwasher, boiler cupboard, wall mounted radiator, with tiles to walls above worktops and to floors throughout.

Living Room 17.24sq m
Leading on from the kitchen area is the spacious living area with wooden flooring throughout, side facing double glazed window, wall mounted radiator and a patio door providing access to the garden.

Bathroom
This bathroom is positioned on the first floor at the rear of the property and is present with a three-piece suite; w/c, pedestal wash hand basin, quadrant shower cubicle with shower head and hose attachment, integrated storage cupboard, wall mounted radiator, frosted double glazed window, with tiles to walls and floors.

Bedroom Three 9.87 sq m
Located at the rear of the property to the first floor this bedroom comprises carpets to floors throughout, wall mounted radiator, rear facing double glazed window and an integrated storage cupboard.

Bathroom
This bathroom comprises a quadrant shower cubicle with shower head and hose attachment, w/c, pedestal wash hand basin, wall mounted shelving, wall mounted mirror, tiles to walls and vinyl to floor throughout.

Bedroom Four 7.80sq m
This double bedroom is positioned at the front of the home to the first floor and is present with an integrated storage cupboard, front facing double glazed window, wall mounted radiator and wooden flooring throughout.

Bedroom Five 6.33sq m
Located on the first floor to the front of the property, this double bedroom is made up of an integrated wardrobe, wall mounted radiator, front facing double glazed window with carpets to floors throughout.

We strongly recommend a viewing to appreciate the full scope of the floorplan.

Council Tax Band - A
EPC Rating - C

Services - Mains water and electricity are available to the property but none of these, nor any of the appliances attached thereto, have been tested by Nicholas Humphreys, who gives no warranties as to their condition or working order. Telephone subject to suppliers regulations.

Free Valuations - If you have a property to sell please contact us to arrange your free valuation.

Local Authority - Durham County Council, Durham, County Durham, DH1 4SG

Fixtures, Fittings & Appliances - The mention of any fixtures, fittings and/or appliances does not imply they are in full efficient working order.

Internal Photographs - Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.

Measurements - Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.

Money Laundering - Where an offer is successfully put forward we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving license and a recent utility bill to prove residence. This evidence will be required prior to solicitors being instructed.

General Note - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on these Particulars of Sale as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this agent's employment has the authority to make or give any representation or warranty in respect of the property.

Hours Of Business - Our office is open Monday to Friday 9am till 5pm. Saturday 10am till 2pm.

Agent Details

Nicholas Humphreys, Durham

0191 625 0946

Next Steps?

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