4 Bed HMO, Durham, DH1 5EG, £159,950

Newcastle Terrace, Durham, DH1 5EG - 7 views - 14 days ago

Sold STC
HMO
ROI: 27%
~129 m²
+7 photos

ValuationUndervalued

Sold Prices£118.5K - £850K
Sold Prices/m²£1.1K/m² - £4.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.2K/m²

Value Estimate

£196,739
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,988

Stamp Duty & Legal Fees

£9,198

Total Cash In

£49,185

 

 

Cash Out

 

Room Rate

£650

Gross Rent

£2,600

Running Costs/mo

£1,482

Cashflow/mo

£1,118

Cashflow/yr

£13,418

ROI

27%

Gross Yield

20%

Local Sold Prices

30 sold prices from £118.5K to £850K, average is £305K. £1.1K/m² to £4.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£340K12/220.24 mi22, Bridgemere Drive, Framwellgate Moor, Durham, County Durham DH1 5FG4
£240K11/220.34 mi17, Barrington Close, Framwellgate Moor, Durham, County Durham DH1 5BX4
£350K09/220.36 mi2, Mere Drive, Pity Me, Durham, County Durham DH1 5DD4
£290K03/230.38 mi29, Mere Drive, Pity Me, Durham, County Durham DH1 5DD4
£118.5K12/200.44 mi19, Hartside View, Durham, County Durham DH1 5DX4
£317K06/210.48 mi24, Bishops Way, Pity Me, Durham, County Durham DH1 5DB4
£183K06/210.55 mi15, Hutton Way, Durham, County Durham DH1 5BW4
£245K03/230.56 mi59, The Orchard, Pity Me, Durham, County Durham DH1 5DA4
£325K06/210.59 mi17, Harvey Avenue, Durham, County Durham DH1 5ZB4
£590K11/210.59 mi18, Aykley Green, Durham, County Durham DH1 4LN4
£850K02/210.59 mi2, Aykley Green, Durham, County Durham DH1 4LN4
£340K04/230.67 mi15, Boste Crescent, Durham, County Durham DH1 5US4
£380K11/220.67 mi19, Boste Crescent, Durham, County Durham DH1 5US4
£422K10/220.71 mi38, Edlingham Road, Newton Hall, Durham, County Durham DH1 5YS4
£340K12/200.73 mi4, Smithfield, Pity Me, Durham DH1 5PP4
£300K12/200.73 mi24, Smithfield, Pity Me, Durham DH1 5PP4
£250K01/230.73 mi75, Farnham Road, Durham, County Durham DH1 5LL4
£245K10/210.77 mi37, Alnwick Road, Durham, County Durham DH1 5NN4
£363K09/220.77 mi13, Hylton Road, Durham, County Durham DH1 5LS4
£370K01/210.84 mi132, Lindisfarne Road, Durham DH1 5YX4
£385K05/210.85 mi31, Field House Lane, Durham DH1 4LT4
£285K10/200.87 mi34, Wolsingham Drive, Durham DH1 5SP4
£279K04/210.89 mi3, Cotherstone Road, Durham DH1 5YN4
£310K02/210.94 mi4, Ryelands Way, Durham DH1 5GR4
£165K02/210.95 mi27, Middleham Road, Durham DH1 5QH4
£208K06/210.99 mi164, Canterbury Road, Newton Hall, Durham, County Durham DH1 5NF4
£318K02/210.99 mi20, Kira Drive, Durham DH1 5GU4
£268K03/210.99 mi10, Kira Drive, Durham DH1 5GU4
£275K06/230.99 mi44, Wolsingham Drive, Durham, County Durham DH1 5XH4
£285K11/220.99 mi92, Lindisfarne Road, Durham, County Durham DH1 5YQ4

Local Area Statistics

Population in DH1

49,938

Population in Durham

124,445

Town centre distance

1.55 miles away

Nearest school

0.30 miles away

Nearest train station

1.18 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £159,950

March 27, 2025

Floor Plans

Description

  • 4 Bed Terrace House +
  • Could Be A Family Home Or Student Investment +
  • Spacious Lounge +
  • KItchen / Diner +
  • Ground Floor WC +
  • 2 Shower Rooms +
  • 4th Bedroom To 2nd Floor +
  • Detached Garage +

NO CHAIN. COULD BE HMO OR FAMILY HOME. 4 BEDROOMS. GARAGE. GREAT LOCATION This fantastic four bedroom property offers great potential to be a family home or accommodation for multiple occupants. Situated on Newcastle Terrace in the popular and superbly positioned Framwellgate area of Durham this house is close to all the amenities on offer locally as well as being only a mile and a half from the city centre.  Located close to both New College and University Hospital of Durham, the property has been rented out on a room by room basis but still forms the layout of it's original family home status. The accommodation briefly comprises of: Entrance Porch, Hallway, Living Room, Kitchen/Diner, rear Hall, Downstairs wc, First floor landing, three bedrooms, main shower room, additional shower room, and a fourth bedroom in the converted attic. Externally the property has a garden, yard area and a separate detached garage.

Viewings on this house are highly recommended to appreciate the accommodation on offer and as the property is so versatile. To arrange a viewing or for further information about this property please contact Copeland Residential on .

Property comprises Entrance Porch. Accessed via a Upvc door. Lounge. 15'7 x 14'3 (4.75m x 4.35m) Double glazed window to front, feature cast fire surround with period tiled inset, radiator, tv and telephone points. Kitchen / Diner. 14'4 x 12'10 (4.37m x 3.92m) Double glazed window to rear, range of wall and base units, gas cooker, plumbed for washing machine, space for fridge freezer, combination boiler, 1 1/2 bowl sink and drainer, radiator and tiled floor. Rear Porch. Upvc door to rear yard and tiled flooring. Ground Floor WC. Double glazed window to rear, hand wash basin, WC, radiator and tiled flooring. 1st Floor Landing. Smoke alarm and stairs to 2nd floor. Bedroom 1. 11'4 x 9'8 (3.44m x 2.94m) Double glazed window to front, radiator and cast period fire place. Bedroom 2. 9'8 x 8' (2.94m x 2.44m) Double glazed window to rear and radiator. Bedroom 3. 10'8 x 7'7 (3.25m x 2.31m) Double glazed window to rear and radiator. Shower Room 1. WC, hand wash basin, walk in shower enclosure, heated towel rail and coving. Shower Room 2. Shower enclosure with electric shower. 2nd Floor Bedroom 4. 14'4 x 14' (4.36m x 4.30m) Velux windows to front & rear, radiator, smoke alarm and storage to eves. Externally there's a paved yard to the rear and small garden to front. Garage. 16'11 x 9'4 (5.15m x 2.86m). An up and over door is to the front of the garage with a side access door to the yard.

Agent Details

Copeland Residential, Chester Le Street

0191 625 0991

Next Steps?

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