Middleham Road, Newton Hall, Durham, DH1
NE

Middleham Road, Newton Hall, Durham, DH1

By Newfield Estates

£ 69,950

Reviews

2 out of 5 stars

Newfield Estates says ..

*** CURRENTLY TENANTED FOR £490 PER MONTH, 102 YEARS REMAINING ON LEASE, NO UPPER CHAIN, IDEAL INVESTMENT PROPERTY, COMMUNAL GARDEN, VIEWING HIGHLY RECOMMENDED ***

Property Oracle says ..

This one-bedroom, one-bathroom apartment located in Newton Hall, Durham, is presented as an investment opportunity. Its current tenancy at £490 per month adds to its appeal to potential buyers looking for rental income. The apartment’s condition is satisfactory, with no immediate major repairs required. The property’s location benefits from its proximity to schools and transportation, though more information on the local amenities would be helpful for a complete evaluation. The lack of a private garden may be a drawback for some buyers. The listed price should be assessed in context with the rental income, making it competitive for investors and a reasonable value for money given the details provided. The absence of square footage data for comparable properties complicates a detailed comparison of value. Given this information, the property could be considered a decent option for a buy-to-let investment, particularly for those already familiar with the Newton Hall market and its amenities.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
700.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
225,990.00 £
Increased by 7.98 %
from 209,292.00 £
Est sale value
135,100.00 £
Decreased by 7.21 %
from 145,600.00 £
Average area rental value
1,096.00 £/mo
Increased by 16.60 %
from 940.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
5.82 %
Increased by 7.98 %
from 5.39 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Newfield Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Blue Coat Cofe (Aided) Junior SchoolVoluntary Aided SchoolGood0.58 KM
Durham Newton Hall Infants' SchoolCommunity SchoolGood0.59 KM
Finchale Primary SchoolCommunity SchoolGood0.94 KM
St Godric'S Catholic Primary School, DurhamAcademy Converter1.05 KM
Framwellgate School DurhamAcademy ConverterGood1.60 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Norham Road £ 220,00000.00 KM
Litchfield Road £ 000.00 KM
Carlisle Road £ 220,00000.00 KM
Low Moor Cottages £ 170,00000.00 KM
Priory Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Durham7745DHM2.67 KM
Chester-Le-Street7736CLS6.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Middleham Road, Newton Hall, Durham, DH1 £ 69,950BUY5 / 100.00 KM
Middleham Road, Newton Hall, Durham, DH1 £ 89,950BUY6 / 100.21 KM
Richmond Court, Newton Hall, Durham, DH1 £ 73,000BUY6 / 100.23 KM
Lumley Road, Newton Hall, Durham, DH1 £ 299,950BUY7 / 100.24 KM
Norham Road, Newton Hall, Durham, Durham, DH1 5NU £ 220,000BUY6 / 100.28 KM

Nearby Properties

AddressPriceDistance
48 Richmond Road £ 175,0000.07 KM
42 Richmond Road £ 173,0000.07 KM
36 Richmond Road £ 146,0000.07 KM
45 Richmond Road £ 72,0000.07 KM
39 Richmond Road £ 33,9500.07 KM