Pickering Place, Carville, Durham, DH1
PA

Pickering Place, Carville, Durham, DH1

By Pat Robson

£ 105,000

Reviews

2 out of 5 stars

Pat Robson says ..

**Top Floor Apartment**Two Bedrooms**Investment Opportunity** A purpose-built modern apartment well placed for access to A1 road links, local amenities, and Central Durham. Currently let until September 2024 the property achieves a rent of £820pcm and a gross yield of 9.4% before service ch...

Property Oracle says ..

This two-bedroom apartment in Pickering Place, Carville, Durham, is presented as an investment opportunity. The apartment is listed at £105,000 and boasts a 782.54 sqft living space. Located close to several well-regarded schools, including Belmont Community School and Belmont Cofe Primary School, both rated ‘Good’ by Ofsted, it is particularly suitable for families. The A1 road links provide easy access to surrounding towns and cities. While images show a clean and adequately furnished apartment, a few minor updates could enhance its appeal and market value. There is no garden or outside space. The property’s relative value is supported by several recent listings of similar apartments in the same vicinity, all falling within a comparable price range. However, a precise determination of value-for-money is slightly hindered by incomplete comparative data on other nearby property sizes and specifications. The lack of detailed information on local amenities beyond schools and transport requires a cautious approach to the analysis. Overall, the apartment offers a decent balance of convenience, functionality, and investment potential.

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
1
Bedrooms
2
Bathrooms
1
Sqft (est)
782.54

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
426,436.00 £
Decreased by 1.59 %
from 433,305.00 £
Est sale value
376,401.74 £
Increased by 21.77 %
from 309,103.30 £
Average area rental value
1,587.00 £/mo
Decreased by 7.46 %
from 1,715.00 £/mo
Est letting value
782.54 £/mo
Unchanged by 0.00 %
from 782.54 £/mo
Est rental Yield
4.47 %
Decreased by 5.89 %
from 4.75 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Pat Robson marked this listing as sold.

  • Pat Robson created the listing.

Nearby Schools

NameTypeOfstedDistance
Belmont Community SchoolCommunity SchoolGood0.25 KM
Belmont Cofe (Controlled) Primary SchoolVoluntary Controlled SchoolGood0.35 KM
St Thomas More Primary School, BelmontAcademy Converter0.98 KM
Belmont Cheveley Park Primary SchoolCommunity SchoolGood1.27 KM
St Hild'S College Church Of England Aided Primary School, DurhamVoluntary Aided SchoolGood1.85 KM

Images

Picture 1 Picture 2 Picture 4 Picture 7 Picture 3 Picture 5 Picture 6 Picture 8 Picture 9

Nearby Streets

NameAverage PriceAverage SqftDistance
Grange Road £ 174,31300.00 KM
Fellside Gardens £ 175,00000.00 KM
Belmont Road £ 000.00 KM
The Larches £ 000.00 KM
Spencers Villa £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Durham7745DHM5.83 KM
Chester-Le-Street7736CLS9.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Pickering Place, Carville, Durham, DH1 £ 105,000BUY5 / 100.00 KM
16 Pickering Place, Durham, Cumbria DH1 1EG £ 65,000BUY6 / 100.00 KM
Pickering Place, Durham, DH1 1EG £ 95,000BUY5 / 100.01 KM
Pickering Place, Carville, Durham, DH1 1EG £ 100,000BUY5 / 100.01 KM
Pickering Place, Carville, County Durham, DH1 £ 86,000BUYUnknown0.01 KM

Nearby Properties

AddressPriceDistance
11 Grange Road £ 170,0000.05 KM
22 Grange Road £ 118,0000.05 KM
2 Grange Road £ 178,5000.05 KM
13 Grange Road £ 140,0000.05 KM
9 Newlands Road £ 139,0000.06 KM