Mouseprice AVM £44,000

10 Randolph Street, Bishop Auckland

Our current valuation of this property is £44,000 with high confidence.
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Overview

10 Randolph Street, Bishop Auckland is a 2 Bedroom Terraced property. It is held under Freehold tenureship.

This property was built between 1900-1929. It has an internal floor area of 54m2.

Compared to other properties of the same type in the surrounding area, this property is less expensive than the average.

The current sale valuation for this property is £44,000, and the current rental valuation is £432 pcm.

Property Attributes

Property Type
Terraced
Year Built
1900-1929
Floor area
54m2
Beds
2
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Full property description

Click through for full illustration of rental income, % returns etc....

Rental Return = £380 pcm
(tenanted live investment)

Professional management 10% = £38 pcm

Deposit 20% = £7,200

Loan 80% LTV with 4% Int Rate = £96 pcm

Positive Cash Flow = £246 pcm

Return on Capital Invested = 47.3%

Return on Cash Purchase = 12.3%


Figures are for illustration purposes only, please speak to a financial adviser for personal projections

Local area: An excellent time to purchase a Below Market Value property in County Durham
Launching in July 2016, The Eleven Arches project which will feature 'Kynren - an Epic tale of England' set in the grounds of Auckland Castle, Bishop Auckland. Hailed as a must see attraction, will attract up to 800,000 visitors a year. The £60 Million project to renovate Auckland Castle & Bishop Auckland Market Place is also well underway.Copy & paste this link into your browser for details: www.thisisdurham.com/kynren. In Newton Aycliffe, an £82m Hitachi train factory has been officially opened in September 2015. The Hitachi plant will employ 730 workers assembling high-speed Intercity trains for the East Coast and Great Western main lines. The Prime Minister David Cameron said it was a "show of confidence" in the region. "This is Hitachi's first factory in Europe and their massive investment is a sign of their commitment to the United Kingdom and a real show of confidence in our economy and of confidence in the North East,"

Approx year built:
1930

Type of property:
Mid terrace

Structure:
Brick

Roof:
Tile

Tenure:
Freehold

External:
Yard to rear, local recreation park to front

Approx rebuild cost:
£130k For insurance purposes


Non refundable Reservation fee's apply @ £1000 to begin the purchase process

Services available

About attributes

Some attributes were unavailable for this property, but we have filled in the blanks with our derived attribute technology based on highly comparable properties nearby. Our method is proven to have 95% accuracy in recent tests, however if this is your property and you'd like to make a correction, please get in touch.

Frequently asked questions

  1. How much is 10 Randolph Street, Bishop Auckland worth?

    10 Randolph Street, Bishop Auckland is now worth £44,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 10 Randolph Street, Bishop Auckland - click here to get one with no strings attached.

  2. What is the 3 month price change in DL14?

    The 3 month price change in DL14 is +2.70%.

  3. What is the rental value of 10 Randolph Street, Bishop Auckland?

    The current rental valuation for this property is £432 per month, within a price range of £300 and £795.

  4. How many bedrooms does 10 Randolph Street, Bishop Auckland have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  5. What are the nearest schools and stations to 10 Randolph Street, Bishop Auckland?

    Nearby schools in include Bishop Barrington School A Sports with Mathematics College, St Anne's CofE Primary School, St John's School & Sixth Form College - A Catholic Academy, Evergreen Primary School, Bishop Auckland College

    Nearby stations in include Bishop Auckland Station, Shildon Station, Newton Aycliffe Station, Heighington Station, Durham Station.

  6. What type of property is 10 Randolph Street, Bishop Auckland

    This is a Terraced property. There are 22 other Terraced properties on RANDOLPH STREET, and 24 in total.

  7. When was 10 Randolph Street, Bishop Auckland built? How old is 10 Randolph Street, Bishop Auckland?

    10 Randolph Street, Bishop Auckland was was built between 1900-1929.

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Key points

Profitable
Investment for previous buyer
-48%
Value compared to surrounding area
D
Energy Rating
£815 psqm
Price per square metre (Building)
£782 pcm
Estimated running costs

Sale history

Sold
Aug 7, 2020
£21,000
Sold
Oct 14, 2016
£35,500
Sold
Mar 2, 2016
£18,000
Sold
Sep 29, 2009
£65,000
Sold
Dec 10, 2004
£26,500
Sold
Jan 17, 2003
£18,000

Listing history

For Sale
Jul 10, 2016
£36,000
For Sale
Jan 23, 2016
£16,500

Neighbours

Left - 7 Randolph Street, Bishop Auckland Right - 18 Randolph Street, Bishop Auckland

Nearby listings

Property for sale in Bishop Auckland Property to rent in Bishop Auckland
Legal: Contains some HM Land Registry data © Crown copyright and database right 2021. The aforementioned data is licensed under the Open Government Licence v3.0. Map frontend by Leaflet | Map tiles by Stamen Design, CC BY 3.0 - Map data © OpenStreetMap contributors.