173 Woodland Crescent, Kelloe, Durham, County Durham, DH6 4LZ

Description

Vacant three-bedroom semi-detached home requiring cosmetic improvement, offering excellent value-add potential with a generous rear garden and strong investment appeal. The property comprises an entrance hallway, spacious living room, fitted kitchen and ground floor WC, with three bedrooms and a family bathroom on the first floor. It has front and rear gardens, with the rear garden being particularly generous in size. The property benefits from double glazing and central heating and is positioned for access to local amenities, schools, transport links and Durham City.

Accommodation

Entrance Hallway; Living Room; Kitchen; Ground Floor WC; Three Bedrooms; Family Bathroom; Front and Rear Gardens

Location

Situated on Woodland Crescent, Kelloe, with access to local amenities, schools, transport links and Durham City.

Tenure / Property Information

Investment Analysis

The supplied completed sales on Woodland Crescent range from £49,500 to £115,000. The most recent comparable, 129 Woodland Crescent, sold for £115,000 on 1 July 2026, while other sales range from £75,000 to £105,000, with one lower sale at £49,500. Given the subject is a vacant three-bedroom semi-detached house requiring cosmetic improvement, an indicative base GDV of £95,000 is used, with low and high scenarios of £75,000 and £115,000. These are estimates rather than formal valuations and the comparable condition details are unavailable.

Investment Snapshot

Strategy Recommendation

Potential BTL or light refurbishment project, but proceed only after inspecting the property, verifying the cosmetic works budget, confirming achievable rent and reviewing the legal pack and all additional fees. Do not rely on the headline guide alone.

Works Required

Cosmetic improvement only, as supported by the description. The precise works, specification and cost cannot be established from the supplied evidence. The EPC is rated E, but no specific energy-improvement measures are provided.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £95,000 base GDV, a 75% refinance would be approximately £71,250. This is only £2,650 above the £65,000 guide plus the known £3,600 administration charge, before refurbishment, finance, legal and other completion costs. Because the works cost and additional charges are unknown, the cash left in and equity position cannot be reliably calculated.

Buy-to-Let Analysis

The supplied three-bedroom asking rents range from £325 to £625 pcm, producing an indicative gross rent range of £3,900 to £7,500 per year. At the £65,000 guide, this equates to approximately 6.00% to 11.54% gross yield. The £625 pcm evidence is a broad County Durham listing and both figures are advertised asking rents, not achieved rents, so the property-specific rent and net yield remain unconfirmed. The £3,600 buyer administration charge and other possible fees also reduce returns.

Flip Analysis

A potential resale value is supported by local completed sales, with a base GDV estimate of £95,000. However, refurbishment costs, selling costs, finance costs and additional purchase fees are not supplied, so a reliable flip surplus or maximum bid cannot be calculated. The wide comparable range also creates meaningful valuation uncertainty.

Investor Risks & Due Diligence

• The property is described as requiring cosmetic improvement, but no detailed schedule or refurbishment cost is supplied.

• EPC rating E may require improvement, although no specific works are identified.

• Comparable completed sales vary materially from £49,500 to £115,000 and their condition and specifications are not provided.

• Rental evidence comprises advertised asking rents rather than achieved rents and is not property-specific.

• The £3,600 administration charge is known, while further search, seller, legal, transfer and disbursement fees may also apply.

• The guide price is not a confirmed purchase price and the maximum bid cannot be calculated without works and full-cost information.

Recommendation

Potential BTL or light refurbishment project, but proceed only after inspecting the property, verifying the cosmetic works budget, confirming achievable rent and reviewing the legal pack and all additional fees. Do not rely on the headline guide alone.

Strategy Rating

Analysis Confidence

There are several relevant completed sales on the same street and basic rental evidence, but comparable condition, property-specific achieved rent, refurbishment costs, selling costs and full auction fees are unavailable.