Frederick Street South, Meadowfield, Durham, DH7 8NA

Property Overview

Four-bedroom terraced house in Frederick Street South, Meadowfield, Durham, DH7 8NA. The property is currently let with three tenants paying £1,450 per calendar month including bills, according to the supplied property details.

• Freehold
• Four-bedroom terraced house
• Article 4 Direction applies
• Within Durham City Conservation Area
• EPC: D
• Council Tax: Band A

Accommodation

The accommodation comprises four bedrooms, two bathrooms and two reception rooms.

The seller advises that mains gas, electricity, water and sewerage are connected. The supplied information states a very low risk of surface water flooding.

Location

Frederick Street South is described as a popular location with access to local shops in Meadowfield, Langley Moor and Brandon. The property lies adjacent to the A(690), providing access to Durham City Centre, Willington and Crook, where more comprehensive shopping, recreational facilities and amenities are available.

Tenure & Key Information

• Tenure: Freehold
• Occupancy: Currently let with three tenants
• Reported rent: £1,450 per calendar month including bills
• EPC: D
• Council Tax: Band A
• Article 4 Direction and Durham City Conservation Area apply

No lease, parking or heating details were supplied. Tenancy terms, rent breakdown, arrears, deposits and compliance information have not been provided.

Auction & Buyer Charges

• Guide Price: £115,000+
• Auction Date: 30 September 2026
• Auction administration fee: £2,000 + VAT, stated total £2,400
• No buyer premium was provided
• If a panel solicitor is used, the auctioneer receives a referral fee of between £200 plus VAT (£240) and £400 plus VAT (£480)

Investment Analysis

HB estimates only: the five supplied freehold terraced sales have an average of £98,900. The two 2025 sales have an average of £102,500. The £115,000+ guide is approximately 12.2% above both the five-sale average and the 2025 average.

HB estimates a gross yield of 18.26% using the advertised £1,750 pcm rent and the £115,000 guide price, before costs and voids. Including the known £2,400 administration fee, the effective gross yield is estimated at 17.89%.

The £1,750 pcm figure is based on advertised rental evidence and is not an achieved or passing rent. No refurbishment estimate or maximum bid has been provided. A maximum bid cannot be calculated responsibly without verified rent, operating costs, tenancy details and an agreed target return.

Sold Comparables

This is supplied sold comparable evidence. Bedroom counts, condition and exact property particulars for the comparables were not supplied.

Rental Evidence

Advertised rental evidence: £1,750 pcm for a four-bedroom terraced property in DH7, sourced from Properties To Rent in DH7 | Rightmove. This is an advertised asking rent, not an achieved or passing rent.

The supplied property details report £1,450 per calendar month including bills from three tenants. This has not been independently verified and tenancy terms have not been supplied.

Strategy & Risks

• Treat the HB estimate of £98,900 as a cautious market-value estimate based on the mean of the five supplied sales, not a definitive valuation.
• Verify the tenancy schedule, actual rent, deposits, arrears, compliance documents and property condition before bidding.
• The advertised £1,750 pcm is not verified passing rent.
• The tenancy structure and compliance information for the three reported tenants are not supplied.
• No property condition or refurbishment evidence is provided.
• The guide price exceeds the average of the supplied sold comparables.
• The £2,400 administration fee reduces the effective investment return.
• No buyer premium or other acquisition costs are supplied.