No 173 Woodland Crescent, Kelloe, Durham, County Durham, DH6 4LZ

Description

A vacant three-bedroom semi-detached home requiring cosmetic improvement, with a generous rear garden and value-add potential. 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, 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

Same-street completed sales range from £49,500 to £115,000. The most recent evidence is £115,000 for No. 129 in July 2026 and £75,000 for No. 154 in December 2025. Given the subject requires cosmetic improvement, a supported scenario range of £75,000–£115,000 is used, with a provisional base GDV of £95,000. This is an estimate rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack and confirming the cosmetic works budget. Treat as a potential value-add resale or owner-occupier purchase; do not underwrite it as a BTL without local rental evidence.

Works Required

Cosmetic improvement only, as described: general redecoration and presentation works, subject to inspection. No detailed schedule, contractor pricing or evidence of specific defects has been supplied.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £65,000 guide, the property sits below the supplied same-street sales evidence, but the refurbishment allowance is unquantified. At the provisional £95,000 base GDV, 75% refinance equates to £71,250. Cash-left-in cannot be calculated without works, additional charges and finance costs.

Buy-to-Let Analysis

BTL yield cannot be established. The only supplied rental listing is for Thame, not Kelloe, and is therefore not reliable evidence for this property. Refurbishment costs and total acquisition cost are also unknown.

Flip Analysis

A resale case may exist if the property can be acquired near guide and cosmetic works remain modest. However, refurbishment costs, legal-pack charges, selling costs and the achieved resale value are not sufficiently evidenced, so flip surplus cannot be calculated.

Investor Risks & Due Diligence

• Same-street completed prices vary materially from £49,500 to £115,000.

• The property requires cosmetic improvement, but no works schedule or cost estimate is supplied.

• Additional charges may include searches, seller-cost reimbursement, legal fees and transfer fees.

• The supplied rental evidence is for Thame rather than Kelloe and cannot support a local rent or yield.

• EPC rating is E.

Recommendation

Proceed only after reviewing the legal pack and confirming the cosmetic works budget. Treat as a potential value-add resale or owner-occupier purchase; do not underwrite it as a BTL without local rental evidence.

Strategy Rating

Analysis Confidence

There are five completed same-street sales and clear guide-price evidence, but no quantified refurbishment costs, local rental evidence, detailed condition survey, parking information or full auction charges.