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3 bed flat for sale Oak Green, Brandon, DH7

Asking price
£75,000
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Added on 16/09/2026

Type
Flat
Bedrooms
3
Bathrooms
1
Size
£93 per sq ft
Tenure
Leasehold
102 years left(from the agent's description)
No ground rent (peppercorn)(from the agent's description) Council tax Band A

* From the agent's description. Check it with them before you rely on it.

Key features

  • Tenanted at £500pcm
  • Chain Free
  • Investment Opportunity
  • Three Bedroom Flat
  • No Ground Rent
  • No Services Charges

About this property

***ATTENTION INVESTORS***

Reeds Rains exclusively invite you to discover this superb three bedroom ground floor flat for sale in Brandon. No ground rent or service charge is payable for this flat.

The flat which is currently tenanted at £500pcm and is an ideal purchase for investors offering a rental yield of 8% with the potential to increase to £600 - £650 PCM. The ground floor comprises a lounge, kitchen, bathroom and three bedrooms. To the rear of the property is a shared yard.

Floorplan

Council tax

Band A

Location

Oak Green, Brandon, DH7

Mortgage and stamp duty

Property price £75,000
£38k £113k
Deposit11% £8,000
£0 £75k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £67,000 mortgage. Most lenders would want a household income of about £15,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

Marketed by
Reeds Rains Durham City
81- 83 New Elvet, Durham
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