# 1 bedroom ground floor flat for sale (DH1 5FL)

## Property Details

| Key | Value |
|-----|-------|
| Address | 21 FARNHAM CLOSE, DURHAM, COUNTY DURHAM DH1 5FL |
| Price | £75,000 |
| Bedrooms | 1 |
| Construction age | England and Wales: 1991-1995 |
| Floor area | 45 m² |
| Last sold | £75,000 May 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 14/09/2025 — **EXPIRED** (no longer valid for marketing or letting)
- **Current heating cost:** £368/year
- **Est. upgrade cost to C:** £5,000

### Recommendations
- W2 (£4,000 - £6,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0525-2895-7516-9195-2625)

## Description

*EXCELLENT OPEN ASPECT* *GREAT POSITION* *SPACIOUS FLOORPLAN* *GROUND FLOOR* *EXCELLENT LOCATION CLOSE TO DURHAM CITY* Dowen Estate Agents offer for sale this well presented good sized one bedroomed ground floor apartment with the benefits of UPVC double glazing and central heating. The property has accommodation which briefly comprises entrance hall with storage cupboard, lounge, kitchen, bedroom and wet room. Externally there are communal gardens and allocated parking. Farnham Close lies close to a range of local shops and amenities which are available within Newton Hall as well as nearby Arnison Centre, with a more comprehensive range of shopping and recreational facilities and amenities available within Durham City Centre which lies approximately 1.5 miles away.  Ideal for a variety of purchasers including first time buyers, investors or retired singles/couples. Viewing advised.

## Property Photos

- ![MAIN](/listings/photos/76120850/494496) - MAIN
- ![ENTRANCE](/listings/photos/76120850/494500) - ENTRANCE
- ![LOUNGE](/listings/photos/76120850/494505) - LOUNGE
- ![KITCHEN](/listings/photos/76120850/494510) - KITCHEN
- ![WET ROOM](/listings/photos/76120850/494515) - WET ROOM
- ![BEDROOM 1](/listings/photos/76120850/494520) - BEDROOM 1
- ![HALLWAY](/listings/photos/76120850/494530) - HALLWAY
- ![EXTERNALLY](/listings/photos/76120850/494542) - EXTERNALLY
- ![Photo](/listings/photos/76120850/494547)

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #39924
- **Address:** 21 Farnham Close, DURHAM, DH1 5FL
- **Certificate Issued:** 08/08/2003
- **Work Completed:** 16/07/2002
- **Items:** 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 21 FARNHAM CLOSE, DURHAM, COUNTY DURHAM, DH1 5FL | £75,000 | 27/05/2025 | Flat |
| 21 FARNHAM CLOSE, DURHAM, COUNTY DURHAM, DH1 5FL | £75,000 | 22/03/2019 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 19 FARNHAM CLOSE, DURHAM, COUNTY DURHAM, DH1 5FL | £68,500 | 19/10/2023 | Flat |
| 65 FEATHERSTONE ROAD, DURHAM, COUNTY DURHAM, DH1 5YW | £107,000 | 10/10/2023 | Flat |
| [Same street] 13 FARNHAM CLOSE, DURHAM, COUNTY DURHAM, DH1 5FL | £167,500 | 17/10/2022 | Semi-detached |
| [Same street] 20A FARNHAM CLOSE, DURHAM, COUNTY DURHAM, DH1 5FL | £69,000 | 14/10/2022 | Flat |
| [Same street] 4 FARNHAM CLOSE, DURHAM, COUNTY DURHAM, DH1 5FL | £70,000 | 19/08/2021 | Flat |

**Street average:** £93,750 (4 sales)
**Area average:** £107,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £153,171 (17 Flat, DH1, 2024–2026)
- **Deviation:** -51%

## Rental Range

*ONS Price Index of Private Rents (County Durham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £572/mo
- **Realistic:** £635/mo
- **Optimistic:** £699/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Durham (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £392/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Bungalow, Garden Avenue, DH1 | £650/mo | 1 | 0.6 miles | OpenRent |
| 1 Bed Flat, Aykley Vale Chambers, DH1 | £650/mo | 1 | 0.63 miles | OpenRent |

**Average rent: £650/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.87% (okay)
- **Max investor price (0.8%):** £81,250
- **Target investor price (1%):** £65,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £650/mo).*

- **Gross yield:** 10.4%
- **Cost-to-rent:** 9.6×
- **Monthly cashflow:** £265/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 14.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,667/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 17.6%
- **10y growth:** 83.7%

## House Price Index (HM Land Registry)

*Official index for County Durham; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -4.8%
- **5y growth (index):** 7.4%
- **10y growth (index):** 22.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)