3 Bed Terraced House, Single Let, Consett, DH8 5FB, £150,000

Queens Gate, Consett, Durham, DH8 5FB - a year ago

Sold STC
BTL
ROI: 1%
~125 m²
+8 photos

ValuationUndervalued

Sold Prices£65K - £214K
Sold Prices/m²£597/m² - £2.1K/m²

 

 

Square Metres

~124.50 m²
Price/m²£1.2K/m²

Value Estimate

£158,069
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Total Cash In

£46,700

 

 

Cash Out

 

Rent Range

£600 - £2,850

Rent Estimate

£651

Running Costs/mo

£619

Cashflow/mo

£32

Cashflow/yr

£385

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £65K to £214K, average is £116K. £597/m² to £2.1K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£88.5K05/210.11 mi6, Barr House Avenue, Consett, County Durham DH8 5NE3
£101K04/210.17 mi9, Clarendon Street, Consett, Durham DH8 5LS3
£125K01/210.17 mi37, Aynsley Terrace, Consett, Durham DH8 5NQ3
£214K06/210.17 mi30, Green Street, Consett, Durham DH8 5LP3
£137K12/210.18 mi135, Medomsley Road, Consett, County Durham DH8 5HL3
£153.5K10/210.21 mi171, Medomsley Road, Consett, Durham DH8 5HU3
£180K11/200.25 mi42, Stuart Court, Consett, Durham DH8 5GA3
£155K07/210.25 mi53, Stuart Court, Consett, Durham DH8 5GA3
£150K07/230.28 mi5, Clarence Gardens, Consett, County Durham DH8 5TU3
£115K12/200.29 mi4, The Crescent, Consett, County Durham DH8 5JE3
£96K02/210.29 mi85, The Crescent, Consett, County Durham DH8 5JE3
£135K05/230.29 mi20, Romany Drive, Consett, County Durham DH8 5XL3
£84K02/210.3 mi29, Laburnum Avenue, Consett, Durham DH8 5SZ3
£127.5K12/200.3 mi10, The Promenade, Consett, Durham DH8 5NJ3
£104.5K02/210.31 mi7, Chartwell Place, Consett, County Durham DH8 5JJ3
£135K04/210.32 mi268, Medomsley Road, Consett, County Durham DH8 5JW3
£95.5K12/200.32 mi10, Dale Court, Consett, Durham DH8 5DJ3
£140K01/230.33 mi8, Cardoon Road, Consett, County Durham DH8 6GG3
£130K03/230.33 mi12, Cardoon Road, Consett, County Durham DH8 6GG3
£135K02/230.33 mi62, Berry Edge Road, Consett, County Durham DH8 5DS3
£76K10/210.35 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£105K03/230.35 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£135K01/230.35 mi30, Gladstone Street, Consett, County Durham DH8 6AQ3
£96K05/230.36 mi98, Fenwick Way, Consett, County Durham DH8 5FE3
£97.5K12/220.36 mi32, Dixon Street, Consett, County Durham DH8 5UE3
£78K11/210.36 mi12, Roger Street, Consett, County Durham DH8 5SX3
£130K11/210.36 mi13, Roger Street, Consett, Durham DH8 5SX3
£80K08/210.36 mi31, Dixon Street, Consett, Durham DH8 5UE3
£138K03/230.36 mi43, Fenwick Way, Consett, County Durham DH8 5FD3
£97K12/200.37 mi21, Southernwood, Consett, Durham DH8 6GD3
£150K07/230.38 mi26, Laburnum Avenue, Consett, County Durham DH8 5TD3
£105K11/200.38 mi12, Generation Place, Consett, Durham DH8 5XT3
£135K05/210.38 miCory House, Brockwell Lane, Consett, County Durham DH8 5UP3
£115K07/210.38 mi6, Park Avenue, Consett, County Durham DH8 6AS3
£118.5K04/230.38 mi12, The Green, Consett, County Durham DH8 5BG3
£113K07/210.38 mi6, The Green, Consett, County Durham DH8 5BG3
£124K11/200.39 mi33, Ashdale Road, Consett, Durham DH8 6AU3
£82K09/210.4 mi298, Medomsley Road, Consett, County Durham DH8 5JP3
£110K12/200.4 mi302, Medomsley Road, Consett, County Durham DH8 5JP3
£117K06/230.42 mi6, Palmerston Street, Consett, County Durham DH8 5RF3
£151.3K03/230.43 mi10, Oakdale Road, Consett, County Durham DH8 6AT3
£75.5K01/230.47 mi18, Taylor Street, Consett, County Durham DH8 5RS3
£100K03/210.47 mi8, West Parade, Consett, County Durham DH8 5RR3
£65K05/230.47 mi25, Taylor Street, Consett, County Durham DH8 5RS3
£105K01/210.47 mi10, Taylor Street, Consett, Durham DH8 5RS3
£141K04/230.48 mi17, Meadow Rise, Consett, County Durham DH8 6NS3
£183K11/200.48 mi7, Balmoral Grove, Consett, Durham DH8 6DE3
£100K05/210.49 mi43, Villa Real Road, Consett, County Durham DH8 6BL3
£105K03/210.52 mi9, Ash Grove, Consett, Durham DH8 6EB3
£140K06/210.55 mi28, Elsdon Gardens, Consett, Durham DH8 5NS3

Local Rents

22 rents from £600/mo to £2.9K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£77502/250.19 mi-3
£72503/250.21 mi-3
£72512/240.31 mi-3
£75012/240.36 mi-3
£77003/250.36 mi-3
£71512/240.37 mi-3
£90012/240.43 mi-3
£75012/240.61 miSteading Court, Consett3
£72512/240.67 miSpiro Court, Consett, Durham, DH83
£72502/250.69 mi-3
£99512/240.71 mi-3
£62512/240.76 mi-3
£79502/250.79 mi-3
£2,85002/250.93 mi-3
£69512/240.95 mi-3
£75012/240.96 mi-3
£79512/240.99 miAskrigg Close, Consett3
£75012/241.04 miBluebell Close, Leadgate, Consett, DH83
£79012/241.05 mi-3
£79012/241.05 miDeepdale Drive, Consett, DH83
£80001/251.05 mi-3
£60012/241.17 mi-3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.10 miles away

Nearest school

0.20 miles away

Nearest train station

7.04 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £150,000

December 31, 2024

Price changed to £160,000

November 2, 2024

Price changed to £164,950

September 24, 2024

Listed for £180,000

February 29, 2024

Floor Plans

Description

  • Three Bedroom Townhouse +
  • Located Close to Town Centre +
  • Garage and Driveway +
  • Approximate Floor Area 125 Sq Mtrs/ 1346 Sq Ft. +
  • Council Tax Band C +
  • EPC Rating C +

A spacious three bedroom townhouse style family home that is located within close proximity to Consett Town Centre. The property provides an abundance of versatility with the accommodation it offers and it will certainly appeal to a vast range of buyers.

Internally the property briefly comprises of, ground floor - entrance hallway with downstairs WC, cloak storage, integral access to the garage and a family room which brings versatility to the home. First floor - a sizeable lounge with bay window and an extensive kitchen/diner with ample wall and base units and french doors which lead on to the garden. Second floor - Master bedroom with integrated wardrobes and modern en-suite shower room, family bathroom, another double sized bedroom with integrated wardrobes and one single sized bedroom.

Externally to the rear of the property is a pleasant enclosed garden with patio and lawn. Parking is provided at the front of the property via garage and double driveway.

Queens Gate is a development of two, three and four bedroom properties within Consett town centre. The property is ideally situated within walking distance of the towns many amenities and Consett Park is also a short walk away. Excellent transport links are also accessible close by for commuting to the regional cities of Durham and Newcastle, which are both within 14 miles of the property

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QCO240069/2

Agent Details

YOUR MOVE Chris Stonock, Consett

01207 265949

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪