2 Bed Terraced House, Single Let, Consett, DH8 5RF, £112,500

31 Palmerston Street, Consett, County Durham, DH8 5RF - a year ago

Sold STC
BTL
~89 m²
+12 photos

ValuationOvervalued

Sold Prices£39K - £155K
Sold Prices/m²£639/m² - £2.3K/m²

 

 

Square Metres

~89.29 m²
Price/m²£1.3K/m²

Value Estimate

£103,769

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,125

Stamp Duty & Legal Fees

£6,825

Total Cash In

£34,950

 

 

Cash Out

 

Rent Range

£475 - £900

Rent Estimate

£475

Running Costs/mo

£467

Cashflow/mo

£8

Cashflow/yr

£101

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £39K to £155K, average is £81.3K. £639/m² to £2.3K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£50K01/210.06 mi6, Unsworth Gardens, Consett, County Durham DH8 5RX2
£76K04/210.06 mi1, Kelvin Gardens, Consett, County Durham DH8 5RU2
£110K12/220.08 mi18, Temple Forge Mews, Consett, County Durham DH8 5RZ2
£80K07/210.09 mi32, Taylor Street, Consett, Durham DH8 5RS2
£66K02/210.12 mi2, Alexandra Street, Consett, Durham DH8 5DR2
£49K12/200.12 mi20, Alexandra Street, Consett, Durham DH8 5DR2
£68K10/210.13 mi9, West Parade, Consett, County Durham DH8 5RR2
£95K01/230.13 mi28, West Parade, Consett, County Durham DH8 5RR2
£88K09/210.14 mi61, Gill Street, Consett, Durham DH8 7JT2
£75K04/230.14 mi50, Gill Street, Consett, County Durham DH8 7JT2
£47.5K11/200.14 mi37, Gill Street, Consett, Durham DH8 7JT2
£88K01/230.17 mi38, Edith Street, Consett, County Durham DH8 5DN2
£87.5K11/210.18 mi54, Edith Street, Consett, Durham DH8 5DN2
£75K07/210.18 mi37, Edith Street, Consett, County Durham DH8 5DN2
£88K11/200.19 mi35, Constance Street, Consett, Durham DH8 5DU2
£68K04/210.2 mi18, Forster Street, Consett, Durham DH8 7JU2
£120K05/230.2 mi49, Berry Edge Road, Consett, County Durham DH8 5DS2
£72.5K09/210.2 mi58, Berry Edge Road, Consett, Durham DH8 5DS2
£105K04/230.2 mi39, Berry Edge Road, Consett, County Durham DH8 5DS2
£94K09/210.22 mi9, Forster Street, Consett, County Durham DH8 7JU2
£87K12/220.22 mi6, Forster Street, Consett, County Durham DH8 7JU2
£85K03/230.23 mi14, Windsor Gardens, Consett, County Durham DH8 7JW2
£80K06/210.24 mi13, Windsor Gardens, Consett, Durham DH8 7JW2
£88K10/210.24 mi5, Dale Court, Consett, Durham DH8 5DJ2
£132K08/210.25 mi45, Medomsley Road, Consett, County Durham DH8 5HG2
£39K04/230.29 mi4, Cobden Street, Consett, County Durham DH8 6AH2
£125K02/210.3 mi19, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£75K03/210.3 mi36, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£115K05/210.3 mi52, Stuart Court, Consett, Durham DH8 5GA2
£78.5K12/200.31 mi21, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£155K06/230.31 mi41, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£71K02/210.31 mi4, Tyne Street, Consett, County Durham DH8 6NN2
£84K06/230.31 mi5, Bertha Street, Consett, County Durham DH8 5DZ2
£75K10/200.35 mi6, Gladstone Gardens, Consett, County Durham DH8 6AR2
£75K07/230.35 mi1, Gladstone Gardens, Consett, County Durham DH8 6AR2
£45K04/210.35 mi4, Steel Street, Consett, Durham DH8 5EF2
£86K10/200.35 mi3, Steel Street, Consett, Durham DH8 5EF2
£50.5K03/230.36 mi27, Knitsley Gardens, Consett, County Durham DH8 7NR2
£48K05/230.36 mi21, Knitsley Gardens, Consett, County Durham DH8 7NR2
£65K04/230.36 mi116, Medomsley Road, Consett, County Durham DH8 5HS2
£70K01/210.37 mi87, Sherburn Terrace, Consett, Durham DH8 6NE2
£99K07/230.37 mi14, Park Avenue, Consett, County Durham DH8 6AS2
£88K01/210.37 mi7, Northfield View, Consett, Durham DH8 6AW2
£126K05/230.37 mi3, Georgia Court, Consett, County Durham DH8 5XN2
£105K08/210.38 mi66, Romany Drive, Consett, Durham DH8 5XL2
£87.5K03/230.47 mi9, Barr Hills, Consett, County Durham DH8 5NB2
£82.5K06/210.49 mi6, Ash Grove, Consett, Durham DH8 6EB2
£80K05/230.54 mi34, Aynsley Terrace, Consett, County Durham DH8 5NQ2
£68K03/230.55 mi8, Allison Street, Consett, County Durham DH8 5JD2
£95K04/210.57 mi7, First Street, Crookhall, Consett, Durham DH8 7LX2

Local Rents

23 rents from £475/mo to £900/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£72012/240.09 mi-2
£55012/240.17 miConstance Street, Consett, County Durham, DH82
£60012/240.18 mi-2
£47512/240.19 mi-2
£60012/240.19 miThe Green, Consett, County Durham, DH82
£90012/240.2 mi-2
£52512/240.24 miSouthernwood, Consett2
£74504/250.24 mi-2
£55012/240.25 mi-2
£62512/240.27 miRosemary Close, Consett2
£60012/240.3 mi-2
£60012/240.3 mi-2
£60012/240.31 mi-2
£47512/240.33 mi-2
£60012/240.33 mi-2
£55012/240.34 mi-2
£60001/250.36 mi-2
£55012/240.36 miKnitsley Gardens, Consett2
£52503/250.36 mi-2
£55012/240.37 miGladstone Gardens, Consett, Durham, DH82
£50012/240.44 miBeverley Gardens, Consett, County Durham, DH82
£67510/240.49 mi-2
£60012/240.5 mi-2

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.35 miles away

Nearest school

0.30 miles away

Nearest train station

7.46 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £112,500

November 2, 2024

Listed for £114,950

March 15, 2024

Floor Plans

Description

  • STONE BUILTID TERRACE +
  • NEWLY RENNOVATED +
  • NO ONWARD CHAIN +
  • PERFECT FIRST TIME BUY +
  • TWO DOUBLE BEDROOMS +
  • GARDEN TO THE FRONT +
  • YARD TO THE REAR +

Hunters are delighted to welcome to the market this stone built mid terrace property that has recently undergone a full renovation making it the perfect first time buy!

Briefly the property comprises of an entrance lobby with stairs leading to the first floor. The first door to the left leads to the lounge. The second door to the left is the dining room with access to the kitchen at the rear aspect of the property. The kitchen benefits from all new fitted units and features marble effect tiles.

To the first floor of the property at the front aspect is the master bedroom. A second double bedroom and bathroom with separate WC to the rear of the property.

Externally the property offers a shared entrance to the front of which the left hand side is maintained by the property. There is a mixtures of shrubs, bushes and grass laid to lawn. There is a yard to the rear.

* PERFECT FIRST TIME BUY *
* INVESTMENT OPPOURTUNITY *
Lounge, Dining Room, Kitchen
TWO BEDROOMS, Bathroom

Lobby - 1.31 x 0.95 (4'3" x 3'1") -

Lounge - 3.59 x 3.77 (11'9" x 12'4") -

Dining Room - 4.12 x 4.86 (13'6" x 15'11") -

Kitchen - 5.39 x 2.12 (17'8" x 6'11") -

Bedroom - 3.59 x 4.86 (11'9" x 15'11") -

Bedroom - 4.14 x 2.95 (13'6" x 9'8") -

Wet Room - 2.02 x 2.01 (6'7" x 6'7") -

Agent Details

Hunters, Consett

01207 265957

Next Steps?

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