3 Bed Semi-Detached House, Single Let, Consett, DH8 8RE, £140,000

Cutlers Hall Road, Shotley Bridge, Consett, DH8 8RE - a year ago

Sold STC
BTL
ROI: 3%
~66 m²
+10 photos

ValuationOvervalued

Sold Prices£60K - £315K
Sold Prices/m²£729/m² - £2.9K/m²

 

 

Square Metres

~66.20 m²
Price/m²£2.1K/m²

Value Estimate

£96,403

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,500

Total Cash In

£43,500

 

 

Cash Out

 

Rent Range

£525 - £995

Rent Estimate

£700

Running Costs/mo

£598

Cashflow/mo

£103

Cashflow/yr

£1,230

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £60K to £315K, average is £137.5K. £729/m² to £2.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£93K06/210.06 mi5, Valley Gardens, Blackhill, Consett, County Durham DH8 8RQ3
£115K12/200.06 mi29, Valley Gardens, Blackhill, Consett, Durham DH8 8RQ3
£200K04/210.09 mi79, Cutlers Hall Road, Blackhill, Consett, Durham DH8 8RF3
£216.5K06/210.12 mi22, Priory Close, Consett, Durham DH8 0SA3
£168.5K06/230.13 mi80, Benfieldside Road, Consett, County Durham DH8 0SD3
£90K02/230.19 mi11, Chaytor Road, Consett, County Durham DH8 8QA3
£157.5K12/200.2 mi32, Queensway, Consett, County Durham DH8 0RZ3
£93K12/200.2 mi37, St Marys Crescent, Consett, County Durham DH8 8PA3
£160K04/210.21 mi21, St Andrews Road, Consett, Durham DH8 8NX3
£147K07/210.22 mi10, Northstead Drive, Consett, County Durham DH8 0RX3
£110K05/210.22 mi22, Queensway, Consett, County Durham DH8 0RU3
£60K12/210.22 mi89, Chaytor Road, Consett, Durham DH8 8QP3
£169K04/230.25 mi50, Ritsons Road, Consett, County Durham DH8 0AL3
£135K11/200.27 mi146, Benfieldside Road, Consett, Durham DH8 0RP3
£230K04/230.27 mi150, Benfieldside Road, Consett, County Durham DH8 0RP3
£197.5K12/200.27 mi150, Benfieldside Road, Consett, Durham DH8 0RP3
£145K12/210.27 mi58, Backstone Road, Consett, County Durham DH8 8QG3
£91K03/210.27 mi3, Cragside Court, Consett, Durham DH8 8TG3
£167K08/210.29 mi20, Alston Road, Consett, Durham DH8 8JU3
£145K10/200.29 mi12, Alston Road, Consett, County Durham DH8 8JU3
£78.5K10/210.3 mi16, High Ridge, Consett, County Durham DH8 8TJ3
£118K12/200.3 mi24, Cutlers Avenue, Consett, Durham DH8 0AX3
£126K03/210.32 mi6, George Street, Blackhill, Consett, County Durham DH8 0AE3
£135K04/210.32 mi28, George Street, Blackhill, Consett, Durham DH8 0AE3
£286.5K10/200.33 mi39, Barley Mill Road, Consett, Durham DH8 8JS3
£100K11/200.33 mi29, Thomas Street, Blackhill, Consett, Durham DH8 0AB3
£215K01/210.33 mi11, Kings Road, Consett, County Durham DH8 0AH3
£105K03/210.35 mi53, Rosedale Avenue, Consett, County Durham DH8 0DZ3
£135K04/230.37 mi19, The Crescent, Shotley Bridge, Consett, County Durham DH8 0JA3
£160K08/210.37 mi111, Pleasant View, Bridgehill, Consett, Durham DH8 8LF3
£130K12/200.38 mi22, Benfield Close, Consett, Durham DH8 0RH3
£140K03/230.44 mi8, Rosedale Avenue, Consett, County Durham DH8 0DY3
£280K03/210.44 miPinetrees, Church Bank, Consett, Durham DH8 0NW3
£118.5K03/210.44 mi22, Riverside, Consett, County Durham DH8 0JB3
£147K07/210.46 mi54, Woodlands Road, Consett, County Durham DH8 0DH3
£315K04/230.48 mi11, Briary Gardens, Consett, County Durham DH8 0RE3
£78K11/210.51 mi12, Roger Street, Consett, County Durham DH8 5SX3
£130K11/210.51 mi13, Roger Street, Consett, Durham DH8 5SX3
£150K07/230.52 mi26, Laburnum Avenue, Consett, County Durham DH8 5TD3
£80K08/210.54 mi31, Dixon Street, Consett, Durham DH8 5UE3
£97.5K12/220.54 mi32, Dixon Street, Consett, County Durham DH8 5UE3
£84K02/210.57 mi29, Laburnum Avenue, Consett, Durham DH8 5SZ3
£289.8K02/230.61 mi4, The Mount, Shotley Bridge, Consett, County Durham DH8 0DW3
£197.5K02/210.61 mi12, Glenside, Consett, Durham DH8 0DN3
£175K02/210.61 mi60, The Briary, Consett, County Durham DH8 0QZ3
£185K07/230.61 mi58, The Briary, Consett, County Durham DH8 0QZ3
£315K06/230.61 mi14, Churchill Close, Consett, County Durham DH8 0EU3
£135K05/210.63 miCory House, Brockwell Lane, Consett, County Durham DH8 5UP3
£96K05/230.63 mi98, Fenwick Way, Consett, County Durham DH8 5FE3
£105.8K11/200.67 mi25, Summerdale, Consett, County Durham DH8 0ET3

Local Rents

12 rents from £525/mo to £995/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£79501/250.08 mi-3
£69512/240.17 mi-3
£72501/250.17 mi-3
£62512/240.24 mi-3
£71512/240.52 mi-3
£75012/240.97 mi-3
£77003/250.97 mi-3
£72512/241.01 mi-3
£72503/251.05 mi-3
£99512/241.06 mi-3
£77502/251.06 mi-3
£52504/251.08 mi-3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.90 miles away

Nearest school

0.10 miles away

Nearest train station

6.32 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £140,000

March 29, 2025

Listed for £145,000

June 12, 2024

Floor Plans

Description

  • No Onward Chain +
  • Vacant Possession +
  • Generous Plot +
  • Semi-Detached House +
  • Three Good-Sized Bedrooms +
  • Wrap Around Garden +
  • Detached Garage +

A stone-fronted semi-detached house with a generous wrap-around garden and detached garage, situated half a mile from Shotley Bridge village centre and available with no onward chain and vacant possession.

The house has uPVC double glazing and gas central heating with accommodation comprising: entrance porch, hall, living room, fitted rear kitchen with pantry, ground floor bathroom with separate shower cubicle, first floor landing to three bedrooms and a storage cupboard. Externally there is a beautiful wrap-around landscaped garden with a single garage to the rear.

EPC Rating D Council Tax Band B

Cutlers Hall Road is situated between Shotley Bridge and Blackhill villages, where there are a range of shops and facilities. It is close to the Derwent Walk and within a mile-and-a-half of Consett town centre, where there are further amenities, including the retail park, the leisure centre and Consett Academy secondary school. The regional centres of Newcastle and Durham are both within 15 miles, via the A694, A692 and A691 highways.

Agent notes:
Tenure: Freehold
Utilities: Mains gas, electricity, water and sewerage.
Mobile Phone Coverage: Good coverage from O2, Average -Vodaphone & Three, EE.
Broadband Estimated speed:
Standard 13Mbps
Superfast 55 Mbps
Ultrafast 1000 Mbps
Flood Risk: Rivers & Seas - No Risk, Surface Water - Low.
Covenants: There are standard estate covenants on this property.
Mining: Please note this property is situated in a former mining area.

Agent Details

J W Wood, Consett

01207 265924

Next Steps?

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