2 Bed Terraced House, Single Let, Consett, DH8 7QD, £74,950





ValuationUndervalued
Sold Prices | £47K - £174.6K |
Sold Prices/m² | £801/m² - £2.2K/m² |
| |
Square Metres | 71.60 m² |
Price/m² | £1K/m² |
Value Estimate | £85,938 |
BMV | 15% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £18,738 |
Stamp Duty & Legal Fees | £3,449 |
Total Cash In | £22,186 |
| |
Cash Out | |
Rent Range | £475 - £900 |
Rent Estimate | £510 |
Running Costs/mo | £356 |
Cashflow/mo | £154 |
Cashflow/yr | £1,845 |
ROI | 8% |
Gross Yield | 8% |
Local Sold Prices
20 sold prices from £47K to £174.6K, average is £82.3K. £801/m² to £2.2K/m², average is £1.2K/m².
Local Rents
16 rents from £475/mo to £900/mo, average is £600/mo.
Local Area Statistics
Population in DH8 | 38,324 |
Population in Consett | 38,379 |
Town centre distance | 1.47 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 7.60 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +9% |
Sales demand | Seller's market |
Capital growth (5yrs) | +14% |
Property History
Listed for £74,950
July 25, 2024
Sold for £75,000
2022
Sold for £81,000
2007
Sold for £67,000
2005
Sold for £30,500
2002
Floor Plans



Description
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