3 Bed Terraced House, Single Let, Consett, DH8 7RJ, £129,950

24 Durham Road, Consett, County Durham, DH8 7RJ - 5 views - 9 months ago

Sold STC
BTL
84 m²
+11 photos

ValuationOvervalued

Sold Prices£60K - £176K
Sold Prices/m²£824/m² - £2.2K/m²

 

 

Square Metres

84 m²
Price/m²£1.5K/m²

Value Estimate

£99,148

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,488

Stamp Duty & Legal Fees

£5,099

Total Cash In

£37,586

 

 

Cash Out

 

Rent Range

£600 - £2,850

Rent Estimate

£475

Running Costs/mo

£521

Cashflow/mo

£-46

Cashflow/yr

£-553

Gross Yield

4%

Local Sold Prices

30 sold prices from £60K to £176K, average is £111.8K. £824/m² to £2.2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£95K06/230.09 mi7, Plantation Street, Consett, County Durham DH8 7PP3
£80K08/210.1 mi6, Wingrove Terrace, Consett, County Durham DH8 7QE3
£176K12/220.12 mi35, St Ives Gardens, Leadgate, Consett, County Durham DH8 7PQ3
£160K04/210.12 mi7, St Ives Gardens, Leadgate, Consett, Durham DH8 7PQ3
£137.5K11/220.12 mi18, St Ives Gardens, Leadgate, Consett, County Durham DH8 7PQ3
£88K01/210.15 mi59, St Ives Road, Consett, County Durham DH8 7QB3
£88K01/210.15 mi59, St Ives Road, Consett, County Durham DH8 7QB3
£151.5K03/230.15 mi64, St Ives Road, Consett, County Durham DH8 7QB3
£112.5K06/210.16 mi38, Laurel Drive, Consett, County Durham DH8 7RG3
£95K04/210.19 mi133, Durham Road, Leadgate, Consett, County Durham DH8 7QY3
£60K12/200.2 mi15, Willow Crescent, Consett, County Durham DH8 7RQ3
£115K07/210.2 mi39, Willow Crescent, Consett, County Durham DH8 7RQ3
£140K01/210.22 mi13, Patterdale Mews, Consett, County Durham DH8 6HQ3
£80K03/210.24 mi96, Durham Road, Leadgate, Consett, County Durham DH8 7RB3
£116K12/220.27 mi14, Bluebell Close, Leadgate, Consett, County Durham DH8 7GA3
£121.5K07/230.28 mi6, Bluebell Close, Leadgate, Consett, County Durham DH8 7GA3
£111K12/200.29 mi157, Durham Road, Leadgate, Consett, Durham DH8 7QZ3
£110K04/230.3 mi18, Dere Park, Leadgate, Consett, County Durham DH8 6DG3
£97K01/210.35 mi21, Second Street, Watling Street Bungalows, Consett, Durham DH8 6HP3
£81K12/200.43 mi6, Pont Road, Consett, Durham DH8 6HE3
£169.9K11/200.7 mi20, Newbell Court, Consett, Durham DH8 6FE3
£120K08/210.74 mi22, Steadings Court, Consett, Durham DH8 6GA3
£88.3K05/230.8 mi18, Third Street, Crookhall, Consett, County Durham DH8 7LT3
£105K03/210.82 mi9, Ash Grove, Consett, Durham DH8 6EB3
£151.3K03/230.89 mi10, Oakdale Road, Consett, County Durham DH8 6AT3
£100K05/210.91 mi43, Villa Real Road, Consett, County Durham DH8 6BL3
£124K11/200.93 mi33, Ashdale Road, Consett, Durham DH8 6AU3
£115K07/210.97 mi6, Park Avenue, Consett, County Durham DH8 6AS3
£141K04/230.97 mi17, Meadow Rise, Consett, County Durham DH8 6NS3
£69K10/211 mi39, Woody Close, Consett, County Durham DH8 7HN3

Local Rents

12 rents from £600/mo to £2.9K/mo, average is £738/mo.

RentDateDistanceAddressBeds 
£65004/240.16 mi-3
£65012/240.16 miDunelm Way, Consett, DH83
£65002/240.16 mi-3
£60012/240.16 mi-3
£75012/240.27 miBluebell Close, Leadgate, Consett, DH83
£75012/240.71 miSteading Court, Consett3
£2,85002/251.02 mi-3
£72512/241.07 mi-3
£90012/241.07 mi-3
£69501/251.1 mi-3
£75012/241.15 mi-3
£77502/251.16 mi-3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.36 miles away

Nearest school

0.10 miles away

Nearest train station

7.57 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £129,950

July 30, 2024

Sold for £63,000

2023

Sold for £42,000

2017

Floor Plans

Description

  • NO ONWARD CHAIN +
  • IDEAL FOR FIRST TIME BUYERS +
  • STONE BUILT TERRACE +
  • THREE BEDROOMS +
  • WELL PRESENTED +
  • RECENTLEY RENOVATED +

Hunters are delighted to welcome to the market with no onward chain this three bedroomed terrace property that has recently been fully refurbished to a high standard.

A well presented stone terraced property that will be ideal for first time buyers, the property consists of entrance lobby through to the lounge, beautiful fully fitted kitchen-dining area and also boasts a utility room for added space.

To the first floor there are two double bedrooms, a single bedroom and a stunning newly fitted family bathroom with separate shower cubicle.

To the rear of the property there is a yard.

* INVESTMENT OPPORTUNITY *
* NO ONWARD CHAIN *
Mid Terrace, Lounge, space for Kitchen/ Diner, Utility Room, THREE Bedrooms, Family Bathroom.
GARDEN to the rear.

Agent Details

Hunters, Consett

01207 265957

Next Steps?

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