3 Bed Terraced House, Single Let, Consett, DH8 5TD, £130,000

Laburnum Avenue, Blackhill, DH8 5TD - 6 months ago

Under Offer
BTL
ROI: 4%
~117 m²
+28 photos

ValuationUndervalued

Sold Prices£76K - £216.5K
Sold Prices/m²£628/m² - £2.5K/m²

 

 

Square Metres

~116.96 m²
Price/m²£1.1K/m²

Value Estimate

£145,030
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,800

Total Cash In

£40,300

 

 

Cash Out

 

Rent Range

£625 - £995

Rent Estimate

£708

Running Costs/mo

£568

Cashflow/mo

£140

Cashflow/yr

£1,682

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £76K to £216.5K, average is £126.8K. £628/m² to £2.5K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£150K07/230 mi26, Laburnum Avenue, Consett, County Durham DH8 5TD3
£80K08/210.02 mi31, Dixon Street, Consett, Durham DH8 5UE3
£97.5K12/220.02 mi32, Dixon Street, Consett, County Durham DH8 5UE3
£135K05/210.15 miCory House, Brockwell Lane, Consett, County Durham DH8 5UP3
£84K02/210.16 mi29, Laburnum Avenue, Consett, Durham DH8 5SZ3
£78K11/210.17 mi12, Roger Street, Consett, County Durham DH8 5SX3
£130K11/210.17 mi13, Roger Street, Consett, Durham DH8 5SX3
£76K10/210.18 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£105K03/230.18 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£100K11/200.2 mi29, Thomas Street, Blackhill, Consett, Durham DH8 0AB3
£150K07/230.21 mi5, Clarence Gardens, Consett, County Durham DH8 5TU3
£126K03/210.24 mi6, George Street, Blackhill, Consett, County Durham DH8 0AE3
£135K04/210.24 mi28, George Street, Blackhill, Consett, Durham DH8 0AE3
£215K01/210.3 mi11, Kings Road, Consett, County Durham DH8 0AH3
£169K04/230.33 mi50, Ritsons Road, Consett, County Durham DH8 0AL3
£127.5K12/200.35 mi10, The Promenade, Consett, Durham DH8 5NJ3
£96K05/230.35 mi98, Fenwick Way, Consett, County Durham DH8 5FE3
£125K01/210.36 mi37, Aynsley Terrace, Consett, Durham DH8 5NQ3
£115K12/200.39 mi4, The Crescent, Consett, County Durham DH8 5JE3
£96K02/210.39 mi85, The Crescent, Consett, County Durham DH8 5JE3
£160K04/210.4 mi21, St Andrews Road, Consett, Durham DH8 8NX3
£138K03/230.4 mi43, Fenwick Way, Consett, County Durham DH8 5FD3
£104.5K02/210.41 mi7, Chartwell Place, Consett, County Durham DH8 5JJ3
£88.5K05/210.44 mi6, Barr House Avenue, Consett, County Durham DH8 5NE3
£135K04/210.44 mi268, Medomsley Road, Consett, County Durham DH8 5JW3
£93K12/200.46 mi37, St Marys Crescent, Consett, County Durham DH8 8PA3
£82K09/210.47 mi298, Medomsley Road, Consett, County Durham DH8 5JP3
£110K12/200.47 mi302, Medomsley Road, Consett, County Durham DH8 5JP3
£91K03/210.47 mi3, Cragside Court, Consett, Durham DH8 8TG3
£153.5K10/210.48 mi171, Medomsley Road, Consett, Durham DH8 5HU3
£137K12/210.5 mi135, Medomsley Road, Consett, County Durham DH8 5HL3
£183K04/230.51 mi1, Fairways, Consett, County Durham DH8 5NT3
£93K06/210.52 mi5, Valley Gardens, Blackhill, Consett, County Durham DH8 8RQ3
£115K12/200.52 mi29, Valley Gardens, Blackhill, Consett, Durham DH8 8RQ3
£140K06/210.52 mi28, Elsdon Gardens, Consett, Durham DH8 5NS3
£169.9K12/220.52 mi27, Elsdon Gardens, Consett, County Durham DH8 5NS3
£135K05/230.52 mi20, Romany Drive, Consett, County Durham DH8 5XL3
£101K04/210.53 mi9, Clarendon Street, Consett, Durham DH8 5LS3
£180K11/200.53 mi42, Stuart Court, Consett, Durham DH8 5GA3
£155K07/210.53 mi53, Stuart Court, Consett, Durham DH8 5GA3
£214K06/210.54 mi30, Green Street, Consett, Durham DH8 5LP3
£78.5K10/210.55 mi16, High Ridge, Consett, County Durham DH8 8TJ3
£183K11/200.56 mi7, Balmoral Grove, Consett, Durham DH8 6DE3
£168.5K06/230.57 mi80, Benfieldside Road, Consett, County Durham DH8 0SD3
£105K03/210.57 mi53, Rosedale Avenue, Consett, County Durham DH8 0DZ3
£90K02/230.58 mi11, Chaytor Road, Consett, County Durham DH8 8QA3
£140K03/230.59 mi8, Rosedale Avenue, Consett, County Durham DH8 0DY3
£200K04/210.61 mi79, Cutlers Hall Road, Blackhill, Consett, Durham DH8 8RF3
£216.5K06/210.61 mi22, Priory Close, Consett, Durham DH8 0SA3
£95.5K12/200.62 mi10, Dale Court, Consett, Durham DH8 5DJ3

Local Rents

14 rents from £625/mo to £995/mo, average is £738/mo.

RentDateDistanceAddressBeds 
£71512/240.21 mi-3
£72502/250.36 mi-3
£79502/250.45 mi-3
£72512/240.49 mi-3
£62512/240.49 mi-3
£77502/250.56 mi-3
£72503/250.58 mi-3
£75012/240.62 mi-3
£77003/250.62 mi-3
£69512/240.64 mi-3
£90012/240.81 mi-3
£99512/240.87 mi-3
£75012/240.9 miSteading Court, Consett3
£72512/241.01 miSpiro Court, Consett, Durham, DH83

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.44 miles away

Nearest school

0.50 miles away

Nearest train station

6.67 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £130,000

March 20, 2025

Listed for £135,000

October 6, 2024

Floor Plans

Description

  • Stone Built +
  • Period Terrace +
  • Period Features +
  • Garden to rear +
  • Off-street parking +
  • Awaiting EPC +

Introducing Laburnum Avenue, a stunning THREE-bedroom period stone-built terraced property nestled near the picturesque Blackhill Park and steeped in history, having been constructed in the late 1800s.

This charming property welcomes you with a vestibule and a hallway leading to a cosy lounge featuring alcove storage and sliding doors that open onto a delightful dining room. From there, you'll find yourself in the well-appointed kitchen, complete with integrated appliances such as a fridge freezer, dryer, and washing machine. The kitchen boasts a range of wall and base units, along with a convenient under-stairs pantry, offering ample storage space.

Ascending to the first floor, a split-level landing leads to a bright and airy bathroom and three inviting bedrooms, offering comfortable living spaces for the whole family.

Outside, the property presents a small forecourt garden to the front, complemented by a block-paved rear garden that provides off-street parking. Additionally, there is an outhouse toilet and a storage shed, offering practical amenities for everyday living.

While the property is in need of refurbishment, it presents an exciting opportunity for those with a passion for restoring period homes to their full glory. With its timeless charm and fantastic potential, Laburnum Avenue is a project waiting to be transformed into a dream home.

Council Tax Band: B
Tenure: Freehold

Agent Details

Harrington Brown Property Ltd, Shotley Bridge

01202 125843

Next Steps?

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