5 Bed Terraced House, Single Let, Consett, DH8 8NP, £275,000

50 Durham Road, Consett, County Durham, DH8 8NP - 6 months ago

Sold STC
BTL
~160 m²
+27 photos

ValuationUndervalued

Sold Prices£161.5K - £565K
Sold Prices/m²£724/m² - £3.5K/m²

 

 

Square Metres

~160 m²
Price/m²£1.7K/m²

Value Estimate

£292,478
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£625 - £1,150

Rent Estimate

£700

Running Costs/mo

£1,019

Cashflow/mo

£-319

Cashflow/yr

£-3,832

Gross Yield

3%

Local Sold Prices

19 sold prices from £161.5K to £565K, average is £315K. £724/m² to £3.5K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£161.5K08/210.23 mi36, Cort Street, Consett, Durham DH8 5SY5
£350K12/200.29 mi30, Queens Road, Consett, Durham DH8 0BL5
£315K12/200.34 mi2, Murray Court, Consett, County Durham DH8 0LY5
£450K10/200.36 mi20, Briar Mews, Blackhill, Consett, Durham DH8 0AT5
£425K02/230.78 mi4, Chepstow Close, Consett, County Durham DH8 0UD5
£565K05/210.81 miVilla Real, 77, Villa Real Road, Consett, County Durham DH8 6BL5
£380K11/220.81 mi14, Aintree Drive, Consett, County Durham DH8 0NT5
£220K07/211.01 mi17, Granary Court, Consett, Durham DH8 6FF5
£242K03/211.27 mi33, Cotherstone Close, Consett, County Durham DH8 7UE5
£250K12/221.35 mi17, Ovington Close, Templetown, Consett, County Durham DH8 7NY5
£380K05/231.51 mi23, Langdon Close, Consett, County Durham DH8 7NG5
£272K04/231.51 mi87, Langdon Close, Consett, County Durham DH8 7NG5
£345K11/221.79 mi4, Highsteads, Medomsley, Consett, County Durham DH8 6QA5
£194K11/202.05 mi64, Hillgarth, Castleside, Consett, Durham DH8 9QD5
£235K11/222.05 mi62, Hillgarth, Castleside, Consett, County Durham DH8 9QD5
£194K11/202.05 mi64, Hillgarth, Castleside, Consett, Durham DH8 9QD5
£311K09/212.26 mi23, Handley Cross, Medomsley, Consett, Durham DH8 6TZ5
£485K07/232.3 mi115, Manor Road, Consett, County Durham DH8 6QL5
£425K02/212.35 mi7, The Garth, Medomsley, Consett, County Durham DH8 6TR5

Local Rents

20 rents from £625/mo to £1.1K/mo, average is £773/mo.

RentDateDistanceAddressBeds 
£72502/250.19 mi-3
£71512/240.24 mi-3
£79502/250.28 mi-3
£62512/240.35 mi-3
£1,00012/240.43 miFenwick Way, Consett4
£69512/240.48 mi-3
£1,15003/250.57 mi-4
£1,15003/250.57 mi-4
£72512/240.66 mi-3
£75012/240.71 mi-3
£77003/250.71 mi-3
£77502/250.72 mi-3
£72503/250.73 mi-3
£99512/240.9 mi-3
£95012/240.95 mi-4
£1,05011/240.96 mi-5
£90012/240.96 mi-3
£75012/241.07 miSteading Court, Consett3
£1,10012/241.09 mi-4
£72512/241.12 miSpiro Court, Consett, Durham, DH83

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.58 miles away

Nearest school

0.30 miles away

Nearest train station

6.56 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £275,000

October 10, 2024

Sold for £195,000

2020

Sold for £177,000

2016

Sold for £137,000

2007

Floor Plans

Description

  • Period Features +
  • 2 Reception Rooms +
  • Lounge with open fire +
  • Open plan living +
  • Bathroom with freestanding bath +
  • Close to amenities +

This impressive 5-bedroom end terraced double fronted property is ideally situated in a prime location, providing easy access to local shops and transport links.

The traditional entrance hallway with wood doors and staircase is spacious and welcoming, decorated in neutral tones. The front lounge with wood flooring features an original open fire, ceiling rose, and coving, creating a cosy atmosphere perfect for relaxing nights in front of the TV.

Across the hallway, there is a second reception room with a log burner that seamlessly flows into the open-plan kitchen diner, offering ample space for family gatherings. The kitchen is fitted with shaker style units and provides ample storage, there is an integrated dishwasher and a gas range style cooker and hob. The kitchen area also benefits from underfloor heating, creating a warm and cosy space. Additionally, the property includes a separate WC and utility room for added convenience.

To the first floor, you'll find a luxurious family bathroom with traditional stained glass door, freestanding bath and walk-in shower, creating the perfect place to unwind at the end of the day. There are two double bedrooms with neutral décor, both currently utilised as home offices- ideal for those who work remotely. There is access to the partially boarded loft via a hatch with pull-down ladders, the loft also has a Velux window installed above the boarded area to provide natural light.

Steps lead to the main landing with a beautiful banister, guiding you to two further double bedrooms to the front and a single bedroom.

Outside, the property boasts a delightful garden at the front with mature shrubs that offer privacy. At the rear, a small south facing courtyard accessed via a pedestrian gate features a charming stone wall, providing a perfect setting for alfresco dining during the warmer months. There is also access to an inset outhouse, which provides handy additional storage.

This property appeals to those seeking a traditional home in an excellent location. It also benefits from a new roof, combi boiler, and double glazing.

Blackhill has a range of shops including an award winning bakery. There are several popular countryside walks and cycle routes, the Derwent Walk is a short stroll from the property. It is also well positioned for access to Newcastle and Durham, both within 16 miles, making it an excellent location from which to commute.

The village of Shotley Bridge is a short walk and has a charming range of local shops and amenities including a primary school (infant and junior schools). The nearest town of Consett is approximately 1 mile away and provides a wider range of shops, supermarkets and sporting facilities.

Council Tax Band: B (DurhamCountyCouncil)
Tenure: Freehold

Agent Details

Harrington Brown Property Ltd, Shotley Bridge

01202 125843

Next Steps?

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