2 Bed Terraced House, Single Let, Consett, DH8 5DS, £130,000

Berry Edge Road, Consett, County Durham, DH8 5DS - 6 months ago

Sold STC
BTL
~68 m²
+13 photos

ValuationOvervalued

Sold Prices£39K - £155K
Sold Prices/m²£639/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£71,565

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

£475 - £900

Rent Estimate

£478

Running Costs/mo

£522

Cashflow/mo

£-44

Cashflow/yr

£-526

Gross Yield

4%

Local Sold Prices

50 sold prices from £39K to £155K, average is £80K. £639/m² to £2.3K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£120K05/230.01 mi49, Berry Edge Road, Consett, County Durham DH8 5DS2
£72.5K09/210.01 mi58, Berry Edge Road, Consett, Durham DH8 5DS2
£105K04/230.01 mi39, Berry Edge Road, Consett, County Durham DH8 5DS2
£88K10/210.04 mi5, Dale Court, Consett, Durham DH8 5DJ2
£66K02/210.1 mi2, Alexandra Street, Consett, Durham DH8 5DR2
£49K12/200.1 mi20, Alexandra Street, Consett, Durham DH8 5DR2
£88K11/200.11 mi35, Constance Street, Consett, Durham DH8 5DU2
£87.5K11/210.12 mi54, Edith Street, Consett, Durham DH8 5DN2
£75K07/210.12 mi37, Edith Street, Consett, County Durham DH8 5DN2
£88K01/230.12 mi38, Edith Street, Consett, County Durham DH8 5DN2
£115K05/210.13 mi52, Stuart Court, Consett, Durham DH8 5GA2
£105K08/210.18 mi66, Romany Drive, Consett, Durham DH8 5XL2
£126K05/230.19 mi3, Georgia Court, Consett, County Durham DH8 5XN2
£50K01/210.24 mi6, Unsworth Gardens, Consett, County Durham DH8 5RX2
£84K06/230.24 mi5, Bertha Street, Consett, County Durham DH8 5DZ2
£45K04/210.25 mi4, Steel Street, Consett, Durham DH8 5EF2
£86K10/200.25 mi3, Steel Street, Consett, Durham DH8 5EF2
£110K12/220.26 mi18, Temple Forge Mews, Consett, County Durham DH8 5RZ2
£76K04/210.26 mi1, Kelvin Gardens, Consett, County Durham DH8 5RU2
£80K07/210.3 mi32, Taylor Street, Consett, Durham DH8 5RS2
£132K08/210.33 mi45, Medomsley Road, Consett, County Durham DH8 5HG2
£68K10/210.33 mi9, West Parade, Consett, County Durham DH8 5RR2
£95K01/230.34 mi28, West Parade, Consett, County Durham DH8 5RR2
£88K09/210.35 mi61, Gill Street, Consett, Durham DH8 7JT2
£75K04/230.35 mi50, Gill Street, Consett, County Durham DH8 7JT2
£47.5K11/200.35 mi37, Gill Street, Consett, Durham DH8 7JT2
£125K02/210.35 mi19, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£75K03/210.35 mi36, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£78.5K12/200.37 mi21, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£155K06/230.37 mi41, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£65K04/230.38 mi116, Medomsley Road, Consett, County Durham DH8 5HS2
£68K04/210.41 mi18, Forster Street, Consett, Durham DH8 7JU2
£39K04/230.42 mi4, Cobden Street, Consett, County Durham DH8 6AH2
£94K09/210.43 mi9, Forster Street, Consett, County Durham DH8 7JU2
£87K12/220.43 mi6, Forster Street, Consett, County Durham DH8 7JU2
£85K03/230.43 mi14, Windsor Gardens, Consett, County Durham DH8 7JW2
£80K06/210.44 mi13, Windsor Gardens, Consett, Durham DH8 7JW2
£87.5K03/230.45 mi9, Barr Hills, Consett, County Durham DH8 5NB2
£50.5K03/230.45 mi27, Knitsley Gardens, Consett, County Durham DH8 7NR2
£48K05/230.45 mi21, Knitsley Gardens, Consett, County Durham DH8 7NR2
£71K02/210.48 mi4, Tyne Street, Consett, County Durham DH8 6NN2
£75K10/200.48 mi6, Gladstone Gardens, Consett, County Durham DH8 6AR2
£75K07/230.48 mi1, Gladstone Gardens, Consett, County Durham DH8 6AR2
£99K07/230.49 mi14, Park Avenue, Consett, County Durham DH8 6AS2
£80K05/230.5 mi34, Aynsley Terrace, Consett, County Durham DH8 5NQ2
£88K01/210.52 mi7, Northfield View, Consett, Durham DH8 6AW2
£70K01/210.52 mi87, Sherburn Terrace, Consett, Durham DH8 6NE2
£68K03/230.55 mi8, Allison Street, Consett, County Durham DH8 5JD2
£101K06/230.6 mi12, St Aidans Street, Consett, County Durham DH8 5ST2
£75K09/210.6 mi12, St Aidans Street, Consett, Durham DH8 5ST2

Local Rents

22 rents from £475/mo to £900/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£60012/240.04 miThe Green, Consett, County Durham, DH82
£47512/240.05 mi-2
£55012/240.06 miConstance Street, Consett, County Durham, DH82
£60012/240.11 mi-2
£60012/240.15 mi-2
£72012/240.23 mi-2
£67510/240.28 mi-2
£52503/250.29 mi-2
£60012/240.33 mi-2
£52512/240.38 miSouthernwood, Consett2
£90012/240.38 mi-2
£60012/240.39 mi-2
£62512/240.41 miRosemary Close, Consett2
£60012/240.42 mi-2
£50012/240.42 miBeverley Gardens, Consett, County Durham, DH82
£55012/240.43 mi-2
£74503/250.45 mi-2
£60001/250.45 mi-2
£55012/240.45 miKnitsley Gardens, Consett2
£55012/240.45 mi-2
£47512/240.47 mi-2
£55012/240.5 miGladstone Gardens, Consett, Durham, DH82

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.25 miles away

Nearest school

0.20 miles away

Nearest train station

7.33 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £130,000

October 22, 2024

Floor Plans

Description

  • Immaculate Throughout +
  • Two Bedrooms +
  • Landscaped Rear Garden +
  • Driveway and additional allocated parking space +
  • Modern Kitchen & Diner +
  • Town Centre Location +

A well-presented modern end of terrace with a landscaped rear garden, situated in a cul-de-sac location in the centre of Consett.

Built in 2007 by Wimpey Homes, the house has UPVC double glazing and combi. boiler and offers accommodation comprising: entrance hall open into fitted kitchen, spacious W.C., living room with French doors out to the rear garden, first floor landing to the large main bedroom, a second bedroom and a modern bathroom with a fitted with a white suite that includes a mains-fed shower over the bath.

The property has a freehold title but there is an annual estate maintenance charge of £160

EPC Rating C Council Tax Band A

Berry Edge Road is part of a modern development of two, three and four-bedroomed houses, conveniently situated close to the wide range of shopping and recreational facilities in Consett town centre, including the retail park and leisure centre, while there are local schools including Consett Academy. There are regular bus services from the town centre with the major road links facilitating an easy commute to the regional centres of Durham and Newcastle - both within 14 miles. There are also nearby countryside walks and cycle routes including the Derwent Walk and Coast-to-Coast.

Agents Notes:
Freehold.
Mains Electric/Gas/Water & Drainage.
Flood Risk: Rivers & Seas = No Risk - Surface Water - Very Low
Good Mobile coverage on all major networks
Broadband (estimated speeds)
Standard 17 mbps
Superfast 80 mbps
Ultrafast 1000 mbps
Sky & BT Tv Connection available
Covenants: The property is subject to standard restrictive covenants, further details can be provided on request.
Located in a former mining area.

Agent Details

J W Wood, Consett

01207 265924

Next Steps?

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