3 Bed Terraced House, Single Let, Consett, DH8 5EB, £79,500

Park Road, Consett, County Durham, DH8 5EB - 5 months ago

Sold STC
BTL
ROI: 13%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£65K - £214K
Sold Prices/m²£597/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£855/m²

Value Estimate

£98,580
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,875

Stamp Duty & Legal Fees

£5,175

Total Cash In

£25,050

 

 

Cash Out

 

Rent Range

£600 - £2,850

Rent Estimate

£669

Running Costs/mo

£402

Cashflow/mo

£267

Cashflow/yr

£3,201

ROI

13%

Gross Yield

10%

Local Sold Prices

50 sold prices from £65K to £214K, average is £116K. £597/m² to £2.1K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£88.5K05/210.11 mi6, Barr House Avenue, Consett, County Durham DH8 5NE3
£214K06/210.14 mi30, Green Street, Consett, Durham DH8 5LP3
£101K04/210.14 mi9, Clarendon Street, Consett, Durham DH8 5LS3
£137K12/210.17 mi135, Medomsley Road, Consett, County Durham DH8 5HL3
£125K01/210.2 mi37, Aynsley Terrace, Consett, Durham DH8 5NQ3
£180K11/200.21 mi42, Stuart Court, Consett, Durham DH8 5GA3
£155K07/210.21 mi53, Stuart Court, Consett, Durham DH8 5GA3
£153.5K10/210.22 mi171, Medomsley Road, Consett, Durham DH8 5HU3
£135K05/230.27 mi20, Romany Drive, Consett, County Durham DH8 5XL3
£95.5K12/200.28 mi10, Dale Court, Consett, Durham DH8 5DJ3
£135K02/230.29 mi62, Berry Edge Road, Consett, County Durham DH8 5DS3
£140K01/230.3 mi8, Cardoon Road, Consett, County Durham DH8 6GG3
£130K03/230.3 mi12, Cardoon Road, Consett, County Durham DH8 6GG3
£115K12/200.32 mi4, The Crescent, Consett, County Durham DH8 5JE3
£96K02/210.32 mi85, The Crescent, Consett, County Durham DH8 5JE3
£150K07/230.32 mi5, Clarence Gardens, Consett, County Durham DH8 5TU3
£135K01/230.32 mi30, Gladstone Street, Consett, County Durham DH8 6AQ3
£84K02/210.33 mi29, Laburnum Avenue, Consett, Durham DH8 5SZ3
£97K12/200.33 mi21, Southernwood, Consett, Durham DH8 6GD3
£127.5K12/200.33 mi10, The Promenade, Consett, Durham DH8 5NJ3
£104.5K02/210.34 mi7, Chartwell Place, Consett, County Durham DH8 5JJ3
£118.5K04/230.34 mi12, The Green, Consett, County Durham DH8 5BG3
£113K07/210.34 mi6, The Green, Consett, County Durham DH8 5BG3
£105K11/200.35 mi12, Generation Place, Consett, Durham DH8 5XT3
£135K04/210.35 mi268, Medomsley Road, Consett, County Durham DH8 5JW3
£115K07/210.36 mi6, Park Avenue, Consett, County Durham DH8 6AS3
£96K05/230.37 mi98, Fenwick Way, Consett, County Durham DH8 5FE3
£138K03/230.37 mi43, Fenwick Way, Consett, County Durham DH8 5FD3
£117K06/230.38 mi6, Palmerston Street, Consett, County Durham DH8 5RF3
£124K11/200.38 mi33, Ashdale Road, Consett, Durham DH8 6AU3
£76K10/210.39 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£105K03/230.39 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£78K11/210.39 mi12, Roger Street, Consett, County Durham DH8 5SX3
£130K11/210.39 mi13, Roger Street, Consett, Durham DH8 5SX3
£97.5K12/220.4 mi32, Dixon Street, Consett, County Durham DH8 5UE3
£80K08/210.4 mi31, Dixon Street, Consett, Durham DH8 5UE3
£151.3K03/230.42 mi10, Oakdale Road, Consett, County Durham DH8 6AT3
£150K07/230.42 mi26, Laburnum Avenue, Consett, County Durham DH8 5TD3
£75.5K01/230.42 mi18, Taylor Street, Consett, County Durham DH8 5RS3
£100K03/210.43 mi8, West Parade, Consett, County Durham DH8 5RR3
£135K05/210.43 miCory House, Brockwell Lane, Consett, County Durham DH8 5UP3
£65K05/230.43 mi25, Taylor Street, Consett, County Durham DH8 5RS3
£105K01/210.43 mi10, Taylor Street, Consett, Durham DH8 5RS3
£82K09/210.43 mi298, Medomsley Road, Consett, County Durham DH8 5JP3
£110K12/200.43 mi302, Medomsley Road, Consett, County Durham DH8 5JP3
£141K04/230.45 mi17, Meadow Rise, Consett, County Durham DH8 6NS3
£105K03/210.5 mi9, Ash Grove, Consett, Durham DH8 6EB3
£100K05/210.51 mi43, Villa Real Road, Consett, County Durham DH8 6BL3
£183K11/200.51 mi7, Balmoral Grove, Consett, Durham DH8 6DE3
£120K08/210.57 mi22, Steadings Court, Consett, Durham DH8 6GA3

Local Rents

24 rents from £600/mo to £2.9K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£72503/250.16 mi-3
£77502/250.16 mi-3
£72512/240.33 mi-3
£75012/240.33 mi-3
£77003/250.33 mi-3
£90012/240.39 mi-3
£71512/240.39 mi-3
£75012/240.6 miSteading Court, Consett3
£72512/240.62 miSpiro Court, Consett, Durham, DH83
£99512/240.68 mi-3
£72501/250.73 mi-3
£62512/240.79 mi-3
£79501/250.82 mi-3
£2,85002/250.89 mi-3
£75012/240.92 mi-3
£79512/240.95 miAskrigg Close, Consett3
£69512/240.98 mi-3
£79012/241.01 mi-3
£79012/241.01 miDeepdale Drive, Consett, DH83
£80012/241.01 mi-3
£75012/241.03 miBluebell Close, Leadgate, Consett, DH83
£60012/241.16 mi-3
£70012/241.23 miChapel Drive, Consett, DH83
£69501/251.24 mi-3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.07 miles away

Nearest school

0.20 miles away

Nearest train station

7.08 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £79,500

October 29, 2024

Description

Sylvester Properties are delighted to welcome to the sales market this ideal first time buy or investment opportunity! Three-bedroom end of terrace property located in the centre of Consett.

The floorplan briefly compromises of an entrance hallway, lounge, kitchen/dining room, downstairs shower room, three bedrooms and a family bathroom.

Entrance Hall
As you step inside, you'll be greeted by a welcoming entrance hallway.

Lounge
The family lounge boasts modern décor, complete with a stylish stone effect feature wall and a large walk-in double glazed bay window that floods the room with natural light.

Kitchen/Dining Room
The modern kitchen/dining room features a range of wall and base units, an integrated oven, a gas hob with an extractor hood, and eye-catching herringbone effect flooring. Double glazed patio doors open up to the rear yard.

Shower Room
Convenience is key with a downstairs shower room that includes a walk-in shower, hand basin, and WC, fitted with wood effect flooring and cladding walls.

Master Bedroom
Upstairs, the large master bedroom is fitted with grey carpeting, neutral walls, and a double-glazed bay window.

Bedroom Two
The second double bedroom features modern décor, wood effect flooring, wall mounted radiator and a double-glazed window.

Bedroom Three
The third bedroom offers ample space for a single bed, complete with neutral walls, wall mounted radiator and a double-glazed window.

Bathroom
The family bathroom features a corner bath with an overhead shower, a hand basin, and a WC.

External
Step outside to find an enclosed rear yard with two outhouses, perfect for additional storage.

This property is conveniently located near excellent transport links, local amenities, and schools, making it an attractive choice.

Agent Details

Sylvester Properties, Stanley

01202 145447

Next Steps?

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