4 Bed Terraced House, Single Let, Consett, DH8 5FB, £170,000

Queens Gate, Consett, County Durham, DH8 5FB - 5 months ago

Sold STC
BTL
ROI: 1%
~129 m²
+14 photos

ValuationUndervalued

Sold Prices£120K - £505K
Sold Prices/m²£888/m² - £3.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.3K/m²

Value Estimate

£207,400
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£10,600

Total Cash In

£53,100

 

 

Cash Out

 

Rent Range

£715 - £1,150

Rent Estimate

£725

Running Costs/mo

£696

Cashflow/mo

£29

Cashflow/yr

£345

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £120K to £505K, average is £218.5K. £888/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£171K09/210 mi6, Queens Gate, Consett, Durham DH8 5FB4
£125K08/210.1 mi19, Park Road, Consett, Durham DH8 5EA4
£183K12/220.3 mi124, Fenwick Way, Consett, County Durham DH8 5FE4
£505K11/200.32 miBlackfyne House, 162, Durham Road, Blackhill, Consett, Durham DH8 5TN4
£127K04/210.35 mi23, Alexandra Street, Consett, County Durham DH8 5DR4
£175K11/210.35 mi58, Fenwick Way, Consett, Durham DH8 5FE4
£178K12/200.35 mi70, Fenwick Way, Consett, Durham DH8 5FE4
£210K02/210.36 mi22, Laburnum Avenue, Consett, Durham DH8 5TD4
£195K12/200.36 mi11, Fenwick Way, Consett, Durham DH8 5FD4
£220.5K04/210.36 mi48, Fenwick Way, Consett, County Durham DH8 5FD4
£195K04/230.36 mi31, Fenwick Way, Consett, County Durham DH8 5FD4
£275K06/230.48 mi30, Balmoral Grove, Consett, County Durham DH8 6DE4
£120K02/210.49 mi51, Villa Real Road, Consett, Durham DH8 6BL4
£247.5K08/210.5 mi84, Abbotts Way, Consett, County Durham DH8 5XU4
£235K11/220.6 mi12, Newbell Court, Consett, County Durham DH8 6FE4
£225K12/200.6 mi17, Queens Road, Consett, Durham DH8 0BJ4
£185K03/230.6 mi8, Granary Court, Consett, County Durham DH8 6FF4
£200K03/230.6 mi23, Granary Court, Consett, County Durham DH8 6FF4
£217K12/200.61 mi7, Muirfield Close, Consett, Durham DH8 5XE4
£225K11/220.61 mi25, Rolling Mill, Consett, County Durham DH8 6NH4
£247.5K11/200.61 mi26, Rolling Mill, Consett, Durham DH8 6NH4
£265K01/230.62 mi19, Muirfield Close, Consett, County Durham DH8 5XE4
£195K11/200.63 mi23, Newbell Court, Consett, Durham DH8 6FE4
£220K08/210.66 mi33, Mickleton Close, Consett, Durham DH8 7UG4
£225K11/200.68 mi35, Carr House Mews, Consett, Durham DH8 6FD4
£216K03/210.68 mi6, Carr House Mews, Consett, Durham DH8 6FD4
£320K02/230.74 mi14, Turnberry Close, Consett, County Durham DH8 5XG4
£207K12/210.75 mi32, Eggleston Drive, Consett, Durham DH8 7UB4
£222.5K12/200.75 mi36, Eggleston Drive, Consett, Durham DH8 7UB4
£300K03/210.76 mi8, Briarside, Blackhill, Consett, Durham DH8 0AS4
£380K01/230.77 mi80, Queens Road, Consett, County Durham DH8 0BW4
£280K01/230.81 mi16, Eggleston Drive, Consett, County Durham DH8 7UB4
£270K03/230.81 mi3, Cotherstone Close, Consett, County Durham DH8 7UE4
£300K08/210.84 mi11, Benfieldside Road, Consett, County Durham DH8 0SF4
£220K04/210.84 mi6, Holwick Close, Consett, Durham DH8 7UH4
£286K06/230.89 mi48, Holwick Close, Consett, County Durham DH8 7UJ4
£210K12/200.89 mi41, Holwick Close, Consett, Durham DH8 7UJ4
£227K06/230.89 mi47, Holwick Close, Consett, County Durham DH8 7UJ4
£191K07/230.9 mi20, Ovington Close, Templetown, Consett, County Durham DH8 7NY4
£220K11/210.9 mi23, Ovington Close, Templetown, Consett, Durham DH8 7NY4
£240K11/210.9 mi24, Ovington Close, Templetown, Consett, Durham DH8 7NY4
£197.9K03/210.91 mi18, Alston Terrace, Consett, Durham DH8 8JT4
£220K12/220.93 mi19, Priory Close, Consett, County Durham DH8 0SA4
£162.5K11/200.95 mi25, Priory Close, Consett, Durham DH8 0SA4
£203K03/210.95 mi9, Millfield, Templetown, Consett, Durham DH8 7NZ4
£203K03/210.96 mi20, Harwood Close, Templetown, Consett, Durham DH8 7PB4
£180K11/200.96 mi42, Manor Close, Consett, Durham DH8 8BN4
£190K11/220.99 mi10, Manor Close, Consett, County Durham DH8 8BN4
£225K06/210.99 mi8, Askrigg Close, Consett, County Durham DH8 7EF4
£215K07/210.99 mi37, Askrigg Close, Consett, County Durham DH8 7EF4

Local Rents

12 rents from £715/mo to £1.1K/mo, average is £838/mo.

RentDateDistanceAddressBeds 
£77502/250.21 mi-3
£72503/250.23 mi-3
£72512/240.3 mi-3
£71512/240.35 mi-3
£1,00012/240.36 miFenwick Way, Consett4
£75012/240.37 mi-3
£77003/250.37 mi-3
£95012/240.44 mi-4
£1,05011/240.45 mi-5
£90012/240.45 mi-3
£1,15003/250.46 mi-4
£1,15003/250.46 mi-4

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.12 miles away

Nearest school

0.20 miles away

Nearest train station

7.02 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £170,000

November 8, 2024

Floor Plans

Description

  • Spacious Family Home +
  • Close To Town Centre +
  • Four Bedrooms +
  • Kitchen Diner +
  • Enclosed Rear Garden +
  • Garage +
  • Driveway +

A well-presented four-bedroom town house situated on the edge of this modern development and ideal for family occupation.

Built in 2005 by Strathmore Homes, on the Consett Park development, the house has UPVC double glazing and gas central heating, with spacious accommodation comprising, on the ground floor: entrance hallway, a large kitchen/dining room with integrated cooking appliances and French doors to garden, a cloakroom/W.C. and integral garage. To the first floor there is a lounge and two bedrooms, while the second floor has the master bedroom - with an en-suite shower room - a further bedroom and a bathroom. Externally the property has a lawn and decked garden to the rear and a driveway to the front.

EPC Rating C Council Tax Band D

Queens Gate is adjacent to Consett Park and is within walking distance of the town centre, which has a range of shopping and recreational facilities. Consett is ideal for commuting purposes with the A691, A692 and A68 highways providing good road links to Durham, Newcastle and Northumberland.

Agent notes:
Freehold.
Utilities: Connected to mains gas, electricity, water & sewerage.
Broadband (estimated speeds)
Standard 17 mbps
Superfast 80 mbps
Ultrafast 1000 mbps.
Virgin Media not available to the postcode.
Mobile Phone coverage: Good on most major networks
Official Flood Risk:
Rivers & Seas No Risk
Surface Water Low.
The property is situated in a former mining area and standard estate covenants may apply, further details available on request.

Agent Details

J W Wood, Consett

01207 265924

Next Steps?

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