2 Bed Terraced House, Single Let, Consett, DH8 8RD, £129,950

19 Cutlers Hall Road, Consett, DH8 8RD - 5 months ago

Sold STC
BTL
~75 m²
+9 photos

ValuationOvervalued

Sold Prices£48.5K - £235K
Sold Prices/m²£672/m² - £2.6K/m²

 

 

Square Metres

~75.35 m²
Price/m²£1.7K/m²

Value Estimate

£113,025

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,488

Stamp Duty & Legal Fees

£7,797

Total Cash In

£40,284

 

 

Cash Out

 

Rent Range

£475 - £950

Rent Estimate

£513

Running Costs/mo

£529

Cashflow/mo

£-16

Cashflow/yr

£-188

Gross Yield

5%

Local Sold Prices

35 sold prices from £48.5K to £235K, average is £96K. £672/m² to £2.6K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£125K09/210.15 mi47, Cutlers Hall Road, Blackhill, Consett, Durham DH8 8RE2
£125K10/210.15 mi46, Cutlers Hall Road, Blackhill, Consett, Durham DH8 8RE2
£133.5K02/230.15 mi48, Cutlers Hall Road, Blackhill, Consett, County Durham DH8 8RE2
£58K02/210.16 mi24, The Crescent, Bridgehill, Consett, County Durham DH8 8LB2
£85K11/200.23 mi14, St Cuthberts Avenue, Consett, County Durham DH8 0LR2
£98.5K12/200.24 mi60, Cutlers Hall Road, Blackhill, Consett, County Durham DH8 8RG2
£120K08/230.26 mi6, Valley Gardens, Blackhill, Consett, County Durham DH8 8RQ2
£95K05/230.33 mi17, Cortland Road, Consett, County Durham DH8 8QD2
£86K05/230.33 mi8, Chaytor Road, Consett, County Durham DH8 8QB2
£170.5K09/210.34 mi49, Benfield Close, Consett, County Durham DH8 0RH2
£90K06/230.34 mi27, Chaytor Road, Consett, County Durham DH8 8QA2
£155K11/220.42 mi1, Wood Street, Shotley Bridge, Consett, County Durham DH8 0JE2
£187K09/210.45 mi25, St Marys Crescent, Consett, Durham DH8 8PB2
£82K11/210.51 mi8, John Street, Blackhill, Consett, Durham DH8 0AD2
£93K08/210.51 mi24, John Street, Blackhill, Consett, Durham DH8 0AD2
£75.5K07/210.51 mi3, John Street, Blackhill, Consett, Durham DH8 0AD2
£85K01/230.52 mi43, George Street, Blackhill, Consett, County Durham DH8 0AE2
£235K07/230.53 mi4, The Drive, Consett, County Durham DH8 0DL2
£80.8K05/230.53 mi49, Thomas Street, Blackhill, Consett, County Durham DH8 0AB2
£80K02/210.53 mi37, Thomas Street, Blackhill, Consett, County Durham DH8 0AB2
£65K06/230.53 mi57, Thomas Street, Blackhill, Consett, County Durham DH8 0AB2
£107.5K02/210.56 mi10, Cooperative Terrace, Shotley Bridge, Consett, Durham DH8 0HW2
£96K04/230.61 mi43, Derwent Mews, Blackhill, Consett, County Durham DH8 8TU2
£110K05/230.61 mi40, Derwent Mews, Blackhill, Consett, County Durham DH8 8TU2
£132K12/220.61 mi32, Derwent Mews, Blackhill, Consett, County Durham DH8 8TU2
£118K07/210.66 mi5, Moor View, Consett, Durham DH8 5TG2
£90K01/210.71 mi1, St Aidans Place, Consett, County Durham DH8 5SU2
£101K06/230.72 mi12, St Aidans Street, Consett, County Durham DH8 5ST2
£75K09/210.72 mi12, St Aidans Street, Consett, Durham DH8 5ST2
£88K10/210.75 mi6, Dixon Street, Consett, Durham DH8 5UE2
£48.5K04/210.75 mi8, Dixon Street, Consett, Durham DH8 5UE2
£59K11/200.83 mi6, Park Street, Consett, Durham DH8 5UA2
£117.5K04/230.98 mi23, Elm Park Terrace, Consett, County Durham DH8 0NA2
£105K10/200.98 mi15, Elm Park Terrace, Consett, County Durham DH8 0NA2
£130K11/210.98 mi14, Elm Park Terrace, Consett, Durham DH8 0NA2

Local Rents

13 rents from £475/mo to £950/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£95012/240.43 miWood Street, Shotley Bridge2
£47512/240.47 mi-2
£70012/240.63 mi-2
£70003/250.63 mi-2
£70012/240.63 miDerwent Mews, Blackhill, Consett, DH82
£75012/240.8 mi-2
£75002/250.8 mi-2
£95012/240.81 miSnows Green Cottage, Shotley Bridge2
£67510/241.03 mi-2
£60012/241.12 miEmma Street, Consett, Durham, DH82
£52503/251.13 mi-2
£50012/241.15 miBeverley Gardens, Consett, County Durham, DH82
£60012/241.21 mi-2

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.13 miles away

Nearest school

0.30 miles away

Nearest train station

6.11 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £129,950

November 11, 2024

Floor Plans

Description

  • MID TERRACE PROPERTY +
  • PERFECT FOR FIRST TIME BUYERS +
  • INVESTMENT OPPORTUNITY +
  • NO ONWARD CHAIN +
  • TWO DOUBLE BEDROOMS +
  • YARD TO THE REAR +

Introducing a charming two-bedroom terraced house, currently listed for sale. The property offers a delightful blend of tranquillity and convenience, being located close to public transport links, peaceful walking routes, and yet retaining a serene atmosphere.

The house boasts a well-appointed reception room, complete with a cosy fireplace, offering an ideal space for relaxation and entertaining. The kitchen is spacious, featuring ample dining space for family meals. It is further enhanced with patio doors leading to a yard at the rear of the property, inviting an abundance of natural light while providing easy access to outdoor space.

The property offers two double bedrooms, with the primary bedroom benefitting from built-in wardrobes, providing plenty of storage space. The single bathroom is modern, complete with a heated towel rail and spotlights..

To the rear of the property, a yard offers potential for outdoor entertaining or a tranquil spot to enjoy a peaceful morning coffee. The house's unique features, such as the fireplace, add a touch of character and homely warmth to the property.

With no onward chain this home is ideally suited for couples seeking a comfortable living space, or investors looking for a promising opportunity in a desirable location. Offering a blend of comfort, convenience, and potential, this property is a gem waiting to be discovered.

Agent Details

Hunters, Consett

01207 265957

Next Steps?

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