2 Bed Terraced House, Single Let, Consett, DH8 0SD, £90,000

Benfieldside Road, Consett, County Durham, DH8 0SD - 4 months ago

Sold STC
BTL
ROI: 3%
~61 m²
+4 photos

ValuationFair Value

Sold Prices£45K - £235K
Sold Prices/m²£643/m² - £2.6K/m²

 

 

Square Metres

~61.20 m²
Price/m²£1.5K/m²

Value Estimate

£88,950

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£475 - £950

Rent Estimate

£475

Running Costs/mo

£396

Cashflow/mo

£79

Cashflow/yr

£945

ROI

3%

Gross Yield

6%

Local Sold Prices

46 sold prices from £45K to £235K, average is £91.5K. £643/m² to £2.6K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£133.5K02/230.1 mi48, Cutlers Hall Road, Blackhill, Consett, County Durham DH8 8RE2
£125K09/210.1 mi47, Cutlers Hall Road, Blackhill, Consett, Durham DH8 8RE2
£125K10/210.1 mi46, Cutlers Hall Road, Blackhill, Consett, Durham DH8 8RE2
£98.5K12/200.13 mi60, Cutlers Hall Road, Blackhill, Consett, County Durham DH8 8RG2
£85K11/200.15 mi14, St Cuthberts Avenue, Consett, County Durham DH8 0LR2
£120K08/230.19 mi6, Valley Gardens, Blackhill, Consett, County Durham DH8 8RQ2
£58K02/210.25 mi24, The Crescent, Bridgehill, Consett, County Durham DH8 8LB2
£170.5K09/210.26 mi49, Benfield Close, Consett, County Durham DH8 0RH2
£95K05/230.29 mi17, Cortland Road, Consett, County Durham DH8 8QD2
£86K05/230.3 mi8, Chaytor Road, Consett, County Durham DH8 8QB2
£90K06/230.32 mi27, Chaytor Road, Consett, County Durham DH8 8QA2
£82K11/210.34 mi8, John Street, Blackhill, Consett, Durham DH8 0AD2
£93K08/210.34 mi24, John Street, Blackhill, Consett, Durham DH8 0AD2
£75.5K07/210.34 mi3, John Street, Blackhill, Consett, Durham DH8 0AD2
£85K01/230.34 mi43, George Street, Blackhill, Consett, County Durham DH8 0AE2
£187K09/210.34 mi25, St Marys Crescent, Consett, Durham DH8 8PB2
£80.8K05/230.36 mi49, Thomas Street, Blackhill, Consett, County Durham DH8 0AB2
£80K02/210.36 mi37, Thomas Street, Blackhill, Consett, County Durham DH8 0AB2
£65K06/230.36 mi57, Thomas Street, Blackhill, Consett, County Durham DH8 0AB2
£235K07/230.42 mi4, The Drive, Consett, County Durham DH8 0DL2
£96K04/230.45 mi43, Derwent Mews, Blackhill, Consett, County Durham DH8 8TU2
£110K05/230.45 mi40, Derwent Mews, Blackhill, Consett, County Durham DH8 8TU2
£132K12/220.45 mi32, Derwent Mews, Blackhill, Consett, County Durham DH8 8TU2
£155K11/220.49 mi1, Wood Street, Shotley Bridge, Consett, County Durham DH8 0JE2
£118K07/210.49 mi5, Moor View, Consett, Durham DH8 5TG2
£90K01/210.55 mi1, St Aidans Place, Consett, County Durham DH8 5SU2
£101K06/230.56 mi12, St Aidans Street, Consett, County Durham DH8 5ST2
£75K09/210.56 mi12, St Aidans Street, Consett, Durham DH8 5ST2
£88K10/210.58 mi6, Dixon Street, Consett, Durham DH8 5UE2
£48.5K04/210.58 mi8, Dixon Street, Consett, Durham DH8 5UE2
£107.5K02/210.6 mi10, Cooperative Terrace, Shotley Bridge, Consett, Durham DH8 0HW2
£59K11/200.65 mi6, Park Street, Consett, Durham DH8 5UA2
£117.5K04/230.88 mi23, Elm Park Terrace, Consett, County Durham DH8 0NA2
£105K10/200.88 mi15, Elm Park Terrace, Consett, County Durham DH8 0NA2
£130K11/210.88 mi14, Elm Park Terrace, Consett, Durham DH8 0NA2
£80K05/230.92 mi34, Aynsley Terrace, Consett, County Durham DH8 5NQ2
£71.5K12/220.93 mi4, Emma Street, Consett, County Durham DH8 5NP2
£90K07/210.93 mi9, Emma Street, Consett, Durham DH8 5NP2
£126K05/230.96 mi3, Georgia Court, Consett, County Durham DH8 5XN2
£45K04/210.97 mi4, Steel Street, Consett, Durham DH8 5EF2
£86K10/200.97 mi3, Steel Street, Consett, Durham DH8 5EF2
£62.5K04/210.97 mi9, Balfour Gardens, Consett, Durham DH8 5JL2
£105K08/210.97 mi66, Romany Drive, Consett, Durham DH8 5XL2
£107.5K11/200.97 mi284, Medomsley Road, Consett, County Durham DH8 5JP2
£87.5K03/230.98 mi9, Barr Hills, Consett, County Durham DH8 5NB2
£68K03/230.98 mi8, Allison Street, Consett, County Durham DH8 5JD2

Local Rents

21 rents from £475/mo to £950/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£47512/240.31 mi-2
£70012/240.47 mi-2
£70003/250.47 mi-2
£70012/240.47 miDerwent Mews, Blackhill, Consett, DH82
£95012/240.49 miWood Street, Shotley Bridge2
£75012/240.65 mi-2
£75003/250.65 mi-2
£95012/240.74 miSnows Green Cottage, Shotley Bridge2
£67510/240.9 mi-2
£60012/240.93 miEmma Street, Consett, Durham, DH82
£52503/250.97 mi-2
£50012/240.98 miBeverley Gardens, Consett, County Durham, DH82
£60012/241.07 mi-2
£60012/241.11 mi-2
£60012/241.13 mi-2
£47512/241.14 mi-2
£55012/241.15 miConstance Street, Consett, County Durham, DH82
£60012/241.18 miThe Green, Consett, County Durham, DH82
£60012/241.22 mi-2
£65012/241.22 miArkless Grove, The Grove, Consett, Durham, DH8 8AB2
£55012/241.24 miPriestman Avenue, The Grove, Consett, Durham, DH82

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.97 miles away

Nearest school

0.10 miles away

Nearest train station

6.21 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £90,000

January 23, 2025

Price changed to £95,000

December 19, 2024

Listed for £99,950

November 22, 2024

Floor Plans

Description

  • Popular Location +
  • Stone Terrace +
  • Generous Rear Garden +
  • No Forward Chain +
  • Vacant Possession +
  • Two Bedrooms +

A stone end of terrace property with two bedrooms, a split-level rear garden with gated access to provide off-street parking, situated along this popular road between Shotley Bridge and Blackhill. The property is available with no forward chain and vacant possession.

The house has uPVC double glazing and gas central heating and offers accommodation comprising: entrance hallway, living room, fitted kitchen, and bathroom on the ground floor. First floor landing leads to two bedrooms. There are steps to the front up to the entrance and enclosed front garden, while to the rear there is a tiered garden with an outbuilding and offers a perfect space for extending subject to the relevant planning and consent.

EPC Rating D Council Tax Band A

The house is situated roughly midway along Benfieldside Road, within half a mile of Shotley Bridge village and Blackhill - both of which have shops and cafes, as well as renowned schools including Shotley Bridge Primary school. It is approximately 1.7 miles from Consett town centre, which has further amenities, and there are excellent road links to Durham and Newcastle - both within 15 miles - and across the River Derwent into Northumberland. There are popular countryside walks and cycle routes nearby, including the Derwent Walk and the Coast-to-Coast track.

Agent notes:
Tenure: Freehold
Utilities: Mains gas, electricity, water and sewerage.
Mobile Phone Signal: Good Coverage from O2, Average from Vodaphone, Three & EE.
Broadband Estimated speed:
Standard 6 Mbps
Superfast 81 Mbps
Ultrafast 1000 Mbps
Flood Risk: Rivers & Seas - No Risk, Surface Water - Low.
Covenants: Standard covenants may apply on this property, information can be provided on request.
Mining: Please note this property is situated in a former mining area.

Agent Details

J W Wood, Consett

01207 265924

Next Steps?

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