3 Bed Terraced House, Single Let, Consett, DH8 0AE, £139,000

George Street, Blackhill, Consett, DH8 0AE - 4 months ago

BTL
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£60K - £315K
Sold Prices/m²£628/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£132,857

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£34,750

Stamp Duty & Legal Fees

£5,550

Total Cash In

£40,300

 

 

Cash Out

 

Rent Range

£625 - £995

Rent Estimate

£475

Running Costs/mo

£549

Cashflow/mo

£-74

Cashflow/yr

£-892

Gross Yield

4%

Local Sold Prices

50 sold prices from £60K to £315K, average is £135K. £628/m² to £2.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£126K03/210.01 mi6, George Street, Blackhill, Consett, County Durham DH8 0AE3
£135K04/210.01 mi28, George Street, Blackhill, Consett, Durham DH8 0AE3
£100K11/200.06 mi29, Thomas Street, Blackhill, Consett, Durham DH8 0AB3
£215K01/210.08 mi11, Kings Road, Consett, County Durham DH8 0AH3
£169K04/230.09 mi50, Ritsons Road, Consett, County Durham DH8 0AL3
£150K07/230.24 mi26, Laburnum Avenue, Consett, County Durham DH8 5TD3
£80K08/210.26 mi31, Dixon Street, Consett, Durham DH8 5UE3
£97.5K12/220.26 mi32, Dixon Street, Consett, County Durham DH8 5UE3
£160K04/210.3 mi21, St Andrews Road, Consett, Durham DH8 8NX3
£135K05/210.31 miCory House, Brockwell Lane, Consett, County Durham DH8 5UP3
£78K11/210.32 mi12, Roger Street, Consett, County Durham DH8 5SX3
£130K11/210.32 mi13, Roger Street, Consett, Durham DH8 5SX3
£168.5K06/230.34 mi80, Benfieldside Road, Consett, County Durham DH8 0SD3
£105K03/210.34 mi53, Rosedale Avenue, Consett, County Durham DH8 0DZ3
£93K06/210.34 mi5, Valley Gardens, Blackhill, Consett, County Durham DH8 8RQ3
£115K12/200.34 mi29, Valley Gardens, Blackhill, Consett, Durham DH8 8RQ3
£93K12/200.35 mi37, St Marys Crescent, Consett, County Durham DH8 8PA3
£84K02/210.36 mi29, Laburnum Avenue, Consett, Durham DH8 5SZ3
£76K10/210.36 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£105K03/230.36 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£140K03/230.37 mi8, Rosedale Avenue, Consett, County Durham DH8 0DY3
£216.5K06/210.39 mi22, Priory Close, Consett, Durham DH8 0SA3
£91K03/210.4 mi3, Cragside Court, Consett, Durham DH8 8TG3
£200K04/210.4 mi79, Cutlers Hall Road, Blackhill, Consett, Durham DH8 8RF3
£147K07/210.41 mi54, Woodlands Road, Consett, County Durham DH8 0DH3
£130K12/200.42 mi22, Benfield Close, Consett, Durham DH8 0RH3
£110K05/210.42 mi22, Queensway, Consett, County Durham DH8 0RU3
£135K11/200.42 mi146, Benfieldside Road, Consett, Durham DH8 0RP3
£230K04/230.42 mi150, Benfieldside Road, Consett, County Durham DH8 0RP3
£197.5K12/200.42 mi150, Benfieldside Road, Consett, Durham DH8 0RP3
£150K07/230.42 mi5, Clarence Gardens, Consett, County Durham DH8 5TU3
£147K07/210.44 mi10, Northstead Drive, Consett, County Durham DH8 0RX3
£90K02/230.45 mi11, Chaytor Road, Consett, County Durham DH8 8QA3
£157.5K12/200.45 mi32, Queensway, Consett, County Durham DH8 0RZ3
£78.5K10/210.47 mi16, High Ridge, Consett, County Durham DH8 8TJ3
£96K05/230.51 mi98, Fenwick Way, Consett, County Durham DH8 5FE3
£197.5K02/210.52 mi12, Glenside, Consett, Durham DH8 0DN3
£60K12/210.54 mi89, Chaytor Road, Consett, Durham DH8 8QP3
£127.5K12/200.55 mi10, The Promenade, Consett, Durham DH8 5NJ3
£315K04/230.55 mi11, Briary Gardens, Consett, County Durham DH8 0RE3
£289.8K02/230.55 mi4, The Mount, Shotley Bridge, Consett, County Durham DH8 0DW3
£118K12/200.56 mi24, Cutlers Avenue, Consett, Durham DH8 0AX3
£138K03/230.56 mi43, Fenwick Way, Consett, County Durham DH8 5FD3
£185K12/200.56 mi7, Caturani Way, Consett, County Durham DH8 0UG3
£135K04/230.58 mi19, The Crescent, Shotley Bridge, Consett, County Durham DH8 0JA3
£145K12/210.58 mi58, Backstone Road, Consett, County Durham DH8 8QG3
£280K03/210.58 miPinetrees, Church Bank, Consett, Durham DH8 0NW3
£167K08/210.58 mi20, Alston Road, Consett, Durham DH8 8JU3
£145K10/200.58 mi12, Alston Road, Consett, County Durham DH8 8JU3
£125K01/210.59 mi37, Aynsley Terrace, Consett, Durham DH8 5NQ3

Local Rents

14 rents from £625/mo to £995/mo, average is £738/mo.

RentDateDistanceAddressBeds 
£72502/250.2 mi-3
£79502/250.27 mi-3
£71512/240.35 mi-3
£62512/240.4 mi-3
£69512/240.48 mi-3
£72512/240.7 mi-3
£77502/250.8 mi-3
£75012/240.82 mi-3
£77003/250.82 mi-3
£72503/250.82 mi-3
£99512/241.02 mi-3
£90012/241.05 mi-3
£75012/241.12 miSteading Court, Consett3
£72512/241.23 miSpiro Court, Consett, Durham, DH83

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.68 miles away

Nearest school

0.20 miles away

Nearest train station

6.45 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £139,000

March 8, 2025

Listed for £145,000

November 24, 2024

Sold for £27,375

2000

Floor Plans

Description

  • Modern Kitchen Diner +
  • Multi Fuel Burning Stove +
  • Three Bedrooms +
  • Two Reception Rooms +
  • Desirable Street +
  • Bay Windows +
  • Enclosed Rear Yard +

A recently modernised and well presented terraced home with a stunning upgraded kitchen, situated in a popular location in Blackhill, close to shops and facilities in the village.

The house has uPVC double glazing and gas central heating via combi boiler and provides accommodation comprising: entrance porch, Hallway, living room with feature bay window and multi-fuel burning stove, double doors the kitchen diner with fitted units, snug, utility area and a shower room on the ground floor. To the first floor; landing to two double bedrooms, a third bedroom and a WC. There is an attractive, enclosed rear yard and a small gated garden to the front.

EPC Rating C. Council Tax Band A

George Street is situated off Queens Road, close to shops and facilities along Durham Road in Blackhill, with further shops, cafes and restaurants in nearby Shotley Bridge. It is approximately a mile-and-a-quarter from Consett town centre, which has further amenities including the retail park at Puddlers Corner, the leisure centre and Consett Academy secondary school. It is within 15 miles of Durham and Newcastle, which are accessed via the A691 and A692. There are nearby countryside walks and cycle routes including the Derwent Walk and the Coast-to-Coast.

Agent notes:
Freehold.
Utilities: Connected to mains gas, electricity, water & sewerage.
Broadband (estimated speeds)
Standard12 mbps
Superfast 44 mbps
Ultrafast 1000 mbps.
Virgin Media cable available to the postcode.
Mobile Phone coverage: Good on Vodafone, Three, O2 and EE.
Official Flood Risk:
Rivers & Seas No Risk
Surface Water Very Low.
The property is situated in a former mining area and covenants apply, further details available on request.

Agent Details

J W Wood, Consett

01207 265924

Next Steps?

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