2 Bed Bungalow, Single Let, Consett, DH8 7QP, £104,950

17 Dunelm Way, Consett, DH8 7QP - 1 views - 4 months ago

Sold STC
BTL
ROI: 2%
~63 m²
+11 photos

ValuationOvervalued

Sold Prices£39K - £345K
Sold Prices/m²£709/m² - £3K/m²

 

 

Square Metres

~63.45 m²
Price/m²£1.7K/m²

Value Estimate

£68,209

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,238

Stamp Duty & Legal Fees

£6,448

Total Cash In

£32,685

 

 

Cash Out

 

Rent Range

£475 - £900

Rent Estimate

£495

Running Costs/mo

£447

Cashflow/mo

£48

Cashflow/yr

£576

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £39K to £345K, average is £86K. £709/m² to £3K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£67.5K11/210.13 mi49, Willow Crescent, Consett, Durham DH8 7RQ2
£48.3K05/210.14 mi7, Elm Terrace, Consett, County Durham DH8 7QJ2
£82K11/200.14 mi193, Durham Road, Leadgate, Consett, Durham DH8 7QZ2
£60K08/210.3 mi10, Railway Street, Consett, County Durham DH8 6DN2
£47K06/230.36 mi15, South Cross Street, Consett, County Durham DH8 6DJ2
£117K07/210.4 mi2, Ponthead Mews, Consett, Durham DH8 6TD2
£78.8K12/210.43 mi19, Garden Terrace, Consett, County Durham DH8 6ED2
£71.3K03/210.51 mi30, Third Street, Watling Street Bungalows, Consett, Durham DH8 6HT2
£80K05/210.51 mi28, Third Street, Watling Street Bungalows, Consett, County Durham DH8 6HT2
£150K10/200.66 mi16, Villa Real Bungalows, Consett, Durham DH8 6BQ2
£93K03/210.79 mi4, Johnsons Buildings, Iveston, Consett, Durham DH8 7TH2
£95K04/210.82 mi7, First Street, Crookhall, Consett, Durham DH8 7LX2
£105K02/210.84 mi76, Dewhirst Close, Leadgate, Consett, County Durham DH8 6LF2
£75K11/200.89 mi29, Bradley Cottages, Consett, Durham DH8 6JZ2
£345K12/210.9 miThe Croft, Iveston Lane, Consett, Durham DH8 7TD2
£82.5K06/210.92 mi6, Ash Grove, Consett, Durham DH8 6EB2
£174.6K03/230.92 mi10, Villa Real Estate, Consett, County Durham DH8 6BJ2
£95K01/231 mi49, Bradley Cottages, Consett, County Durham DH8 6JY2
£70K01/211.01 mi87, Sherburn Terrace, Consett, Durham DH8 6NE2
£88K01/211.02 mi7, Northfield View, Consett, Durham DH8 6AW2
£81.5K11/201.03 mi12, Walton Terrace, Villa Real, Consett, Durham DH8 6BW2
£71K02/211.05 mi4, Tyne Street, Consett, County Durham DH8 6NN2
£99K07/231.07 mi14, Park Avenue, Consett, County Durham DH8 6AS2
£75K10/201.07 mi6, Gladstone Gardens, Consett, County Durham DH8 6AR2
£75K07/231.07 mi1, Gladstone Gardens, Consett, County Durham DH8 6AR2
£120K03/231.1 mi4, Pleasant View, Medomsley, Consett, County Durham DH8 6RE2
£135K03/231.1 mi13, Pleasant View, Medomsley, Consett, County Durham DH8 6RE2
£147.5K03/211.11 mi192, Greenways, Consett, Durham DH8 7DW2
£147.5K03/211.11 mi192, Greenways, Consett, Durham DH8 7DW2
£39K04/231.12 mi4, Cobden Street, Consett, County Durham DH8 6AH2
£80K06/211.12 mi13, Windsor Gardens, Consett, Durham DH8 7JW2
£85K03/231.13 mi14, Windsor Gardens, Consett, County Durham DH8 7JW2
£140.5K07/211.13 mi24, Douai Drive, Consett, Durham DH8 7DN2
£72K01/231.15 mi1, Percy Terrace, Consett, County Durham DH8 7EY2
£58K08/211.15 mi3, Percy Terrace, Consett, Durham DH8 7EY2
£94K09/211.18 mi9, Forster Street, Consett, County Durham DH8 7JU2
£87K12/221.18 mi6, Forster Street, Consett, County Durham DH8 7JU2
£142.7K07/231.19 mi1, College View, Consett, County Durham DH8 7DP2
£68K04/211.19 mi18, Forster Street, Consett, Durham DH8 7JU2
£68K10/211.22 mi9, West Parade, Consett, County Durham DH8 5RR2
£105K03/231.22 mi263, Medomsley Road, Consett, County Durham DH8 5JR2
£106K04/231.22 mi269, Medomsley Road, Consett, County Durham DH8 5JR2
£95K01/231.23 mi28, West Parade, Consett, County Durham DH8 5RR2
£132K08/211.23 mi45, Medomsley Road, Consett, County Durham DH8 5HG2
£56K03/231.24 mi52, Briardale, Delves Lane, Consett, County Durham DH8 7BD2
£107.5K11/201.24 mi284, Medomsley Road, Consett, County Durham DH8 5JP2
£47.5K11/201.26 mi37, Gill Street, Consett, Durham DH8 7JT2
£62.5K04/211.26 mi9, Balfour Gardens, Consett, Durham DH8 5JL2
£155K08/211.26 mi68, Greenways, Consett, Durham DH8 7DG2
£88K09/211.27 mi61, Gill Street, Consett, Durham DH8 7JT2

Local Rents

15 rents from £475/mo to £900/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£62512/240.18 mi-2
£49505/240.34 mi-2
£49501/250.34 mi-2
£60012/240.42 mi-2
£72512/240.46 mi-2
£60012/240.98 mi-2
£55012/241.04 miGladstone Gardens, Consett, Durham, DH82
£47512/241.07 mi-2
£60012/241.11 mi-2
£74504/251.12 mi-2
£55012/241.12 mi-2
£62512/241.12 miRosemary Close, Consett2
£90012/241.15 mi-2
£52512/241.16 miSouthernwood, Consett2
£60012/241.17 mi-2

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.46 miles away

Nearest school

0.20 miles away

Nearest train station

7.73 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £104,950

January 11, 2025

Listed for £109,950

December 4, 2024

Floor Plans

Description

  • SEMI DETACHED BUNGALOW +
  • TWO BEDROOMS +
  • GARDEN TO REAR +
  • WORKSPACE SPACE +
  • INVESTMENT OPPORTUNITY +

We are delighted to present for sale this neutrally decorated semi detached bungalow.. The property boasts an array of unique features, including a well-maintained garden and a spacious workshop storage facility.

As you enter the property, you are welcomed into a sizeable reception room, bathed in natural light courtesy of the large windows. This room enjoys a pleasing outlook onto the garden, providing a serene setting for relaxation.

The property comprises two double bedrooms, each boasting considerable proportions and offering ample space for furnishings. The wet room bathroom is practically designed, ensuring ease of access and usability.

The heart of the home lies in the generously spaced kitchen, filled with natural light, providing an ideal setting for home cooking. The kitchen, like the rest of the property, has been neutrally decorated, providing a blank canvas for the new owners.

The property is ideally situated with excellent public transport links and local amenities within a stone's throw away. Additionally, families will appreciate the proximity to nearby schools, making the morning school run a breeze.

With Council Tax Band A, the fiscal responsibility associated with this property is notably low, adding to the appeal for first-time buyers or those looking for a smart investment.

Agent Details

Hunters, Consett

01207 265957

Next Steps?

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