2 Bed Bungalow, Single Let, Consett, DH8 6JX, £69,000
Second Street, Bradley Bungalows, Consett, DH8 6JX - 4 months ago
Auction
BTL
ROI: 9%
~67 m²





+9 photos
ValuationUndervalued
Sold Prices | £47K - £174.6K |
Sold Prices/m² | £801/m² - £2.2K/m² |
| |
Square Metres | ~66.50 m² |
Price/m² | £1K/m² |
Value Estimate | £84,180 |
BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £17,250 |
Stamp Duty & Legal Fees | £4,650 |
Total Cash In | £21,900 |
| |
Cash Out | |
Rent Range | £475 - £750 |
Rent Estimate | £495 |
Running Costs/mo | £335 |
Cashflow/mo | £160 |
Cashflow/yr | £1,925 |
ROI | 9% |
Gross Yield | 9% |
Local Sold Prices
25 sold prices from £47K to £174.6K, average is £95K. £801/m² to £2.2K/m², average is £1.3K/m².
Local Rents
12 rents from £475/mo to £750/mo, average is £600/mo.
Local Area Statistics
Population in DH8 | 38,324 |
Population in Consett | 38,379 |
Town centre distance | 1.39 miles away |
Nearest school | 0.70 miles away |
Nearest train station | 6.72 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +9% |
Sales demand | Seller's market |
Capital growth (5yrs) | +14% |
Property History
Listed for £69,000
December 21, 2024
Floor Plans

Description
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