3 Bed Semi-Detached House, Single Let, Consett, DH8 0AE, £145,000

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

BTL
ROI: 2%
~93 m²
+22 photos

ValuationOvervalued

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

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£132,873

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,850

Total Cash In

£45,100

 

 

Cash Out

 

Rent Range

£525 - £995

Rent Estimate

£705

Running Costs/mo

£614

Cashflow/mo

£91

Cashflow/yr

£1,091

ROI

2%

Gross Yield

6%

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 
£169K04/230.04 mi50, Ritsons Road, Consett, County Durham DH8 0AL3
£126K03/210.06 mi6, George Street, Blackhill, Consett, County Durham DH8 0AE3
£135K04/210.06 mi28, George Street, Blackhill, Consett, Durham DH8 0AE3
£100K11/200.09 mi29, Thomas Street, Blackhill, Consett, Durham DH8 0AB3
£215K01/210.09 mi11, Kings Road, Consett, County Durham DH8 0AH3
£160K04/210.26 mi21, St Andrews Road, Consett, Durham DH8 8NX3
£168.5K06/230.28 mi80, Benfieldside Road, Consett, County Durham DH8 0SD3
£93K06/210.29 mi5, Valley Gardens, Blackhill, Consett, County Durham DH8 8RQ3
£115K12/200.29 mi29, Valley Gardens, Blackhill, Consett, Durham DH8 8RQ3
£150K07/230.29 mi26, Laburnum Avenue, Consett, County Durham DH8 5TD3
£105K03/210.31 mi53, Rosedale Avenue, Consett, County Durham DH8 0DZ3
£80K08/210.31 mi31, Dixon Street, Consett, Durham DH8 5UE3
£93K12/200.31 mi37, St Marys Crescent, Consett, County Durham DH8 8PA3
£97.5K12/220.31 mi32, Dixon Street, Consett, County Durham DH8 5UE3
£216.5K06/210.33 mi22, Priory Close, Consett, Durham DH8 0SA3
£200K04/210.34 mi79, Cutlers Hall Road, Blackhill, Consett, Durham DH8 8RF3
£78K11/210.35 mi12, Roger Street, Consett, County Durham DH8 5SX3
£130K11/210.35 mi13, Roger Street, Consett, Durham DH8 5SX3
£140K03/230.36 mi8, Rosedale Avenue, Consett, County Durham DH8 0DY3
£91K03/210.36 mi3, Cragside Court, Consett, Durham DH8 8TG3
£110K05/210.37 mi22, Queensway, Consett, County Durham DH8 0RU3
£135K11/200.37 mi146, Benfieldside Road, Consett, Durham DH8 0RP3
£230K04/230.37 mi150, Benfieldside Road, Consett, County Durham DH8 0RP3
£197.5K12/200.37 mi150, Benfieldside Road, Consett, Durham DH8 0RP3
£135K05/210.37 miCory House, Brockwell Lane, Consett, County Durham DH8 5UP3
£147K07/210.38 mi10, Northstead Drive, Consett, County Durham DH8 0RX3
£130K12/200.38 mi22, Benfield Close, Consett, Durham DH8 0RH3
£157.5K12/200.39 mi32, Queensway, Consett, County Durham DH8 0RZ3
£84K02/210.39 mi29, Laburnum Avenue, Consett, Durham DH8 5SZ3
£147K07/210.39 mi54, Woodlands Road, Consett, County Durham DH8 0DH3
£90K02/230.4 mi11, Chaytor Road, Consett, County Durham DH8 8QA3
£76K10/210.42 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£105K03/230.42 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£78.5K10/210.43 mi16, High Ridge, Consett, County Durham DH8 8TJ3
£150K07/230.48 mi5, Clarence Gardens, Consett, County Durham DH8 5TU3
£60K12/210.49 mi89, Chaytor Road, Consett, Durham DH8 8QP3
£118K12/200.5 mi24, Cutlers Avenue, Consett, Durham DH8 0AX3
£197.5K02/210.51 mi12, Glenside, Consett, Durham DH8 0DN3
£315K04/230.52 mi11, Briary Gardens, Consett, County Durham DH8 0RE3
£145K12/210.53 mi58, Backstone Road, Consett, County Durham DH8 8QG3
£135K04/230.53 mi19, The Crescent, Shotley Bridge, Consett, County Durham DH8 0JA3
£96K05/230.53 mi98, Fenwick Way, Consett, County Durham DH8 5FE3
£167K08/210.53 mi20, Alston Road, Consett, Durham DH8 8JU3
£145K10/200.53 mi12, Alston Road, Consett, County Durham DH8 8JU3
£280K03/210.54 miPinetrees, Church Bank, Consett, Durham DH8 0NW3
£289.8K02/230.54 mi4, The Mount, Shotley Bridge, Consett, County Durham DH8 0DW3
£118.5K03/210.56 mi22, Riverside, Consett, County Durham DH8 0JB3
£286.5K10/200.57 mi39, Barley Mill Road, Consett, Durham DH8 8JS3
£138K03/230.58 mi43, Fenwick Way, Consett, County Durham DH8 5FD3
£185K12/200.59 mi7, Caturani Way, Consett, County Durham DH8 0UG3

Local Rents

14 rents from £525/mo to £995/mo, average is £738/mo.

RentDateDistanceAddressBeds 
£72501/250.16 mi-3
£79501/250.22 mi-3
£62512/240.36 mi-3
£71512/240.38 mi-3
£69512/240.42 mi-3
£72512/240.76 mi-3
£75012/240.85 mi-3
£77003/250.85 mi-3
£77502/250.85 mi-3
£72503/250.87 mi-3
£52504/250.93 mi-3
£99512/241.02 mi-3
£90012/241.1 mi-3
£75012/241.18 miSteading Court, Consett3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.72 miles away

Nearest school

0.20 miles away

Nearest train station

6.42 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £145,000

March 12, 2025

Listed for £150,000

January 6, 2025

Floor Plans

Description

Sylvester Properties are delighted to welcome to the sales market this spacious family home located on George Street, Blackhill, within Consett. This property has much to love, with two reception rooms, a grand entrance hallway, kitchen and conservatory to the ground floor. There are also three generously sized bedrooms and a bathroom to the upper level. Externally, the property has much to offer, with a wraparound garden, single garage which can be used for off road parking, as well as a driveway providing additional off road parking. This home is also being offered with no chain, so would make for a stress free first time buy or home move.

Lounge
The lounge is located toward the front of the property, complete with neutral décor throughout comprising of beige carpets, cream walls and a beige feature chimney breast. The main focal point of this space is a bay window which fills the room with light, as well as a traditional fire with hearth.

Dining Room
The open plan dining room is accessed via the lounge, allowing natural light to flow through. Decorated to a high standard with oak effect laminate flooring throughout as well as walls which complement the neutral palette of the lounge perfectly. Patio doors provide access to the kitchen.

Kitchen
The kitchen benefits from a combination of oak wall and base units topped with dark work benches. This well equipped kitchen comes complete with an integrated oven, four ringed hob, under desk fridge and freezer and stainless steel sink. Decorated with neutral walls, spot lighting and light viny flooring.

Conservatory
The conservatory is located toward the rear of the property, with oak effect laminate flooring throughout as well as neutral walls and double glazed windows. A perfect space to relax.

Master Bedroom
The master bedroom is located toward the front elevation of the property, complete with its own bay window overlooking the frontage of the property. Complete with carpet throughout, neutral walls and ample integrated floor to ceiling wardrobes and drawers.

Bedroom Two
Bedroom two is equally as spacious as the master, housing a double bed with ease. Decorated to the matching palette of the remainder of the property with beige and cream tones throughout.

Bedroom Three
Bedroom three is located toward the rear of the home, with white walls and beige carpets. This bedroom would serve ideal use as a dressing room or at home office if three bedrooms are not required.

Bathroom
The bathroom is complete with a three piece white suite comprising of a WC, wash basin and bath with overhead shower. Decorated with dark cladding throughout as well as light vinyl flooring.

External
This home has an abundance of external space, with a well maintained wrap around garden, as well as a single garage and driveway, both of which serve as off road parking for this property.

In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold on behalf of a memeber of our staffs family.

Agent Details

Sylvester Properties, Stanley

01202 145447

Next Steps?

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