3 Bed Terraced House, Single Let, Consett, DH8 5RT, £115,000

Roseberry Terrace, Consett, Durham, DH8 5RT - 2 months ago

Sold STC
BTL
ROI: 7%
~163 m²
+8 photos

ValuationUndervalued

Sold Prices£62K - £231K
Sold Prices/m²£597/m² - £2.1K/m²

 

 

Square Metres

~163 m²
Price/m²£706/m²

Value Estimate

£138,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Rent Range

£725 - £2,850

Rent Estimate

£725

Running Costs/mo

£524

Cashflow/mo

£201

Cashflow/yr

£2,408

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £62K to £231K, average is £123.3K. £597/m² to £2.1K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£65K05/230.02 mi25, Taylor Street, Consett, County Durham DH8 5RS3
£105K01/210.02 mi10, Taylor Street, Consett, Durham DH8 5RS3
£75.5K01/230.02 mi18, Taylor Street, Consett, County Durham DH8 5RS3
£100K03/210.06 mi8, West Parade, Consett, County Durham DH8 5RR3
£117K06/230.08 mi6, Palmerston Street, Consett, County Durham DH8 5RF3
£97K12/200.21 mi21, Southernwood, Consett, Durham DH8 6GD3
£140K01/230.24 mi8, Cardoon Road, Consett, County Durham DH8 6GG3
£130K03/230.24 mi12, Cardoon Road, Consett, County Durham DH8 6GG3
£141K04/230.25 mi17, Meadow Rise, Consett, County Durham DH8 6NS3
£200K11/220.26 mi19, Middleton Close, Consett, County Durham DH8 7UQ3
£118.5K04/230.26 mi12, The Green, Consett, County Durham DH8 5BG3
£113K07/210.26 mi6, The Green, Consett, County Durham DH8 5BG3
£135K02/230.28 mi62, Berry Edge Road, Consett, County Durham DH8 5DS3
£214.5K02/230.28 mi14, Middleton Close, Consett, County Durham DH8 7UQ3
£135K01/230.31 mi30, Gladstone Street, Consett, County Durham DH8 6AQ3
£95.5K12/200.32 mi10, Dale Court, Consett, Durham DH8 5DJ3
£214K06/210.32 mi30, Green Street, Consett, Durham DH8 5LP3
£204K06/230.32 mi34, Grassholme Close, Consett, County Durham DH8 7UL3
£231K08/230.32 mi14, Grassholme Close, Consett, County Durham DH8 7UL3
£115K07/210.35 mi6, Park Avenue, Consett, County Durham DH8 6AS3
£101K04/210.35 mi9, Clarendon Street, Consett, Durham DH8 5LS3
£180K11/200.37 mi42, Stuart Court, Consett, Durham DH8 5GA3
£155K07/210.37 mi53, Stuart Court, Consett, Durham DH8 5GA3
£105K11/200.38 mi12, Generation Place, Consett, Durham DH8 5XT3
£104K02/230.4 mi24, Gloucester Road, Consett, County Durham DH8 7LL3
£77K03/210.4 mi22, Gloucester Road, Consett, County Durham DH8 7LL3
£170K12/220.41 mi80, Holwick Close, Consett, County Durham DH8 7UJ3
£124K11/200.41 mi33, Ashdale Road, Consett, Durham DH8 6AU3
£137K12/210.42 mi135, Medomsley Road, Consett, County Durham DH8 5HL3
£70K10/210.43 mi41, Berksyde, Consett, County Durham DH8 7LJ3
£62K02/210.43 mi28, Fairfield, Consett, County Durham DH8 7HA3
£65K02/230.43 mi8, Fairfield, Consett, County Durham DH8 7HA3
£88.5K05/210.44 mi6, Barr House Avenue, Consett, County Durham DH8 5NE3
£135K05/230.45 mi20, Romany Drive, Consett, County Durham DH8 5XL3
£105K03/210.46 mi9, Ash Grove, Consett, Durham DH8 6EB3
£151.3K03/230.47 mi10, Oakdale Road, Consett, County Durham DH8 6AT3
£153.5K10/210.49 mi171, Medomsley Road, Consett, Durham DH8 5HU3
£145K02/230.51 mi39, Askrigg Close, Consett, County Durham DH8 7EF3
£88.3K05/230.52 mi18, Third Street, Crookhall, Consett, County Durham DH8 7LT3
£120K08/210.53 mi22, Steadings Court, Consett, Durham DH8 6GA3
£180K01/210.53 mi17, Redmire Drive, Consett, Durham DH8 7EL3
£175K09/210.54 mi87, Redmire Drive, Consett, County Durham DH8 7EL3
£70K01/210.55 mi50, Old Hall Road, Consett, County Durham DH8 7HU3
£107K06/230.55 mi56, Old Hall Road, Consett, County Durham DH8 7HU3
£125K01/210.57 mi37, Aynsley Terrace, Consett, Durham DH8 5NQ3
£170K02/230.57 mi4, Horton Close, Consett, County Durham DH8 7EN3
£127.1K03/210.59 mi20, Deepdale Drive, Consett, County Durham DH8 7EH3
£122.5K09/210.6 mi63, Langdon Close, Consett, Durham DH8 7NG3
£115.5K12/200.6 mi43, Langdon Close, Consett, Durham DH8 7NG3
£169.9K11/200.6 mi20, Newbell Court, Consett, Durham DH8 6FE3

Local Rents

14 rents from £725/mo to £2.9K/mo, average is £773/mo.

RentDateDistanceAddressBeds 
£90012/240.15 mi-3
£72503/250.26 mi-3
£72512/240.29 miSpiro Court, Consett, Durham, DH83
£77502/250.32 mi-3
£75012/240.4 mi-3
£77003/250.4 mi-3
£2,85002/250.5 mi-3
£75012/240.51 mi-3
£79512/240.53 miAskrigg Close, Consett3
£75012/240.57 miSteading Court, Consett3
£79012/240.59 mi-3
£79012/240.59 miDeepdale Drive, Consett, DH83
£80001/250.59 mi-3
£72512/240.6 mi-3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.40 miles away

Nearest school

0.30 miles away

Nearest train station

7.50 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £115,000

January 20, 2025

Floor Plans

Description

  • Three Bedroom Terrace +
  • No Onward Chain +
  • Town Centre Location +
  • Approximate Floor Area 112 Sq Mtrs/ 1205 Sq Ft. +
  • Council Tax Band A +
  • EPC - TBC +

Offered to the market with the convenience of no onward chain, this three bedroom terraced property is located within Consett Town Centre. The property has benefitted from a newly installed kitchen and bathroom and with the accommodation it offers as well as off road parking, this property will certainly appeal to many potential buyers.

Internally, the property briefly comprises of a conservatory, lounge through to a dining area, stylish kitchen, three well proportioned bedrooms and a modern bathroom. Additionally there is also a loft room that is accessed via a staircase, this is not been carried out to regulations.

Externally to the front of the property is a paved garden and to the rear off road parking is available for one vehicle.

Roseberry Terrace is located within Consett Town Centre making its location ideal for being able to walk to the towns many amenities and facilities. Excellent transport links are also located nearby to the property and the regional cities of Durham and Newcastle are both within 15 miles of the property.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QCO230401/2

Agent Details

YOUR MOVE Chris Stonock, Consett

01207 265949

Next Steps?

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