3 Bed Terraced House, Single Let, Consett, DH8 8HE, £125,000

Oxford Place, Consett, County Durham, DH8 8HE - 3 months ago

BTL
~93 m²
+6 photos

ValuationOvervalued

Sold Prices£48K - £162K
Sold Prices/m²£808/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£108,970

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Total Cash In

£38,700

 

 

Cash Out

 

Rent Range

£370 - £1,150

Rent Estimate

£485

Running Costs/mo

£508

Cashflow/mo

£-23

Cashflow/yr

£-271

Gross Yield

5%

Local Sold Prices

28 sold prices from £48K to £162K, average is £99K. £808/m² to £2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£80K06/230.12 mi48, Surrey Crescent, Consett, County Durham DH8 8HU3
£95K04/210.14 mi67, Dunelm Road, Consett, County Durham DH8 8HR3
£77.5K10/200.15 mi4, Kent Road, Consett, County Durham DH8 8HN3
£71K10/200.16 mi23, Norfolk Road, Consett, County Durham DH8 8DD3
£87K12/220.16 mi29, Norfolk Road, Consett, County Durham DH8 8DD3
£98K12/210.19 mi143, Surrey Crescent, Consett, Durham DH8 8DF3
£100K04/230.23 mi6, Derby Drive, Consett, County Durham DH8 8DA3
£110K02/230.25 mi15, Lincoln Road, Consett, County Durham DH8 8EB3
£48K06/230.28 mi9, York Avenue, Consett, County Durham DH8 8DS3
£86.5K05/230.28 mi1, York Avenue, Consett, County Durham DH8 8DS3
£126K05/230.3 mi21, Cumberland Road, Consett, County Durham DH8 8DW3
£85K12/220.32 mi5, Lancaster Road, Consett, County Durham DH8 8DR3
£103.5K10/200.35 mi12, Wesley Terrace, Consett, County Durham DH8 9QB3
£129.9K12/220.35 mi57, Warwick Avenue, Consett, County Durham DH8 8DP3
£80K07/210.37 mi18, Park Terrace, Castleside, Consett, Durham DH8 9QF3
£145K01/230.37 mi82, Essex Avenue, Consett, County Durham DH8 8DG3
£80K04/230.38 mi52, Thornfield Road, Consett, County Durham DH8 8AY3
£162K01/230.39 mi26, Wesley Gardens, Consett, County Durham DH8 9QE3
£145K06/210.42 mi12, Hillgarth, Castleside, Consett, Durham DH8 9QD3
£75K02/230.46 mi31, The Bye, Consett, County Durham DH8 8AJ3
£141K04/210.47 mi17, Maudville, Consett, Durham DH8 9QG3
£70K05/230.47 mi17, Thornfield Road, Consett, County Durham DH8 8AX3
£100K05/230.55 mi37, Cedar Gardens, Consett, County Durham DH8 8AU3
£150K09/210.61 mi9, Belle View Drive, Consett, Durham DH8 9RB3
£130K07/230.61 mi10, Belle View Drive, Consett, County Durham DH8 9RB3
£116K03/210.66 mi49, Consett Road, Consett, Durham DH8 9QL3
£80.5K05/210.67 mi62, Arkless Grove, The Grove, Consett, County Durham DH8 8AB3
£115K11/220.73 mi5, Moorland View, Consett, County Durham DH8 9QU3

Local Rents

50 rents from £370/mo to £1.1K/mo, average is £698/mo.

RentDateDistanceAddressBeds 
£65011/240.11 mi-2
£55012/240.56 miPriestman Avenue, The Grove, Consett, Durham, DH82
£65012/240.61 miArkless Grove, The Grove, Consett, Durham, DH8 8AB2
£99512/240.89 mi-3
£1,15003/251.15 mi-4
£1,15003/251.15 mi-4
£67510/241.22 mi-2
£75012/241.25 mi-3
£77003/251.25 mi-3
£60012/241.25 mi-2
£1,00012/241.28 miFenwick Way, Consett4
£72512/241.3 miSpiro Court, Consett, Durham, DH83
£60012/241.31 mi-2
£60012/241.31 miThe Green, Consett, County Durham, DH82
£60001/251.32 mi-2
£55012/241.32 miKnitsley Gardens, Consett2
£55012/241.33 mi-2
£47512/241.37 mi-2
£55012/241.38 miConstance Street, Consett, County Durham, DH82
£62512/241.39 mi-3
£72012/241.41 mi-2
£71512/241.45 mi-3
£60012/241.47 mi-2
£69512/241.5 mi-3
£37012/241.53 miChurch Street, Consett, DH81
£72503/251.54 mi-3
£52503/251.55 mi-2
£79512/241.55 miAskrigg Close, Consett3
£72502/251.57 mi-3
£70012/241.58 mi-2
£70003/251.58 mi-2
£70012/241.58 miDerwent Mews, Blackhill, Consett, DH82
£49512/241.58 mi-1
£51010/241.58 mi-1
£79502/251.58 mi-3
£47512/241.61 mi-2
£80001/251.63 mi-3
£79012/241.64 mi-3
£79012/241.64 miDeepdale Drive, Consett, DH83
£60012/241.65 mi-2
£77502/251.65 mi-3
£1,05011/241.67 mi-5
£90012/241.67 mi-2
£90012/241.67 mi-3
£49512/241.67 miCleadon Street, Consett, Durham, DH81
£95012/241.69 mi-4
£55012/241.69 mi-2
£74504/251.69 mi-2
£52512/241.69 miSouthernwood, Consett2
£50012/241.7 miBeverley Gardens, Consett, County Durham, DH82

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.50 miles away

Nearest school

0.40 miles away

Nearest train station

7.71 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £125,000

March 16, 2025

Listed for £130,000

January 24, 2025

Floor Plans

Description

  • Ideal First Time Buyer Home +
  • Photovoltaic Solar Panels +
  • Off Road Parking +
  • Gardens +
  • Cul de Sac Position +
  • Double Glazing and Gas Central Heating +

A well-presented three-bedroomed mid-terraced house with Photovoltaic solar panels (including feed-in tariff), a low maintenance, tiered garden - on three levels - and with an en suite shower room and fitted wardrobes to the main bedroom.

Built in 2013, by Keepmoat, the house in the middle of a block of three in a cul-de-sac at the edge of this modern estate in Moorside and has a double-length parking space adjacent to the neighbouring driveway. The accommodation comprises: entrance hall, W.C., fitted kitchen diner, living room with French doors to the rear garden, first floor landing to the master bedroom - with fitted wardrobes and en suite - two further bedrooms and a bathroom, fitted with a white suite. The garden has a flagged patio area immediately out from the French doors - and a wooden shed - with steps up to the grassed area in the middle and further steps to the flagged seating area at the top.

Oxford Place is a cul-de-sac situated at the edge of The Croft - an estate of modern houses located approximately a mile-and-a-half from Consett town centre, which provides shopping and recreational facilities and schools. There are major road links serving the regional centres of Durham and Newcastle - both within 16 miles - with the nearby A68 linking Northumberland and Darlington. There are popular countryside walks and cycle routes in the area, including within the nearby North Pennines Area of Outstanding Natural Beauty.

MATERIAL INFORMATION:
In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance

PART A
Local Authority – Durham County Council - band B
Tenure – Freehold

PART B
Property Type – Terraced
Property Construction – Standard
Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls
Electricity supply – Mains & solar panels.
Water Supply - Mains
Sewerage – Mains
Heating - Mains Gas Fired Boiler with radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website -

Estimated Broadband Download speeds – please refer to the Ofcom Website –
Parking: Driveway

PART C
Building Safety – The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm
Restrictions - There are restrictive covenants on the property, further details available on request.
Rights & Easements- NA
Flood risk – Very Low
Coastal Erosion - NA
Protected Trees – NA
Conservation area – NA
Accessibility – The Property has not been altered for accessibility
Mining Area – The property is situated in a coal mining reporting area.

No other Material Information disclosures have been made by the vendor. This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing. However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.

Agent Details

J W Wood, Consett

01207 265924

Next Steps?

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