2 Bed Terraced House, Single Let, Consett, DH8 8HE, £115,000

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

BTL
~58 m²
+7 photos

ValuationOvervalued

Sold Prices£45K - £187K
Sold Prices/m²£639/m² - £2.3K/m²

 

 

Square Metres

~57.88 m²
Price/m²£2K/m²

Value Estimate

£69,253

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

£370 - £1,150

Rent Estimate

£483

Running Costs/mo

£476

Cashflow/mo

£7

Cashflow/yr

£84

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £45K to £187K, average is £87.3K. £639/m² to £2.3K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£58K05/230.14 mi73, Dunelm Road, Consett, County Durham DH8 8HR2
£117K11/200.35 mi6, Wesley Terrace, Consett, Durham DH8 9QB2
£110K02/210.36 mi5, Park Terrace, Castleside, Consett, Durham DH8 9QF2
£50K10/210.48 mi38, Welford Road, Consett, County Durham DH8 8AH2
£78K01/210.48 mi10, Pemberton Avenue, Consett, Durham DH8 8AN2
£120K04/210.59 mi11, Selby Gardens, Consett, Durham DH8 8AS2
£185K04/210.59 mi64, Castle Hills, Castleside, Consett, Durham DH8 9RL2
£82K11/200.61 mi3, Belle View Drive, Consett, Durham DH8 9RB2
£102.5K06/230.64 mi6, Drover Terrace, Consett, County Durham DH8 9QY2
£85K02/210.65 mi8, The Rise, Consett, County Durham DH8 9RA2
£104K06/230.67 mi20, Arkless Grove, The Grove, Consett, County Durham DH8 8AB2
£87K10/210.68 mi38, Moorland Crescent, Consett, Durham DH8 9RG2
£80K01/210.74 mi16, Rowley Bank, Consett, Durham DH8 9QT2
£116K06/210.78 mi12, Front Street, Castleside, Consett, County Durham DH8 9AR2
£125K02/211.27 mi19, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£75K03/211.27 mi36, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£78.5K12/201.28 mi21, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£155K06/231.28 mi41, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£105K08/211.29 mi66, Romany Drive, Consett, Durham DH8 5XL2
£50.5K03/231.32 mi27, Knitsley Gardens, Consett, County Durham DH8 7NR2
£48K05/231.32 mi21, Knitsley Gardens, Consett, County Durham DH8 7NR2
£88K10/211.32 mi5, Dale Court, Consett, Durham DH8 5DJ2
£126K05/231.34 mi3, Georgia Court, Consett, County Durham DH8 5XN2
£120K05/231.34 mi49, Berry Edge Road, Consett, County Durham DH8 5DS2
£72.5K09/211.34 mi58, Berry Edge Road, Consett, Durham DH8 5DS2
£105K04/231.34 mi39, Berry Edge Road, Consett, County Durham DH8 5DS2
£115K05/211.36 mi52, Stuart Court, Consett, Durham DH8 5GA2
£66K02/211.42 mi2, Alexandra Street, Consett, Durham DH8 5DR2
£49K12/201.42 mi20, Alexandra Street, Consett, Durham DH8 5DR2
£90K06/231.43 mi27, Chaytor Road, Consett, County Durham DH8 8QA2
£88K11/201.43 mi35, Constance Street, Consett, Durham DH8 5DU2
£87.5K11/211.44 mi54, Edith Street, Consett, Durham DH8 5DN2
£75K07/211.44 mi37, Edith Street, Consett, County Durham DH8 5DN2
£88K01/231.45 mi38, Edith Street, Consett, County Durham DH8 5DN2
£86K05/231.45 mi8, Chaytor Road, Consett, County Durham DH8 8QB2
£187K09/211.45 mi25, St Marys Crescent, Consett, Durham DH8 8PB2
£95K05/231.46 mi17, Cortland Road, Consett, County Durham DH8 8QD2
£110K12/221.46 mi18, Temple Forge Mews, Consett, County Durham DH8 5RZ2
£50K01/211.46 mi6, Unsworth Gardens, Consett, County Durham DH8 5RX2
£76K04/211.49 mi1, Kelvin Gardens, Consett, County Durham DH8 5RU2
£45K04/211.5 mi4, Steel Street, Consett, Durham DH8 5EF2
£86K10/201.5 mi3, Steel Street, Consett, Durham DH8 5EF2
£84K06/231.53 mi5, Bertha Street, Consett, County Durham DH8 5DZ2
£88K09/211.54 mi61, Gill Street, Consett, Durham DH8 7JT2
£75K04/231.54 mi50, Gill Street, Consett, County Durham DH8 7JT2
£101K06/231.54 mi12, St Aidans Street, Consett, County Durham DH8 5ST2
£75K09/211.54 mi12, St Aidans Street, Consett, Durham DH8 5ST2
£80K07/211.54 mi32, Taylor Street, Consett, Durham DH8 5RS2
£47.5K11/201.55 mi37, Gill Street, Consett, Durham DH8 7JT2
£90K01/211.56 mi1, St Aidans Place, Consett, County Durham DH8 5SU2

Local Rents

50 rents from £370/mo to £1.1K/mo, average is £685/mo.

RentDateDistanceAddressBeds 
£65010/240.11 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
£60004/251.32 mi-2
£60004/251.32 mi-2
£55012/241.32 miKnitsley Gardens, Consett2
£55012/241.33 mi-2
£52504/251.37 mi-3
£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
£65004/251.47 mi-2
£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
£72501/251.57 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
£79501/251.58 mi-3
£47512/241.61 mi-2
£80012/241.63 mi-3
£79012/241.64 mi-3
£79012/241.64 miDeepdale Drive, Consett, DH83
£60012/241.65 mi-2
£77502/251.65 mi-3
£1,05004/251.67 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

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

Listed for £115,000

February 4, 2025

Floor Plans

Description

  • Ideal First Time Buyer Home +
  • Vacant Possession from April 2025 +
  • Off Road Parking +
  • Gardens +
  • Photovoltaic Solar Panels +
  • Double Glazing and Gas Central Heating +

Situated in a small cul-de-sac, a modern two bedroomed property ideally suited to first-time buyers.

Built in 2012 by Keepmoat Homes, the property benefits from UPVC double glazing, gas central heating, Photovoltaic solar panels, off-road parking, gardens and is available with vacant possession from April 2025. The accommodation includes, an entrance hall, W.C., fitted kitchen with space for a dining area, lounge to the rear with French doors into the garden. On the first floor there is a landing, two bedrooms and a bathroom. There is a small garden to the front of the house and a drive, a lawned garden with a flagged patio to the rear.

Oxford Place is on 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 Tyneside, with the nearby A68 linking Northumberland and Darlington.

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
EPC Rating - B
Council Tax Band - A
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
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?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪