2 Bed Terraced House, Single Let, Consett, DH8 5XT, £105,000

Generation Place, Consett, Durham, DH8 5XT - 2 months ago

BTL
ROI: 1%
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£39K - £155K
Sold Prices/m²£639/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£71,565

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,350

Total Cash In

£30,600

 

 

Cash Out

 

Rent Range

£475 - £900

Rent Estimate

£475

Running Costs/mo

£443

Cashflow/mo

£32

Cashflow/yr

£383

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £39K to £155K, average is £80K. £639/m² to £2.3K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£88K10/210.09 mi5, Dale Court, Consett, Durham DH8 5DJ2
£105K08/210.09 mi66, Romany Drive, Consett, Durham DH8 5XL2
£115K05/210.12 mi52, Stuart Court, Consett, Durham DH8 5GA2
£120K05/230.13 mi49, Berry Edge Road, Consett, County Durham DH8 5DS2
£72.5K09/210.13 mi58, Berry Edge Road, Consett, Durham DH8 5DS2
£105K04/230.13 mi39, Berry Edge Road, Consett, County Durham DH8 5DS2
£126K05/230.13 mi3, Georgia Court, Consett, County Durham DH8 5XN2
£88K11/200.2 mi35, Constance Street, Consett, Durham DH8 5DU2
£87.5K11/210.21 mi54, Edith Street, Consett, Durham DH8 5DN2
£75K07/210.21 mi37, Edith Street, Consett, County Durham DH8 5DN2
£88K01/230.22 mi38, Edith Street, Consett, County Durham DH8 5DN2
£66K02/210.22 mi2, Alexandra Street, Consett, Durham DH8 5DR2
£49K12/200.22 mi20, Alexandra Street, Consett, Durham DH8 5DR2
£45K04/210.27 mi4, Steel Street, Consett, Durham DH8 5EF2
£86K10/200.27 mi3, Steel Street, Consett, Durham DH8 5EF2
£84K06/230.28 mi5, Bertha Street, Consett, County Durham DH8 5DZ2
£50K01/210.36 mi6, Unsworth Gardens, Consett, County Durham DH8 5RX2
£110K12/220.38 mi18, Temple Forge Mews, Consett, County Durham DH8 5RZ2
£76K04/210.38 mi1, Kelvin Gardens, Consett, County Durham DH8 5RU2
£80K07/210.42 mi32, Taylor Street, Consett, Durham DH8 5RS2
£132K08/210.42 mi45, Medomsley Road, Consett, County Durham DH8 5HG2
£125K02/210.43 mi19, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£75K03/210.43 mi36, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£65K04/230.44 mi116, Medomsley Road, Consett, County Durham DH8 5HS2
£78.5K12/200.44 mi21, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£155K06/230.44 mi41, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£68K10/210.45 mi9, West Parade, Consett, County Durham DH8 5RR2
£95K01/230.46 mi28, West Parade, Consett, County Durham DH8 5RR2
£88K09/210.46 mi61, Gill Street, Consett, Durham DH8 7JT2
£75K04/230.46 mi50, Gill Street, Consett, County Durham DH8 7JT2
£47.5K11/200.47 mi37, Gill Street, Consett, Durham DH8 7JT2
£87.5K03/230.48 mi9, Barr Hills, Consett, County Durham DH8 5NB2
£39K04/230.52 mi4, Cobden Street, Consett, County Durham DH8 6AH2
£50.5K03/230.53 mi27, Knitsley Gardens, Consett, County Durham DH8 7NR2
£48K05/230.53 mi21, Knitsley Gardens, Consett, County Durham DH8 7NR2
£80K05/230.53 mi34, Aynsley Terrace, Consett, County Durham DH8 5NQ2
£68K04/210.53 mi18, Forster Street, Consett, Durham DH8 7JU2
£101K06/230.54 mi12, St Aidans Street, Consett, County Durham DH8 5ST2
£75K09/210.54 mi12, St Aidans Street, Consett, Durham DH8 5ST2
£94K09/210.55 mi9, Forster Street, Consett, County Durham DH8 7JU2
£87K12/220.55 mi6, Forster Street, Consett, County Durham DH8 7JU2
£85K03/230.55 mi14, Windsor Gardens, Consett, County Durham DH8 7JW2
£90K01/210.55 mi1, St Aidans Place, Consett, County Durham DH8 5SU2
£80K06/210.56 mi13, Windsor Gardens, Consett, Durham DH8 7JW2
£75K10/200.58 mi6, Gladstone Gardens, Consett, County Durham DH8 6AR2
£75K07/230.58 mi1, Gladstone Gardens, Consett, County Durham DH8 6AR2
£68K03/230.58 mi8, Allison Street, Consett, County Durham DH8 5JD2
£99K07/230.59 mi14, Park Avenue, Consett, County Durham DH8 6AS2
£71K02/210.59 mi4, Tyne Street, Consett, County Durham DH8 6NN2
£48.5K04/210.6 mi8, Dixon Street, Consett, Durham DH8 5UE2

Local Rents

22 rents from £475/mo to £900/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£60012/240.02 mi-2
£60012/240.15 miThe Green, Consett, County Durham, DH82
£47512/240.15 mi-2
£67510/240.17 mi-2
£55012/240.17 miConstance Street, Consett, County Durham, DH82
£60012/240.24 mi-2
£52503/250.31 mi-2
£72012/240.35 mi-2
£60012/240.4 mi-2
£50012/240.46 miBeverley Gardens, Consett, County Durham, DH82
£52512/240.48 miSouthernwood, Consett2
£60012/240.49 mi-2
£90012/240.49 mi-2
£60012/240.49 mi-2
£62512/240.51 miRosemary Close, Consett2
£55012/240.52 mi-2
£60001/250.53 mi-2
£55012/240.53 miKnitsley Gardens, Consett2
£74504/250.57 mi-2
£47512/240.57 mi-2
£55012/240.57 mi-2
£55012/240.61 miGladstone Gardens, Consett, Durham, DH82

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.26 miles away

Nearest school

0.20 miles away

Nearest train station

7.26 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £105,000

February 14, 2025

Floor Plans

Description

  • Two Bedroom Terrace House +
  • No Onward Chain +
  • Town Centre Location +
  • Approximate Floor Area 60 Sq Mtrs/ 646 Sq Ft. +
  • Council Tax Band A +
  • EPC Rating C +

Offered to the market with the benefit of no onward chain, this two bedroom terraced house is conveniently situated within Consett Town Centre and would make an ideal first time purchase or investment opportunity.

Internally the property briefly comprises of an entrance hallway with storage cupboard and downstairs WC, a modern kitchen with ample wall and base units, a spacious lounge with french doors that lead into the garden, two bedrooms and a bathroom.

Externally to the rear of the property is a sizeable garden which is mainly laid to lawn and the property also benefits from one allocated parking space.

Generation Place is situated within Consett Town Centre, making its location ideal for access to the towns many amenities and facilities. Excellent transport links are accessible from the property for commuting and the regional cities of Newcastle and Durham are both located 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.

QCO250064/2

Agent Details

YOUR MOVE Chris Stonock, Consett

01207 265949

Next Steps?

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