2 Bed Terraced House, Single Let, Consett, DH8 7NP, £79,995

Temple Gardens, Consett, DH8 7NP - 2 views - 2 months ago

Sold STC
BTL
ROI: 8%
~68 m²
+14 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£75,361

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,999

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,599

 

 

Cash Out

 

Rent Range

£475 - £900

Rent Estimate

£528

Running Costs/mo

£376

Cashflow/mo

£152

Cashflow/yr

£1,829

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £39K to £155K, average is £82.3K. £639/m² to £2.3K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£50.5K03/230.06 mi27, Knitsley Gardens, Consett, County Durham DH8 7NR2
£48K05/230.06 mi21, Knitsley Gardens, Consett, County Durham DH8 7NR2
£78.5K12/200.07 mi21, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£155K06/230.07 mi41, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£125K02/210.08 mi19, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£75K03/210.08 mi36, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£110K12/220.22 mi18, Temple Forge Mews, Consett, County Durham DH8 5RZ2
£50K01/210.25 mi6, Unsworth Gardens, Consett, County Durham DH8 5RX2
£88K09/210.25 mi61, Gill Street, Consett, Durham DH8 7JT2
£75K04/230.25 mi50, Gill Street, Consett, County Durham DH8 7JT2
£47.5K11/200.26 mi37, Gill Street, Consett, Durham DH8 7JT2
£76K04/210.27 mi1, Kelvin Gardens, Consett, County Durham DH8 5RU2
£80K07/210.3 mi32, Taylor Street, Consett, Durham DH8 5RS2
£94K09/210.31 mi9, Forster Street, Consett, County Durham DH8 7JU2
£87K12/220.31 mi6, Forster Street, Consett, County Durham DH8 7JU2
£68K04/210.32 mi18, Forster Street, Consett, Durham DH8 7JU2
£95K01/230.33 mi28, West Parade, Consett, County Durham DH8 5RR2
£68K10/210.34 mi9, West Parade, Consett, County Durham DH8 5RR2
£66K02/210.38 mi2, Alexandra Street, Consett, Durham DH8 5DR2
£49K12/200.38 mi20, Alexandra Street, Consett, Durham DH8 5DR2
£80K06/210.39 mi13, Windsor Gardens, Consett, Durham DH8 7JW2
£85K03/230.39 mi14, Windsor Gardens, Consett, County Durham DH8 7JW2
£120K05/230.41 mi49, Berry Edge Road, Consett, County Durham DH8 5DS2
£72.5K09/210.41 mi58, Berry Edge Road, Consett, Durham DH8 5DS2
£105K04/230.41 mi39, Berry Edge Road, Consett, County Durham DH8 5DS2
£88K10/210.44 mi5, Dale Court, Consett, Durham DH8 5DJ2
£88K01/230.44 mi38, Edith Street, Consett, County Durham DH8 5DN2
£87.5K11/210.44 mi54, Edith Street, Consett, Durham DH8 5DN2
£75K07/210.44 mi37, Edith Street, Consett, County Durham DH8 5DN2
£58K08/210.45 mi3, Percy Terrace, Consett, Durham DH8 7EY2
£72K01/230.45 mi1, Percy Terrace, Consett, County Durham DH8 7EY2
£88K11/200.46 mi35, Constance Street, Consett, Durham DH8 5DU2
£115K05/210.53 mi52, Stuart Court, Consett, Durham DH8 5GA2
£71K02/210.54 mi4, Tyne Street, Consett, County Durham DH8 6NN2
£132K08/210.55 mi45, Medomsley Road, Consett, County Durham DH8 5HG2
£39K04/230.56 mi4, Cobden Street, Consett, County Durham DH8 6AH2
£105K08/210.57 mi66, Romany Drive, Consett, Durham DH8 5XL2
£100K06/230.58 mi13, Witton Street, Consett, County Durham DH8 7AJ2
£126K05/230.59 mi3, Georgia Court, Consett, County Durham DH8 5XN2
£86.1K04/230.59 mi15, Grange Street, Consett, County Durham DH8 7AH2
£80.5K12/200.59 mi7, Grange Street, Consett, County Durham DH8 7AH2
£84K06/230.59 mi5, Bertha Street, Consett, County Durham DH8 5DZ2
£95.5K07/210.6 mi8, Ford Street, Consett, Durham DH8 7AB2
£70K01/210.61 mi87, Sherburn Terrace, Consett, Durham DH8 6NE2
£75K10/200.62 mi6, Gladstone Gardens, Consett, County Durham DH8 6AR2
£75K07/230.62 mi1, Gladstone Gardens, Consett, County Durham DH8 6AR2
£88K01/210.62 mi7, Northfield View, Consett, Durham DH8 6AW2
£45K04/210.63 mi4, Steel Street, Consett, Durham DH8 5EF2
£86K10/200.63 mi3, Steel Street, Consett, Durham DH8 5EF2
£99K07/230.64 mi14, Park Avenue, Consett, County Durham DH8 6AS2

Local Rents

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

RentDateDistanceAddressBeds 
£55012/240.04 mi-2
£60012/240.05 mi-2
£60001/250.06 mi-2
£55012/240.06 miKnitsley Gardens, Consett2
£72012/240.21 mi-2
£60012/240.36 miThe Green, Consett, County Durham, DH82
£55012/240.38 mi-2
£74504/250.39 mi-2
£55012/240.4 miConstance Street, Consett, County Durham, DH82
£47512/240.41 mi-2
£60012/240.42 mi-2
£90012/240.44 mi-2
£60012/240.46 mi-2
£60012/240.47 mi-2
£52512/240.51 miSouthernwood, Consett2
£62512/240.53 miRosemary Close, Consett2
£60012/240.58 mi-2
£47512/240.59 mi-2
£60012/240.6 mi-2

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.62 miles away

Nearest school

0.50 miles away

Nearest train station

7.73 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £79,995

February 14, 2025

Floor Plans

Description

This two bedroom, plus attic room, stone built terraced property is centrally located on Temple Gardens within Consett. The layout comprises; to the ground floor an open plan lounge / diner as well as a kitchen, and to the first floor are two double bedrooms and a family bathroom, with staircase leading up to the attic room. Externally, there is a front garden as well as a rear yard.

Lounge / Diner
The spacious lounge is neutrally decorated with white walls and beige carpets creating ready to move into space ready to put your own stamp on. This open plan reception room can comfortably hose a family dining table if desired, alongside benefitting from an electric fire.

Kitchen
The kitchen benefits from a combination of oak wall and base units topped with dark work benches. This well equipped kitchen comes compete with an integrated oven, four ringed hob, as well as a stainless steel sink and plumbing suitable for a washing machine. Decorated with oak effect vinyl flooring as well as white walls and white tiled splashback.

Master Bedroom
The master bedroom overlooks the front elevation decorated to a high standard with clean white walls and neutral carpets as well as integrated wardrobes complete with mirrored sliding doors.

Bedroom Two
Bedroom two is decorated in the same taste as the master, allowing for use as an additional double bedroom if desire, or easy conversion into an office or dressing room.

Bathroom
The modern bathroom contains a three piece white suite comprising of a WC, wash basin and bath with overhead shower. Decorated with oak effect vinyl flooring, white walls and grey tiled splashback.

Loft Room
The loft room is complete with two Velux windows, electric and heating.

External
Externally, the property is complete with a front garden as well as a rear yard.

Agent Details

Sylvester Properties, Stanley

01202 145447

Next Steps?

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