2 Bed Terraced House, Single Let, Consett, DH8 7QE, £75,000

Wingrove Terrace, Leadgate, Consett, County Durham, DH8 7QE - 2 months ago

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

ValuationUndervalued

Sold Prices£47K - £174.6K
Sold Prices/m²£801/m² - £2.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£81,751
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£475 - £900

Rent Estimate

£495

Running Costs/mo

£353

Cashflow/mo

£142

Cashflow/yr

£1,700

ROI

8%

Gross Yield

8%

Local Sold Prices

20 sold prices from £47K to £174.6K, average is £82.3K. £801/m² to £2.2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£48.3K05/210.03 mi7, Elm Terrace, Consett, County Durham DH8 7QJ2
£60K08/210.2 mi10, Railway Street, Consett, County Durham DH8 6DN2
£67.5K11/210.24 mi49, Willow Crescent, Consett, Durham DH8 7RQ2
£117K07/210.25 mi2, Ponthead Mews, Consett, Durham DH8 6TD2
£47K06/230.26 mi15, South Cross Street, Consett, County Durham DH8 6DJ2
£82K11/200.29 mi193, Durham Road, Leadgate, Consett, Durham DH8 7QZ2
£78.8K12/210.32 mi19, Garden Terrace, Consett, County Durham DH8 6ED2
£71.3K03/210.37 mi30, Third Street, Watling Street Bungalows, Consett, Durham DH8 6HT2
£80K05/210.37 mi28, Third Street, Watling Street Bungalows, Consett, County Durham DH8 6HT2
£150K10/200.6 mi16, Villa Real Bungalows, Consett, Durham DH8 6BQ2
£105K02/210.69 mi76, Dewhirst Close, Leadgate, Consett, County Durham DH8 6LF2
£75K11/200.74 mi29, Bradley Cottages, Consett, Durham DH8 6JZ2
£95K01/230.85 mi49, Bradley Cottages, Consett, County Durham DH8 6JY2
£174.6K03/230.88 mi10, Villa Real Estate, Consett, County Durham DH8 6BJ2
£95K04/210.88 mi7, First Street, Crookhall, Consett, Durham DH8 7LX2
£82.5K06/210.91 mi6, Ash Grove, Consett, Durham DH8 6EB2
£93K03/210.93 mi4, Johnsons Buildings, Iveston, Consett, Durham DH8 7TH2
£120K03/230.97 mi4, Pleasant View, Medomsley, Consett, County Durham DH8 6RE2
£135K03/230.97 mi13, Pleasant View, Medomsley, Consett, County Durham DH8 6RE2
£81.5K11/200.97 mi12, Walton Terrace, Villa Real, Consett, Durham DH8 6BW2

Local Rents

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

RentDateDistanceAddressBeds 
£62512/240.03 mi-2
£49505/240.26 mi-2
£49501/250.26 mi-2
£72512/240.33 mi-2
£60012/240.38 mi-2
£55012/241.04 miGladstone Gardens, Consett, Durham, DH82
£47512/241.07 mi-2
£60012/241.08 mi-2
£62512/241.13 miRosemary Close, Consett2
£74504/251.15 mi-2
£55012/241.15 mi-2
£60012/241.16 mi-2
£52512/241.16 miSouthernwood, Consett2
£90012/241.17 mi-2
£60012/241.18 mi-2
£60012/241.21 miEmma Street, Consett, Durham, DH82

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.45 miles away

Nearest school

0.10 miles away

Nearest train station

7.59 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £75,000

February 18, 2025

Floor Plans

Description

Sylvester Properties are delighted to welcome to the sales market this two bedroom terraced property located on Wingrove within Leadgate, Consett. The layout of this home comprises; to the ground floor, a lounge, separate dining room, kitchen and conservatory. To the first floor are two bedrooms as well as a bathroom. A loft room can also be located on the upper most level. Externally, there is a rear garden as well as an enclosed yard.

Lounge
The lounge is neutrally decorated, complementing the reminder of the ground floor, with beige carpets as well as clean white walls. A traditional ceiling rose can be located within this space.

Dining Room
The dining room is decorated in the same palette as the lounge, with beige and white throughout.

Kitchen
The kitchen benefits from a combination of white wall and base units topped with black work benches. This well equipped kitchen is complete with an integrated oven, four ringed hob and stainless steel sink. Decorated with black tiled flooring, white walls and black tiled splash back.

Conservatory
The conservatory is decorated with oak effect laminate flooring as well as whitewalls and double glazed windows.

Master Bedroom
The master bedroom is complete with black carpets and white walls, as well as showcasing a ceiling rose and intergrade storage cupboard.

Bedroom Two
The second bedroom also showcases ample integrated storage cupboards, as well as light walls and contrasting dark carpets.

Bathroom
The bathroom contains a three piece white suite complete with WC, wash basin and bath with overhead shower. Decorated with dark tiled flooring and monochrome tiled walls.

External
Externally, this property is complete with a yard as well as a long turfed garden.

Agent Details

Sylvester Properties, Stanley

01202 145447

Next Steps?

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