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 |
BMV | 9% |
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.
Local Rents
16 rents from £475/mo to £900/mo, average is £600/mo.
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
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