3 Bed Detached House, Planning Permission, Consett, DH8 0DS, £300,000

The Close, Shotley Bridge, Consett, DH8 0DS - 1 views - 2 months ago

Planning
~93 m²
+19 photos

ValuationOvervalued

Sold Prices£60K - £315K
Sold Prices/m²£628/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£137,173

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£14,300

Total Cash In

£89,300

 

 

Cash Out

 

Rent Range

£370 - £1,150

Rent Estimate

£475

Running Costs/mo

£1,053

Cashflow/mo

£-577

Cashflow/yr

£-6,930

Gross Yield

2%

Local Sold Prices

50 sold prices from £60K to £315K, average is £146K. £628/m² to £2.9K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£289.8K02/230.03 mi4, The Mount, Shotley Bridge, Consett, County Durham DH8 0DW3
£197.5K02/210.08 mi12, Glenside, Consett, Durham DH8 0DN3
£147K07/210.12 mi54, Woodlands Road, Consett, County Durham DH8 0DH3
£140K03/230.16 mi8, Rosedale Avenue, Consett, County Durham DH8 0DY3
£175K02/210.17 mi60, The Briary, Consett, County Durham DH8 0QZ3
£185K07/230.17 mi58, The Briary, Consett, County Durham DH8 0QZ3
£105.8K11/200.17 mi25, Summerdale, Consett, County Durham DH8 0ET3
£170K02/210.17 mi7, Summerdale, Consett, County Durham DH8 0ET3
£239K12/200.19 mi3, Chepstow Close, Consett, Durham DH8 0UD3
£315K04/230.2 mi11, Briary Gardens, Consett, County Durham DH8 0RE3
£315K06/230.21 mi14, Churchill Close, Consett, County Durham DH8 0EU3
£130K12/200.21 mi22, Benfield Close, Consett, Durham DH8 0RH3
£105K03/210.23 mi53, Rosedale Avenue, Consett, County Durham DH8 0DZ3
£280K03/210.32 miPinetrees, Church Bank, Consett, Durham DH8 0NW3
£185K12/200.35 mi7, Caturani Way, Consett, County Durham DH8 0UG3
£135K11/200.35 mi146, Benfieldside Road, Consett, Durham DH8 0RP3
£230K04/230.35 mi150, Benfieldside Road, Consett, County Durham DH8 0RP3
£197.5K12/200.35 mi150, Benfieldside Road, Consett, Durham DH8 0RP3
£118.5K03/210.37 mi22, Riverside, Consett, County Durham DH8 0JB3
£110K05/210.42 mi22, Queensway, Consett, County Durham DH8 0RU3
£265K04/230.43 mi17, Oley Meadows, Shotley Bridge, Consett, County Durham DH8 0JF3
£135K04/230.44 mi19, The Crescent, Shotley Bridge, Consett, County Durham DH8 0JA3
£147K07/210.44 mi10, Northstead Drive, Consett, County Durham DH8 0RX3
£215K01/210.45 mi11, Kings Road, Consett, County Durham DH8 0AH3
£168.5K06/230.46 mi80, Benfieldside Road, Consett, County Durham DH8 0SD3
£157.5K12/200.48 mi32, Queensway, Consett, County Durham DH8 0RZ3
£169K04/230.48 mi50, Ritsons Road, Consett, County Durham DH8 0AL3
£216.5K06/210.51 mi22, Priory Close, Consett, Durham DH8 0SA3
£118K12/200.51 mi24, Cutlers Avenue, Consett, Durham DH8 0AX3
£126K03/210.53 mi6, George Street, Blackhill, Consett, County Durham DH8 0AE3
£135K04/210.53 mi28, George Street, Blackhill, Consett, Durham DH8 0AE3
£200K04/210.57 mi79, Cutlers Hall Road, Blackhill, Consett, Durham DH8 8RF3
£100K11/200.59 mi29, Thomas Street, Blackhill, Consett, Durham DH8 0AB3
£93K06/210.64 mi5, Valley Gardens, Blackhill, Consett, County Durham DH8 8RQ3
£115K12/200.64 mi29, Valley Gardens, Blackhill, Consett, Durham DH8 8RQ3
£135K05/210.72 miCory House, Brockwell Lane, Consett, County Durham DH8 5UP3
£160K04/210.73 mi21, St Andrews Road, Consett, Durham DH8 8NX3
£150K07/230.74 mi26, Laburnum Avenue, Consett, County Durham DH8 5TD3
£60K12/210.74 mi89, Chaytor Road, Consett, Durham DH8 8QP3
£80K08/210.75 mi31, Dixon Street, Consett, Durham DH8 5UE3
£93K12/200.75 mi37, St Marys Crescent, Consett, County Durham DH8 8PA3
£97.5K12/220.75 mi32, Dixon Street, Consett, County Durham DH8 5UE3
£76K10/210.77 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£105K03/230.77 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£90K02/230.77 mi11, Chaytor Road, Consett, County Durham DH8 8QA3
£145K12/210.81 mi58, Backstone Road, Consett, County Durham DH8 8QG3
£91K03/210.82 mi3, Cragside Court, Consett, Durham DH8 8TG3
£150K07/230.84 mi5, Clarence Gardens, Consett, County Durham DH8 5TU3
£167K08/210.85 mi20, Alston Road, Consett, Durham DH8 8JU3
£145K10/200.85 mi12, Alston Road, Consett, County Durham DH8 8JU3

Local Rents

50 rents from £370/mo to £1.1K/mo, average is £698/mo.

RentDateDistanceAddressBeds 
£95012/240.28 miSnows Green Cottage, Shotley Bridge2
£75012/240.36 mi-2
£75002/250.36 mi-2
£95012/240.4 miWood Street, Shotley Bridge2
£79501/250.61 mi-3
£49512/240.62 mi-1
£51010/240.62 mi-1
£47512/240.62 mi-2
£72501/250.63 mi-3
£70012/240.73 mi-2
£70003/250.73 mi-2
£70012/240.73 miDerwent Mews, Blackhill, Consett, DH82
£69512/240.73 mi-3
£62512/240.8 mi-3
£99512/240.85 miConsett, County Durham, DH84
£71512/240.88 mi-3
£52512/240.89 miDurham Road, Consett, Durham, DH81
£60012/240.9 miEmma Street, Consett, Durham, DH82
£72512/241.07 mi-3
£1,00012/241.08 miFenwick Way, Consett4
£50012/241.11 miBeverley Gardens, Consett, County Durham, DH82
£52503/251.16 mi-2
£49512/241.17 miCleadon Street, Consett, Durham, DH81
£1,15003/251.21 mi-4
£1,15003/251.21 mi-4
£67510/241.21 mi-2
£60012/241.25 mi-2
£77502/251.26 mi-3
£72503/251.31 mi-3
£37012/241.33 miChurch Street, Consett, DH81
£60012/241.33 mi-2
£60012/241.34 mi-2
£75012/241.34 mi-3
£77003/251.34 mi-3
£65004/251.35 mi-2
£60012/241.36 mi-2
£47512/241.38 mi-2
£55012/241.39 miConstance Street, Consett, County Durham, DH82
£52504/251.4 mi-3
£55012/241.41 miGladstone Gardens, Consett, Durham, DH82
£52512/241.42 miSouthernwood, Consett2
£47512/241.43 mi-2
£62512/241.43 miRosemary Close, Consett2
£60012/241.44 miThe Green, Consett, County Durham, DH82
£1,10012/241.45 mi-4
£75012/241.47 miSteading Court, Consett3
£95012/241.49 mi-4
£1,05004/251.5 mi-5
£90012/241.5 mi-2
£90012/241.5 mi-3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.17 miles away

Nearest school

0.30 miles away

Nearest train station

5.94 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £300,000

March 8, 2025

Listed for £320,000

February 26, 2025

Floor Plans

Description

  • Detached Family Home +
  • Wrap-Around Garden +
  • Detached Garage +
  • Driveway +
  • Three Bedrooms +
  • Two Reception Rooms +

A beautifully presented detached family home situated in this sought after close in Shotley bridge. With a detached garage and wrap-around garden, this bright and spacious house truly is a must view!

The property has the benefit of uPVC double glazing, alarm system, gas central heating and offers accommodation ideally suited to families or couples and briefly comprises, on the ground floor: Entrance hall, ground floor WC and understairs storage, light and airy lounge, and an extended kitchen dining room. To the first floor, there are three bedrooms two with fitted wardrobes and a bathroom with a separate shower cubicle. Externally there is a mature garden to the front, a driveway leading to a garage and a garden to rear with patio area.

The house is situated within easy reach of the excellent local shopping and recreational facilities within Shotley Bridge and nearby Blackhill. It is also within a mile-and-a-half of Consett town centre, and there are convenient road links to the regional centres of Durham, Tyneside and Northumberland.

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
Council Tax Band – C
Tenure – Freehold

PART B
Property Type – Detached
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 - Gas
Estimated Mobile phone coverage – Please refer to the Ofcom Website -
Estimated Broadband Download speeds – please refer to the Ofcom Website –
Parking- Driveway & Garage

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 – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – no
Article 4 Planning Restricted area - no
Rights & Easements- none
Flood risk – No risk from rivers and seas & Medium surface water risk.
Coastal Erosion - No
Planning Permission – No
Accessibility/Adaptations – No
Mining Area – Coal Mining Reporting Area, further searches may be required.

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?

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