4 Bed Detached House, Planning Permission, Consett, DH8 7EL, £350,000

Redmire Drive, Delves Lane, Consett, DH8 7EL - a month ago

Planning
~129 m²
+21 photos

ValuationOvervalued

Sold Prices£125K - £286K
Sold Prices/m²£888/m² - £3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.7K/m²

Value Estimate

£245,548

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£695 - £2,850

Rent Estimate

£697

Running Costs/mo

£1,253

Cashflow/mo

£-556

Cashflow/yr

£-6,674

Gross Yield

2%

Local Sold Prices

28 sold prices from £125K to £286K, average is £218K. £888/m² to £3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£225K06/210.17 mi8, Askrigg Close, Consett, County Durham DH8 7EF4
£215K07/210.17 mi37, Askrigg Close, Consett, County Durham DH8 7EF4
£286K06/230.22 mi48, Holwick Close, Consett, County Durham DH8 7UJ4
£210K12/200.22 mi41, Holwick Close, Consett, Durham DH8 7UJ4
£227K06/230.22 mi47, Holwick Close, Consett, County Durham DH8 7UJ4
£220K04/210.26 mi6, Holwick Close, Consett, Durham DH8 7UH4
£160K05/210.28 mi28, Chapel Drive, Delves Lane, Consett, Durham DH8 7EW4
£203K03/210.29 mi20, Harwood Close, Templetown, Consett, Durham DH8 7PB4
£280K01/230.3 mi16, Eggleston Drive, Consett, County Durham DH8 7UB4
£191K07/230.33 mi20, Ovington Close, Templetown, Consett, County Durham DH8 7NY4
£220K11/210.33 mi23, Ovington Close, Templetown, Consett, Durham DH8 7NY4
£240K11/210.33 mi24, Ovington Close, Templetown, Consett, Durham DH8 7NY4
£203K03/210.34 mi9, Millfield, Templetown, Consett, Durham DH8 7NZ4
£270K03/230.35 mi3, Cotherstone Close, Consett, County Durham DH8 7UE4
£207K12/210.35 mi32, Eggleston Drive, Consett, Durham DH8 7UB4
£222.5K12/200.35 mi36, Eggleston Drive, Consett, Durham DH8 7UB4
£220K08/210.43 mi33, Mickleton Close, Consett, Durham DH8 7UG4
£168.5K06/210.6 mi181, Greenways, Consett, County Durham DH8 7DW4
£127K04/210.73 mi23, Alexandra Street, Consett, County Durham DH8 5DR4
£225K11/220.77 mi25, Rolling Mill, Consett, County Durham DH8 6NH4
£247.5K11/200.77 mi26, Rolling Mill, Consett, Durham DH8 6NH4
£235K11/220.89 mi12, Newbell Court, Consett, County Durham DH8 6FE4
£195K11/200.91 mi23, Newbell Court, Consett, Durham DH8 6FE4
£125K08/210.94 mi19, Park Road, Consett, Durham DH8 5EA4
£185K03/230.96 mi8, Granary Court, Consett, County Durham DH8 6FF4
£200K03/230.96 mi23, Granary Court, Consett, County Durham DH8 6FF4
£225K11/200.98 mi35, Carr House Mews, Consett, Durham DH8 6FD4
£216K03/210.98 mi6, Carr House Mews, Consett, Durham DH8 6FD4

Local Rents

12 rents from £695/mo to £2.9K/mo, average is £790/mo.

RentDateDistanceAddressBeds 
£79012/240.09 miDeepdale Drive, Consett, DH83
£79012/240.09 mi-3
£80001/250.1 mi-3
£75012/240.11 mi-3
£79512/240.15 miAskrigg Close, Consett3
£2,85002/250.24 mi-3
£70012/240.28 miChapel Drive, Consett, DH83
£69512/240.34 mi-3
£69501/250.37 mi-3
£72512/240.5 miSpiro Court, Consett, Durham, DH83
£90012/240.61 mi-3
£1,05011/240.61 mi-5

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.95 miles away

Nearest school

0.10 miles away

Nearest train station

8.05 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £350,000

March 1, 2025

Floor Plans

Description

  • Larger Style Detached Family Home +
  • Double Detached Garage & Driveway +
  • Stunning Turn-Key Accommodation +
  • Four Bed & Four Reception Rooms +
  • Landscaped Gardens Front & Rear +
  • Bathroom/Large En-Suite & Downstairs W.C. +

This Stunning Family Home provides turn-key accommodation including four reception rooms, four bedrooms, a large contemporary en-suite, a double garage, a double driveway, and landscaped gardens.

This large detached home is an absolute credit to the current owner, a 'real show stopper'. Upgraded and improved the property is immaculate throughout with neutral decor, stunning fixtures and fittings, and flexible accommodation ideal for the family purchaser. The double-fronted property has a canopied entrance into a good-sized hallway with tiled flooring, stairs to the first floor, and a W/C under, there are four reception rooms including a family room, a formal lounge, a separate dining room, and a sunroom overlooking the rear garden. The ground floor accommodation is completed by a lovely fitted kitchen with built-in cooking appliances, solid wood work surfaces, a Belfast sink, double doors to the sunroom, and a utility room with an external door to the garden. The first floor initially opens onto a generous landing providing access to the four bedrooms and contemporary family bathroom, there is also a large en-suite to the main bedroom which is beautifully tiled and fitted with a free-standing bath, plus a separate walk-in shower, just like you find in a hotel. The well-maintained lawn and topiary shrubs to the front provide curb appeal, while the landscaped rear garden is a real haven for the gardener, with the lawn, multiple patio areas, shrubs, and trees that will appeal to many. To the side of the property is a double detached garage and double-width driveway, plus gated access to the rear. In addition, the property is gas-centrally heated via a combination boiler and double-glazed.

Redmire Drive is situated within the Dales View estate which is comprised of similar two, three, and four-bedroomed modern houses and is situated a short drive from Consett town centre where there is a good range of shopping and recreational facilities including a retail park. There are local schools in Consett and Delves Lane, including Consett Academy secondary school, and public transport and road links to the centres of Durham and Newcastle, both within 15 miles.

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 – E
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
Gas Supply - Mains
Electricity supply – Mains
Water Supply - Mains (metered)
Sewerage – Mains
Heating - Gas central heating via a combination boiler
Estimated Mobile phone coverage – Please refer to the Ofcom Website -
Estimated Broadband Download speeds – please refer to the Ofcom Website –
Parking-

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
Flood risk: Rivers & Seas = No Risk / Surface Water =
Coastal Erosion - N/A
Planning Permission – N/A
Accessibility/Adaptations – The property has step free access into the property form the roadside
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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