5 Bed Terraced House, Planning Permission, Consett, DH8 0RP, £245,000

Benfieldside Road, Shotley Bridge, County Durham, DH8 0RP - 1 views - 2 months ago

Planning
~178 m²
+13 photos

ValuationUndervalued

Sold Prices£161.5K - £565K
Sold Prices/m²£724/m² - £3.5K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.4K/m²

Value Estimate

£296,450
BMV21%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£13,450

Total Cash In

£74,700

 

 

Cash Out

 

Rent Range

£625 - £1,150

Rent Estimate

£708

Running Costs/mo

£927

Cashflow/mo

£-219

Cashflow/yr

£-2,631

Gross Yield

3%

Local Sold Prices

18 sold prices from £161.5K to £565K, average is £313K. £724/m² to £3.5K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£315K12/200.21 mi2, Murray Court, Consett, County Durham DH8 0LY5
£350K12/200.42 mi30, Queens Road, Consett, Durham DH8 0BL5
£425K02/230.54 mi4, Chepstow Close, Consett, County Durham DH8 0UD5
£380K11/220.56 mi14, Aintree Drive, Consett, County Durham DH8 0NT5
£161.5K08/210.74 mi36, Cort Street, Consett, Durham DH8 5SY5
£565K05/211.22 miVilla Real, 77, Villa Real Road, Consett, County Durham DH8 6BL5
£220K07/211.46 mi17, Granary Court, Consett, Durham DH8 6FF5
£242K03/211.77 mi33, Cotherstone Close, Consett, County Durham DH8 7UE5
£345K11/221.77 mi4, Highsteads, Medomsley, Consett, County Durham DH8 6QA5
£250K12/221.85 mi17, Ovington Close, Templetown, Consett, County Durham DH8 7NY5
£380K05/232 mi23, Langdon Close, Consett, County Durham DH8 7NG5
£272K04/232 mi87, Langdon Close, Consett, County Durham DH8 7NG5
£311K09/212.26 mi23, Handley Cross, Medomsley, Consett, Durham DH8 6TZ5
£485K07/232.29 mi115, Manor Road, Consett, County Durham DH8 6QL5
£194K11/202.3 mi64, Hillgarth, Castleside, Consett, Durham DH8 9QD5
£235K11/222.3 mi62, Hillgarth, Castleside, Consett, County Durham DH8 9QD5
£194K11/202.3 mi64, Hillgarth, Castleside, Consett, Durham DH8 9QD5
£425K02/212.33 mi7, The Garth, Medomsley, Consett, County Durham DH8 6TR5

Local Rents

14 rents from £625/mo to £1.1K/mo, average is £760/mo.

RentDateDistanceAddressBeds 
£79501/250.34 mi-3
£69512/240.39 mi-3
£72501/250.39 mi-3
£62512/240.51 mi-3
£71512/240.73 mi-3
£1,00012/240.9 miFenwick Way, Consett4
£99512/241.01 miConsett, County Durham, DH84
£1,15003/251.01 mi-4
£1,15003/251.01 mi-4
£72512/241.11 mi-3
£75012/241.2 mi-3
£77003/251.2 mi-3
£77502/251.22 mi-3
£72503/251.24 mi-3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.09 miles away

Nearest school

0.30 miles away

Nearest train station

6.07 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £245,000

March 8, 2025

Floor Plans

Description

  • No Forward Chain +
  • Vacant Possession +
  • Spacious Family Home +
  • Two Reception Rooms +
  • Five Bedrooms +
  • Enclosed Garden +
  • Detached Garage +
  • Popular Location +

A spacious stone-built period house, ideally suited to families, with two large reception rooms, an enclosed garden and a garage to the rear.

This traditional terraced house has UPVC double glazing and gas central heating, with accommodation comprising: entrance lobby, hallway, living room with bay window and traditional fireplace , dining room, kitchen, bathroom off the half-landing, three first floor bedrooms one with en-suite and two further bedrooms to the second floor, into the eaves. There is an attractive garden to the rear of the house and a detached garage.

The house is situated midway along Benfieldside Road, close to the popular village of Shotley Bridge also within easy reach of Blackhill, both of which offer a good range of shopping and recreational facilities. It is approximately two miles from Consett town centre and there are excellent road links to Northumberland, Durham and Tyneside, making this an excellent location for commuting.

PART A
Local Authority – Durham County Council
Council Tax Band –
Tenure – Freehold

PART B
Property Type – Terrace
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 Fired boiler with radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website.

Estimated Broadband Download speeds – please refer to the Ofcom Website.
Parking: Garage & Driveway
Restrictions: There are restrictive covenants in the title, details available on request.
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

Rights & Easements- None
Flood risk – Surface water very low risk
Coastal Erosion - NA
Protected Trees – NA
Conservation area – NO
Planning Permission – NA
Accessibility – The property has not been altered for accessibility
Mining Area – Historical mining area
Selective License Area – No.

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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