3 Bed Detached House, Planning Permission, Consett, DH8 7EL, £190,000

Redmire Drive, Consett, County Durham, DH8 7EL - 1 views - a month ago

Sold STC
Planning
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£62K - £231K
Sold Prices/m²£597/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£136,467

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£58,200

 

 

Cash Out

 

Rent Range

£695 - £2,850

Rent Estimate

£696

Running Costs/mo

£753

Cashflow/mo

£-57

Cashflow/yr

£-683

Gross Yield

4%

Local Sold Prices

50 sold prices from £62K to £231K, average is £117.8K. £597/m² to £2.1K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£170K02/230.02 mi4, Horton Close, Consett, County Durham DH8 7EN3
£159K02/210.06 mi4, Bainbridge Close, Consett, Durham DH8 7EG3
£175K09/210.07 mi87, Redmire Drive, Consett, County Durham DH8 7EL3
£127.1K03/210.08 mi20, Deepdale Drive, Consett, County Durham DH8 7EH3
£180K01/210.09 mi17, Redmire Drive, Consett, Durham DH8 7EL3
£69K03/230.15 mi8, Shafto Close, Consett, County Durham DH8 7JD3
£70K10/210.16 mi41, Berksyde, Consett, County Durham DH8 7LJ3
£145K02/230.16 mi39, Askrigg Close, Consett, County Durham DH8 7EF3
£138K05/230.16 miSunnybrae, Delves Lane, Consett, County Durham DH8 7ER3
£62K02/210.19 mi28, Fairfield, Consett, County Durham DH8 7HA3
£65K02/230.19 mi8, Fairfield, Consett, County Durham DH8 7HA3
£170K12/220.21 mi80, Holwick Close, Consett, County Durham DH8 7UJ3
£65K03/210.22 mi7, Pontop View, Consett, County Durham DH8 7JB3
£80K12/200.22 mi57, Iveston Road, Consett, County Durham DH8 7HR3
£104K02/230.22 mi24, Gloucester Road, Consett, County Durham DH8 7LL3
£77K03/210.22 mi22, Gloucester Road, Consett, County Durham DH8 7LL3
£70K01/210.23 mi50, Old Hall Road, Consett, County Durham DH8 7HU3
£107K06/230.23 mi56, Old Hall Road, Consett, County Durham DH8 7HU3
£95K10/210.26 mi71, Castledene Road, Consett, County Durham DH8 7HH3
£204K06/230.27 mi34, Grassholme Close, Consett, County Durham DH8 7UL3
£231K08/230.27 mi14, Grassholme Close, Consett, County Durham DH8 7UL3
£145K03/230.28 mi43, Chapel Drive, Delves Lane, Consett, County Durham DH8 7EW3
£122.5K09/210.3 mi63, Langdon Close, Consett, Durham DH8 7NG3
£115.5K12/200.3 mi43, Langdon Close, Consett, Durham DH8 7NG3
£72.5K12/200.31 mi117, Castledene Road, Consett, County Durham DH8 7HL3
£214.5K02/230.32 mi14, Middleton Close, Consett, County Durham DH8 7UQ3
£200K11/220.34 mi19, Middleton Close, Consett, County Durham DH8 7UQ3
£95.5K03/210.34 mi24, Lea Side, Consett, County Durham DH8 7AD3
£125K08/230.34 mi30, Lea Side, Consett, County Durham DH8 7AD3
£69K10/210.37 mi39, Woody Close, Consett, County Durham DH8 7HN3
£95K02/230.4 mi133, Castledene Road, Consett, County Durham DH8 7DZ3
£90.5K07/210.42 mi30, Lumley Drive, Consett, Durham DH8 7DS3
£142.3K02/230.45 mi101, Greenways, Consett, County Durham DH8 7DH3
£88.3K05/230.48 mi18, Third Street, Crookhall, Consett, County Durham DH8 7LT3
£119K04/230.5 mi56, Pixley Dell, Delves Lane, Consett, County Durham DH8 7DB3
£168K02/230.54 mi42, College View, Consett, County Durham DH8 7DP3
£65K05/230.55 mi25, Taylor Street, Consett, County Durham DH8 5RS3
£105K01/210.55 mi10, Taylor Street, Consett, Durham DH8 5RS3
£75.5K01/230.55 mi18, Taylor Street, Consett, County Durham DH8 5RS3
£100K03/210.55 mi8, West Parade, Consett, County Durham DH8 5RR3
£158K11/200.57 mi17, Douai Drive, Consett, County Durham DH8 7DN3
£178K02/230.57 mi162, Greenways, Consett, County Durham DH8 7DW3
£117K06/230.61 mi6, Palmerston Street, Consett, County Durham DH8 5RF3
£141K04/230.64 mi17, Meadow Rise, Consett, County Durham DH8 6NS3
£97K12/200.69 mi21, Southernwood, Consett, Durham DH8 6GD3
£140K01/230.73 mi8, Cardoon Road, Consett, County Durham DH8 6GG3
£130K03/230.73 mi12, Cardoon Road, Consett, County Durham DH8 6GG3
£118.5K04/230.75 mi12, The Green, Consett, County Durham DH8 5BG3
£113K07/210.75 mi6, The Green, Consett, County Durham DH8 5BG3
£135K01/230.78 mi30, Gladstone Street, Consett, County Durham DH8 6AQ3

Local Rents

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

RentDateDistanceAddressBeds 
£79012/240.07 miDeepdale Drive, Consett, DH83
£79012/240.07 mi-3
£80001/250.08 mi-3
£75012/240.12 mi-3
£79512/240.14 miAskrigg Close, Consett3
£2,85002/250.25 mi-3
£70012/240.28 miChapel Drive, Consett, DH83
£69512/240.34 mi-3
£69501/250.38 mi-3
£72512/240.49 miSpiro Court, Consett, Durham, DH83
£90012/240.62 mi-3

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 £190,000

March 8, 2025

Floor Plans

Description

  • Detached Family Home +
  • Detached Garage & Driveway +
  • Generous Rear Garden with Patio +
  • Bathroom/En-Suite & Downstairs W.C. +
  • Close to Delves Lane Primary School +

Occupying a pleasant corner plot position within a popular modern estate, this three-bedroom detached home provides good-sized accommodation with a detached garage and driveway and a generous rear garden.

The elevated position and mature corner plot front garden radiate curb appeal and provide a welcoming entrance to this detached family home. Accessed to the front into a porch and hallway, the property briefly comprises a downstairs W/C, a 13ft lounge, an open plan kitchen/dining room with built-in cooking appliances, and double doors opening to the rear garden. On the first floor, there are three bedrooms, an en-suite shower room to the main bedroom, a family bathroom, and an access door to the eves from the airy landing. There is an open lawned garden to the front with mature hedgerows and shrubs, a driveway, and a single detached garage. In addition, the property is gas-centrally heated and double-glazed.

Redmire Drive is situated within the Dales View estate, which is comprised of similar two, three, and four-bedroom modern houses. It is a short drive from Consett town center, 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 centers 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 County Council
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
Gas Supply - Mains
Electricity Supply – Mains
Water Supply – Mains (metered)
Sewerage – Mains
Heating – Gas fired central heating via radiators
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
Rights & Easements- None
Flood risk – Rivers and seas: Very Low / Surface water: Very Low
Coastal Erosion – N/A
Protected Trees - NA
Planning Permission – None
Accessibility/Adaptations – The property has not been altered for accessibility
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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