3 Bed Detached House, Planning Permission, Consett, DH8 7DP, £200,000

College View, Delves Lane, Consett, DH8 7DP - 2 views - 22 days ago

Planning
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£62K - £310K
Sold Prices/m²£793/m² - £2.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£150,544

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£650 - £2,850

Rent Estimate

£650

Running Costs/mo

£775

Cashflow/mo

£-125

Cashflow/yr

£-1,500

Gross Yield

4%

Local Sold Prices

39 sold prices from £62K to £310K, average is £122.5K. £793/m² to £2.5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£168K02/230 mi42, College View, Consett, County Durham DH8 7DP3
£158K11/200.05 mi17, Douai Drive, Consett, County Durham DH8 7DN3
£142.3K02/230.1 mi101, Greenways, Consett, County Durham DH8 7DH3
£178K02/230.11 mi162, Greenways, Consett, County Durham DH8 7DW3
£119K04/230.17 mi56, Pixley Dell, Delves Lane, Consett, County Durham DH8 7DB3
£95K02/230.2 mi133, Castledene Road, Consett, County Durham DH8 7DZ3
£90.5K07/210.21 mi30, Lumley Drive, Consett, Durham DH8 7DS3
£145K03/230.26 mi43, Chapel Drive, Delves Lane, Consett, County Durham DH8 7EW3
£95.5K03/210.29 mi24, Lea Side, Consett, County Durham DH8 7AD3
£125K08/230.29 mi30, Lea Side, Consett, County Durham DH8 7AD3
£69K10/210.35 mi39, Woody Close, Consett, County Durham DH8 7HN3
£72.5K12/200.35 mi117, Castledene Road, Consett, County Durham DH8 7HL3
£138K05/230.39 miSunnybrae, Delves Lane, Consett, County Durham DH8 7ER3
£69K03/230.4 mi8, Shafto Close, Consett, County Durham DH8 7JD3
£65K03/210.4 mi7, Pontop View, Consett, County Durham DH8 7JB3
£80K12/200.45 mi57, Iveston Road, Consett, County Durham DH8 7HR3
£95K10/210.47 mi71, Castledene Road, Consett, County Durham DH8 7HH3
£159K02/210.49 mi4, Bainbridge Close, Consett, Durham DH8 7EG3
£70K01/210.52 mi50, Old Hall Road, Consett, County Durham DH8 7HU3
£107K06/230.52 mi56, Old Hall Road, Consett, County Durham DH8 7HU3
£170K02/230.53 mi4, Horton Close, Consett, County Durham DH8 7EN3
£310K05/210.55 mi37, Hownsgill Drive, Consett, County Durham DH8 9ER3
£127.1K03/210.56 mi20, Deepdale Drive, Consett, County Durham DH8 7EH3
£175K09/210.6 mi87, Redmire Drive, Consett, County Durham DH8 7EL3
£180K01/210.61 mi17, Redmire Drive, Consett, Durham DH8 7EL3
£62K02/210.62 mi28, Fairfield, Consett, County Durham DH8 7HA3
£65K02/230.62 mi8, Fairfield, Consett, County Durham DH8 7HA3
£70K10/210.63 mi41, Berksyde, Consett, County Durham DH8 7LJ3
£104K02/230.66 mi24, Gloucester Road, Consett, County Durham DH8 7LL3
£77K03/210.66 mi22, Gloucester Road, Consett, County Durham DH8 7LL3
£145K02/230.68 mi39, Askrigg Close, Consett, County Durham DH8 7EF3
£88.3K05/230.72 mi18, Third Street, Crookhall, Consett, County Durham DH8 7LT3
£170K12/220.75 mi80, Holwick Close, Consett, County Durham DH8 7UJ3
£122.5K09/210.77 mi63, Langdon Close, Consett, Durham DH8 7NG3
£115.5K12/200.77 mi43, Langdon Close, Consett, Durham DH8 7NG3
£204K06/230.81 mi34, Grassholme Close, Consett, County Durham DH8 7UL3
£231K08/230.81 mi14, Grassholme Close, Consett, County Durham DH8 7UL3
£214.5K02/230.86 mi14, Middleton Close, Consett, County Durham DH8 7UQ3
£200K11/220.88 mi19, Middleton Close, Consett, County Durham DH8 7UQ3

Local Rents

16 rents from £650/mo to £2.9K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£69501/250.23 mi-3
£70012/240.26 miChapel Drive, Consett, DH83
£69512/240.28 mi-3
£75012/240.55 mi-3
£79012/240.56 miDeepdale Drive, Consett, DH83
£79012/240.56 mi-3
£80001/250.57 mi-3
£2,85002/250.57 mi-3
£79512/240.66 miAskrigg Close, Consett3
£72512/241.03 miSpiro Court, Consett, Durham, DH83
£90012/241.07 mi-3
£75012/241.17 miSteading Court, Consett3
£75012/241.18 miBluebell Close, Leadgate, Consett, DH83
£65004/241.19 mi-3
£65012/241.19 miDunelm Way, Consett, DH83
£65002/241.19 mi-3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.45 miles away

Nearest school

0.40 miles away

Nearest train station

8.47 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £200,000

March 13, 2025

Floor Plans

Description

  • Detached Family Home +
  • Desirable Location +
  • Garage +
  • Driveway +
  • Enclosed Rear Garden +
  • No Forward Chain +

A spacious-detached family home situated at the edge of this popular estate in Delves Lane. This unique house offers spacious accommodation throughout as well as generous gardens to both the front and the rear.

Providing a well-proportioned living space, which should have particular appeal to families, and has uPVC double glazing and gas central heating, via combi. boiler. The accommodation comprises: entrance porch, hall leading into a dining room, living room, kitchen, and utility room as well as a ground floor W.C., first floor landing to two double bedrooms, a single bedroom and a bathroom. There is a good-sized block-paved driveway and a garage, with a path leading to an attractive and well-stocked rear garden.

Probate has been applied for in February 2025. The property is not registered with the land registry.

College View is a 1960s-built estate that has proved popular with a variety of buyers. There are some local facilities nearby in Delves Lane, including a convenience store within a quarter-of-a-mile, and it is approximately two miles from Consett town centre where there are further amenities including the retail park, leisure centre and Consett Academy secondary school. It is also close to the A691 which provides access to Lanchester and further to Durham (13 miles), and the A692 to Newcastle (14 miles) and Gateshead.

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 – None
Covenants which affect the property are contained within the property deed which are available for inspection.
Selective licencing area – no
Article 4 Planning Restricted area - No
Rights & Easements- None
Flood risk – No Risk & Very low surface water.
Coastal Erosion - NA
Planning Permission – NA
Accessibility/Adaptations – None
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?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪