3 Bed Terraced House, Planning Permission, Consett, DH8 5FB, £220,000

Queens Gate, Consett, County Durham, DH8 5FB - 25 days ago

Planning
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£65K - £214K
Sold Prices/m²£597/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£118,076

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£14,100

Total Cash In

£69,100

 

 

Cash Out

 

Rent Range

£600 - £2,850

Rent Estimate

£651

Running Costs/mo

£838

Cashflow/mo

£-187

Cashflow/yr

£-2,240

Gross Yield

4%

Local Sold Prices

50 sold prices from £65K to £214K, average is £116K. £597/m² to £2.1K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£88.5K05/210.12 mi6, Barr House Avenue, Consett, County Durham DH8 5NE3
£125K01/210.17 mi37, Aynsley Terrace, Consett, Durham DH8 5NQ3
£101K04/210.17 mi9, Clarendon Street, Consett, Durham DH8 5LS3
£214K06/210.18 mi30, Green Street, Consett, Durham DH8 5LP3
£137K12/210.18 mi135, Medomsley Road, Consett, County Durham DH8 5HL3
£153.5K10/210.22 mi171, Medomsley Road, Consett, Durham DH8 5HU3
£180K11/200.24 mi42, Stuart Court, Consett, Durham DH8 5GA3
£155K07/210.24 mi53, Stuart Court, Consett, Durham DH8 5GA3
£150K07/230.28 mi5, Clarence Gardens, Consett, County Durham DH8 5TU3
£135K05/230.29 mi20, Romany Drive, Consett, County Durham DH8 5XL3
£115K12/200.29 mi4, The Crescent, Consett, County Durham DH8 5JE3
£96K02/210.29 mi85, The Crescent, Consett, County Durham DH8 5JE3
£84K02/210.29 mi29, Laburnum Avenue, Consett, Durham DH8 5SZ3
£127.5K12/200.3 mi10, The Promenade, Consett, Durham DH8 5NJ3
£104.5K02/210.31 mi7, Chartwell Place, Consett, County Durham DH8 5JJ3
£95.5K12/200.32 mi10, Dale Court, Consett, Durham DH8 5DJ3
£135K04/210.33 mi268, Medomsley Road, Consett, County Durham DH8 5JW3
£135K02/230.33 mi62, Berry Edge Road, Consett, County Durham DH8 5DS3
£140K01/230.34 mi8, Cardoon Road, Consett, County Durham DH8 6GG3
£130K03/230.34 mi12, Cardoon Road, Consett, County Durham DH8 6GG3
£76K10/210.35 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£105K03/230.35 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£96K05/230.35 mi98, Fenwick Way, Consett, County Durham DH8 5FE3
£97.5K12/220.35 mi32, Dixon Street, Consett, County Durham DH8 5UE3
£135K01/230.35 mi30, Gladstone Street, Consett, County Durham DH8 6AQ3
£78K11/210.35 mi12, Roger Street, Consett, County Durham DH8 5SX3
£130K11/210.35 mi13, Roger Street, Consett, Durham DH8 5SX3
£138K03/230.36 mi43, Fenwick Way, Consett, County Durham DH8 5FD3
£80K08/210.36 mi31, Dixon Street, Consett, Durham DH8 5UE3
£97K12/200.37 mi21, Southernwood, Consett, Durham DH8 6GD3
£150K07/230.37 mi26, Laburnum Avenue, Consett, County Durham DH8 5TD3
£105K11/200.38 mi12, Generation Place, Consett, Durham DH8 5XT3
£135K05/210.38 miCory House, Brockwell Lane, Consett, County Durham DH8 5UP3
£118.5K04/230.38 mi12, The Green, Consett, County Durham DH8 5BG3
£113K07/210.38 mi6, The Green, Consett, County Durham DH8 5BG3
£115K07/210.39 mi6, Park Avenue, Consett, County Durham DH8 6AS3
£124K11/200.4 mi33, Ashdale Road, Consett, Durham DH8 6AU3
£82K09/210.4 mi298, Medomsley Road, Consett, County Durham DH8 5JP3
£110K12/200.4 mi302, Medomsley Road, Consett, County Durham DH8 5JP3
£117K06/230.42 mi6, Palmerston Street, Consett, County Durham DH8 5RF3
£151.3K03/230.43 mi10, Oakdale Road, Consett, County Durham DH8 6AT3
£75.5K01/230.47 mi18, Taylor Street, Consett, County Durham DH8 5RS3
£100K03/210.47 mi8, West Parade, Consett, County Durham DH8 5RR3
£65K05/230.47 mi25, Taylor Street, Consett, County Durham DH8 5RS3
£105K01/210.47 mi10, Taylor Street, Consett, Durham DH8 5RS3
£141K04/230.48 mi17, Meadow Rise, Consett, County Durham DH8 6NS3
£183K11/200.49 mi7, Balmoral Grove, Consett, Durham DH8 6DE3
£100K05/210.5 mi43, Villa Real Road, Consett, County Durham DH8 6BL3
£105K03/210.52 mi9, Ash Grove, Consett, Durham DH8 6EB3
£140K06/210.55 mi28, Elsdon Gardens, Consett, Durham DH8 5NS3

Local Rents

22 rents from £600/mo to £2.9K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£77502/250.2 mi-3
£72503/250.21 mi-3
£72512/240.31 mi-3
£75012/240.36 mi-3
£77003/250.36 mi-3
£71512/240.36 mi-3
£90012/240.44 mi-3
£75012/240.62 miSteading Court, Consett3
£72512/240.67 miSpiro Court, Consett, Durham, DH83
£72502/250.69 mi-3
£99512/240.7 mi-3
£62512/240.76 mi-3
£79502/250.78 mi-3
£2,85002/250.93 mi-3
£69512/240.95 mi-3
£75012/240.97 mi-3
£79512/240.99 miAskrigg Close, Consett3
£75012/241.05 miBluebell Close, Leadgate, Consett, DH83
£79012/241.05 mi-3
£79012/241.05 miDeepdale Drive, Consett, DH83
£80001/251.06 mi-3
£60012/241.17 mi-3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.10 miles away

Nearest school

0.20 miles away

Nearest train station

7.04 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £220,000

March 15, 2025

Floor Plans

Description

  • Superb Modern Townhouse +
  • Modern Kitchen and Bathrooms +
  • Walking Distance to Shops and Schools +
  • Combination Boiler +
  • Low Maintenance Garden +
  • Ideal Family Home +

This superbly presented and much improved town-house is conveniently situated on the edge of the town centre next to Blackhill Park and is perfect for families.

Built in 2006 by Strathmore Homes and occupied since new by our vendors, the property has been much improved in recent years with the installation of modern bathrooms and a fully fitted contemporary kitchen with Corian work surfaces. The house has uPVC double glazing, gas-fired central heating with combination boiler and the accommodation is arranged over three floors, with the ground floor comprising, an entrance hallway, cloakroom w.c., a garage and a room suitable for a variety of uses such as an office or playroom. On the first floor there is a good size lounge with a bay window and a superb kitchen diner with French doors to the rear garden. On the second floor there are three bedrooms (one with a modern en-suite shower room and a family bathroom. There is a double driveway to the front of the house and a low maintenance garden to the rear with patio areas.

Queens Gate is adjacent to Consett Park and is within walking distance of the town centre, which has a range of shopping and recreational facilities. Consett is ideal for commuting purposes with the A691, A692 and A68 highways providing good road links to Durham, Newcastle 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 County Council
Council Tax Band – C
Tenure – Freehold

PART B
Property Type – Terraced
Property Construction – Standard construction
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 metered
Sewerage – Mains
Heating - Gas-fired with radiators.
Estimated Mobile phone coverage – Please refer to the Ofcom Website -
Estimated Broadband Download speeds – please refer to the Ofcom Website –
Parking- Garage and driveway.

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 - NA
Rights & Easements- NA
Flood risk – Very Low.
Coastal Erosion - NA
Planning Permission – No planning applications in the locality.
Accessibility/Adaptations – No adaptions 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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