3 Bed Semi-Detached House, Refurb/BRRR, Consett, DH8 5JE, £155,000

The Crescent, Consett, Durham, DH8 5JE - 17 days ago

Refurb/BRRR
ROI: 3%
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£76K - £214K
Sold Prices/m²£628/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£116,479

 

 

End Value (After Refurb)

£150,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£8,950

Refurb Costs

£35,694

Bridging Loan Interest

£4,069

Total Cash In

£89,213

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£150,000

Mortgage (After Refinance)

£112,500

Mortgage LTV

75%

Cash Left In

£89,213

Equity

£37,500

Rent Range

£600 - £2,850

Rent Estimate

£854

Running Costs/mo

£660

Cashflow/mo

£194

Cashflow/yr

£2,333

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £76K to £214K, average is £125.5K. £628/m² to £2.1K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£115K12/200.05 mi4, The Crescent, Consett, County Durham DH8 5JE3
£96K02/210.05 mi85, The Crescent, Consett, County Durham DH8 5JE3
£104.5K02/210.07 mi7, Chartwell Place, Consett, County Durham DH8 5JJ3
£125K01/210.07 mi37, Aynsley Terrace, Consett, Durham DH8 5NQ3
£127.5K12/200.08 mi10, The Promenade, Consett, Durham DH8 5NJ3
£135K04/210.09 mi268, Medomsley Road, Consett, County Durham DH8 5JW3
£153.5K10/210.14 mi171, Medomsley Road, Consett, Durham DH8 5HU3
£82K09/210.16 mi298, Medomsley Road, Consett, County Durham DH8 5JP3
£110K12/200.16 mi302, Medomsley Road, Consett, County Durham DH8 5JP3
£150K07/230.17 mi5, Clarence Gardens, Consett, County Durham DH8 5TU3
£88.5K05/210.19 mi6, Barr House Avenue, Consett, County Durham DH8 5NE3
£137K12/210.2 mi135, Medomsley Road, Consett, County Durham DH8 5HL3
£76K10/210.24 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£105K03/230.24 mi185, Durham Road, Blackhill, Consett, County Durham DH8 5UQ3
£183K11/200.25 mi7, Balmoral Grove, Consett, Durham DH8 6DE3
£101K04/210.27 mi9, Clarendon Street, Consett, Durham DH8 5LS3
£100K05/210.29 mi43, Villa Real Road, Consett, County Durham DH8 6BL3
£135K05/210.29 miCory House, Brockwell Lane, Consett, County Durham DH8 5UP3
£214K06/210.3 mi30, Green Street, Consett, Durham DH8 5LP3
£140K06/210.31 mi28, Elsdon Gardens, Consett, Durham DH8 5NS3
£169.9K12/220.31 mi27, Elsdon Gardens, Consett, County Durham DH8 5NS3
£183K04/230.32 mi1, Fairways, Consett, County Durham DH8 5NT3
£151.3K03/230.34 mi10, Oakdale Road, Consett, County Durham DH8 6AT3
£124K11/200.35 mi33, Ashdale Road, Consett, Durham DH8 6AU3
£97.5K12/220.36 mi32, Dixon Street, Consett, County Durham DH8 5UE3
£80K08/210.36 mi31, Dixon Street, Consett, Durham DH8 5UE3
£135K01/230.37 mi30, Gladstone Street, Consett, County Durham DH8 6AQ3
£115K07/210.38 mi6, Park Avenue, Consett, County Durham DH8 6AS3
£150K07/230.38 mi26, Laburnum Avenue, Consett, County Durham DH8 5TD3
£84K02/210.4 mi29, Laburnum Avenue, Consett, Durham DH8 5SZ3
£140K01/230.41 mi8, Cardoon Road, Consett, County Durham DH8 6GG3
£130K03/230.41 mi12, Cardoon Road, Consett, County Durham DH8 6GG3
£97K12/200.45 mi21, Southernwood, Consett, Durham DH8 6GD3
£105K03/210.46 mi9, Ash Grove, Consett, Durham DH8 6EB3
£78K11/210.46 mi12, Roger Street, Consett, County Durham DH8 5SX3
£130K11/210.46 mi13, Roger Street, Consett, Durham DH8 5SX3
£180K11/200.48 mi42, Stuart Court, Consett, Durham DH8 5GA3
£155K07/210.48 mi53, Stuart Court, Consett, Durham DH8 5GA3
£120K08/210.5 mi22, Steadings Court, Consett, Durham DH8 6GA3
£169.9K11/200.51 mi20, Newbell Court, Consett, Durham DH8 6FE3
£141K04/230.52 mi17, Meadow Rise, Consett, County Durham DH8 6NS3
£135K05/230.53 mi20, Romany Drive, Consett, County Durham DH8 5XL3
£96K05/230.54 mi98, Fenwick Way, Consett, County Durham DH8 5FE3
£95.5K12/200.55 mi10, Dale Court, Consett, Durham DH8 5DJ3
£135K02/230.56 mi62, Berry Edge Road, Consett, County Durham DH8 5DS3
£138K03/230.57 mi43, Fenwick Way, Consett, County Durham DH8 5FD3
£100K11/200.57 mi29, Thomas Street, Blackhill, Consett, Durham DH8 0AB3
£100K03/210.59 mi8, West Parade, Consett, County Durham DH8 5RR3
£117K06/230.6 mi6, Palmerston Street, Consett, County Durham DH8 5RF3
£126K03/210.6 mi6, George Street, Blackhill, Consett, County Durham DH8 0AE3

Local Rents

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

RentDateDistanceAddressBeds 
£72512/240.11 mi-3
£77502/250.3 mi-3
£72503/250.39 mi-3
£71512/240.49 mi-3
£75012/240.52 miSteading Court, Consett3
£90012/240.52 mi-3
£75012/240.6 mi-3
£77003/250.6 mi-3
£72502/250.74 mi-3
£79502/250.83 mi-3
£62512/240.86 mi-3
£72512/240.86 miSpiro Court, Consett, Durham, DH83
£75012/240.91 miBluebell Close, Leadgate, Consett, DH83
£99512/240.95 mi-3
£2,85002/251 mi-3
£60012/241.02 mi-3
£69512/241.02 mi-3
£75012/241.07 mi-3
£79512/241.14 miAskrigg Close, Consett3
£79012/241.18 mi-3
£79012/241.18 miDeepdale Drive, Consett, DH83
£80001/251.19 mi-3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.34 miles away

Nearest school

0.20 miles away

Nearest train station

6.91 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £155,000

March 18, 2025

Floor Plans

Description

  • Spacious Accomodation +
  • Modern Kitchen +
  • Downstairs Shower Room +
  • Low Maintenance Garden +
  • Freehold +
  • Off Street Parking +
  • Council Tax Band A +

This well-proportioned three-bedroom semi-detached home offers a fantastic amount of space, a modern kitchen, and a large, low-maintenance garden. Situated close to local amenities, it’s an excellent opportunity for families or buyers looking to personalise their next home.

Upon entering, you’re welcomed into a bright hallway leading to two generous reception rooms, perfect for flexible family living or entertaining. The lounge enjoys a large front-facing window, while the dining room offers a great space for mealtimes. The modern kitchen is well-equipped with integrated appliances and provides access to the rear garden. A downstairs shower room and WC add extra convenience.

Upstairs, the property features three well-sized bedrooms, including a master bedroom with fitted wardrobes. The family bathroom has been stylishly updated, creating a fresh and modern space.

Externally, this home benefits from off-street parking and a large, low-maintenance garden, complete with a handy shed for storage.

While some modernisation would enhance certain areas, this property presents a great opportunity to add value and create your ideal living space.

Offered on a freehold basis, this fantastic home is not to be missed. Contact us today to arrange a viewing!

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

COS250052/2

Agent Details

Reeds Rains, Consett

01207 265948

Next Steps?

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