3 Bed Semi-Detached House, Planning Permission, Consett, DH8 8DF, £95,000

Surrey Crescent, Consett, County Durham, DH8 8DF - a month ago

Planning
ROI: 3%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£48K - £162K
Sold Prices/m²£808/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£108,970
BMV15%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£370 - £1,150

Rent Estimate

£475

Running Costs/mo

£412

Cashflow/mo

£63

Cashflow/yr

£758

ROI

3%

Gross Yield

6%

Local Sold Prices

28 sold prices from £48K to £162K, average is £99K. £808/m² to £2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£98K12/210.04 mi143, Surrey Crescent, Consett, Durham DH8 8DF3
£100K04/230.05 mi6, Derby Drive, Consett, County Durham DH8 8DA3
£71K10/200.06 mi23, Norfolk Road, Consett, County Durham DH8 8DD3
£87K12/220.06 mi29, Norfolk Road, Consett, County Durham DH8 8DD3
£48K06/230.06 mi9, York Avenue, Consett, County Durham DH8 8DS3
£86.5K05/230.06 mi1, York Avenue, Consett, County Durham DH8 8DS3
£126K05/230.09 mi21, Cumberland Road, Consett, County Durham DH8 8DW3
£85K12/220.13 mi5, Lancaster Road, Consett, County Durham DH8 8DR3
£129.9K12/220.15 mi57, Warwick Avenue, Consett, County Durham DH8 8DP3
£110K02/230.15 mi15, Lincoln Road, Consett, County Durham DH8 8EB3
£145K01/230.16 mi82, Essex Avenue, Consett, County Durham DH8 8DG3
£80K07/210.17 mi18, Park Terrace, Castleside, Consett, Durham DH8 9QF3
£103.5K10/200.19 mi12, Wesley Terrace, Consett, County Durham DH8 9QB3
£162K01/230.2 mi26, Wesley Gardens, Consett, County Durham DH8 9QE3
£95K04/210.21 mi67, Dunelm Road, Consett, County Durham DH8 8HR3
£145K06/210.25 mi12, Hillgarth, Castleside, Consett, Durham DH8 9QD3
£141K04/210.25 mi17, Maudville, Consett, Durham DH8 9QG3
£80K06/230.32 mi48, Surrey Crescent, Consett, County Durham DH8 8HU3
£77.5K10/200.37 mi4, Kent Road, Consett, County Durham DH8 8HN3
£150K09/210.39 mi9, Belle View Drive, Consett, Durham DH8 9RB3
£130K07/230.39 mi10, Belle View Drive, Consett, County Durham DH8 9RB3
£116K03/210.43 mi49, Consett Road, Consett, Durham DH8 9QL3
£115K11/220.5 mi5, Moorland View, Consett, County Durham DH8 9QU3
£80K04/230.61 mi52, Thornfield Road, Consett, County Durham DH8 8AY3
£75K02/230.68 mi31, The Bye, Consett, County Durham DH8 8AJ3
£70K05/230.69 mi17, Thornfield Road, Consett, County Durham DH8 8AX3
£100K05/230.75 mi37, Cedar Gardens, Consett, County Durham DH8 8AU3
£80.5K05/210.89 mi62, Arkless Grove, The Grove, Consett, County Durham DH8 8AB3

Local Rents

50 rents from £370/mo to £1.1K/mo, average is £698/mo.

RentDateDistanceAddressBeds 
£65011/240.15 mi-2
£55012/240.77 miPriestman Avenue, The Grove, Consett, Durham, DH82
£65012/240.83 miArkless Grove, The Grove, Consett, Durham, DH8 8AB2
£99512/241.11 mi-3
£1,15003/251.37 mi-4
£1,15003/251.37 mi-4
£67510/241.44 mi-2
£75012/241.47 mi-3
£77003/251.47 mi-3
£60012/241.48 mi-2
£1,00012/241.5 miFenwick Way, Consett4
£72512/241.52 miSpiro Court, Consett, Durham, DH83
£60012/241.52 mi-2
£60001/251.54 mi-2
£55012/241.54 miKnitsley Gardens, Consett2
£60012/241.54 miThe Green, Consett, County Durham, DH82
£55012/241.55 mi-2
£62512/241.57 mi-3
£47512/241.6 mi-2
£55012/241.61 miConstance Street, Consett, County Durham, DH82
£72012/241.64 mi-2
£71512/241.66 mi-3
£69512/241.67 mi-3
£65004/251.69 mi-2
£60012/241.7 mi-2
£37012/241.75 miChurch Street, Consett, DH81
£79512/241.76 miAskrigg Close, Consett3
£49512/241.76 mi-1
£51010/241.76 mi-1
£72502/251.76 mi-3
£79502/251.76 mi-3
£72503/251.77 mi-3
£52503/251.77 mi-2
£70012/241.78 mi-2
£70003/251.78 mi-2
£70012/241.78 miDerwent Mews, Blackhill, Consett, DH82
£47512/241.8 mi-2
£80001/251.84 mi-3
£79012/241.84 mi-3
£79012/241.84 miDeepdale Drive, Consett, DH83
£60012/241.87 mi-2
£77502/251.87 mi-3
£1,05004/251.9 mi-5
£90012/241.9 mi-2
£90012/241.9 mi-3
£49512/241.9 miCleadon Street, Consett, Durham, DH81
£55012/241.91 mi-2
£74504/251.91 mi-2
£95012/241.91 mi-4
£52512/241.92 miSouthernwood, Consett2

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.72 miles away

Nearest school

0.20 miles away

Nearest train station

7.79 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £95,000

March 19, 2025

Floor Plans

Description

  • Improved Semi Detached House +
  • Close to Shops +
  • Ideal for First Time Buyers +
  • uPVC Double Glazing +
  • Gas Combination Boiler +
  • Modern Kitchen and Bathroom +

Ideal for first-time buyers or families, an improved semi-detached house with a modern kitchen diner and bathroom.

Situated just off Derby Drive close to the shops, the property has the benefit of uPVC double glazing, gas-fired central heating with combination boiler, a driveway and garden. The house has accommodation, which comprises, on the ground floor, an entrance lobby, hallway, a lounge, useful utility room and a modern kitchen diner. On the first floor there are three good size bedrooms and a large bathroom with bath and separate double shower cubicle.

Surrey Crescent has a mixture of brick built and BISF houses, built in the 1950s, that have provided well-proportioned, affordable homes in this large residential estate in Moorside, close to the local school and with some local facilities. There are also good bus services to the town centre of Consett approximately two miles distant, with further road links to Darlington and Northumberland via the A68 and to Durham and Tyneside via the A691 and A692 respectively.

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 – A
Tenure – Freehold

PART B
Property Type – Semi-detached
Property Construction – Standard brick built
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 with radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website -
Estimated Broadband Download speeds – please refer to the Ofcom Website –
Parking- 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 – yes
Article 4 Planning Restricted area - NA
Rights & Easements- NA
Flood risk – Surface water - high.
Coastal Erosion - NA
Planning Permission – NA
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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