3 Bed Semi-Detached House, Single Let, Consett, DH8 8DW, £85,000

Cumberland Road, Moorside, Consett, Durham, DH8 8DW - a month ago

BTL

ROI: 6%

~93 m²

+6 photos

ValuationUndervalued

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

Square Metres	~93 m²
Price/m²	£914/m²
Value Estimate	£103,700£103,700
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£21,250£21,250
Stamp Duty & Legal Fees	£5,450£5,450
Total Cash In	£26,700£26,700

Cash Out
Rent Range	£370 - £1,150£370 - £1,150
Rent Estimate	£512
Running Costs/mo	£388£388
Cashflow/mo	£124£124
Cashflow/yr	£1,488£1,488
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

25 sold prices from £48K to £162K, average is £100K. £808/m² to £2K/m², average is £1.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£145K	01/23	0.02 mi	82, Essex Avenue, Consett, County Durham DH8 8DG	£1,813	80	3	Semi-Detached House
£80K	07/21	0.05 mi	18, Park Terrace, Castleside, Consett, Durham DH8 9QF	£1,127	71	3	Terraced House
£126K	05/23	0.06 mi	21, Cumberland Road, Consett, County Durham DH8 8DW	£1,432	88	3	Semi-Detached House
£162K	01/23	0.09 mi	26, Wesley Gardens, Consett, County Durham DH8 9QE	£2,000	81	3	Semi-Detached House
£48K	06/23	0.1 mi	9, York Avenue, Consett, County Durham DH8 8DS	-	-	3	Terraced House
£86.5K	05/23	0.1 mi	1, York Avenue, Consett, County Durham DH8 8DS	£983	88	3	Semi-Detached House
£141K	04/21	0.11 mi	17, Maudville, Consett, Durham DH8 9QG	£1,516	93	3	Terraced House
£100K	04/23	0.13 mi	6, Derby Drive, Consett, County Durham DH8 8DA	£952	105	3	Semi-Detached House
£145K	06/21	0.15 mi	12, Hillgarth, Castleside, Consett, Durham DH8 9QD	£1,559	93	3	Semi-Detached House
£129.9K	12/22	0.15 mi	57, Warwick Avenue, Consett, County Durham DH8 8DP	£1,604	81	3	Semi-Detached House
£85K	12/22	0.17 mi	5, Lancaster Road, Consett, County Durham DH8 8DR	-	-	3	Semi-Detached House
£98K	12/21	0.18 mi	143, Surrey Crescent, Consett, Durham DH8 8DF	£951	103	3	Semi-Detached House
£71K	10/20	0.19 mi	23, Norfolk Road, Consett, County Durham DH8 8DD	£899	79	3	Semi-Detached House
£87K	12/22	0.19 mi	29, Norfolk Road, Consett, County Durham DH8 8DD	£906	96	3	Semi-Detached House
£150K	09/21	0.25 mi	9, Belle View Drive, Consett, Durham DH8 9RB	£1,515	99	3	Semi-Detached House
£130K	07/23	0.25 mi	10, Belle View Drive, Consett, County Durham DH8 9RB	£1,605	81	3	Semi-Detached House
£110K	02/23	0.26 mi	15, Lincoln Road, Consett, County Durham DH8 8EB	-	-	3	Semi-Detached House
£116K	03/21	0.31 mi	49, Consett Road, Consett, Durham DH8 9QL	£1,172	99	3	Semi-Detached House
£95K	04/21	0.35 mi	67, Dunelm Road, Consett, County Durham DH8 8HR	£1,173	81	3	Semi-Detached House
£115K	11/22	0.37 mi	5, Moorland View, Consett, County Durham DH8 9QU	£1,438	80	3	Semi-Detached House
£80K	06/23	0.46 mi	48, Surrey Crescent, Consett, County Durham DH8 8HU	£808	99	3	Terraced House
£80K	04/23	0.74 mi	52, Thornfield Road, Consett, County Durham DH8 8AY	£1,012	79	3	Semi-Detached House
£75K	02/23	0.81 mi	31, The Bye, Consett, County Durham DH8 8AJ	-	-	3	Terraced House
£70K	05/23	0.82 mi	17, Thornfield Road, Consett, County Durham DH8 8AX	£916	76	3	Terraced House
£100K	05/23	0.89 mi	37, Cedar Gardens, Consett, County Durham DH8 8AU	£926	108	3	Semi-Detached House

Local Rents

50 rents from £370/mo to £1.1K/mo, average is £685/mo.

Rent	Date	Distance	Address	Beds	Type
£650	10/24	0.29 mi	-	2	Terraced House
£550	12/24	0.91 mi	Priestman Avenue, The Grove, Consett, Durham, DH8	2	Detached House
£650	12/24	0.97 mi	Arkless Grove, The Grove, Consett, Durham, DH8 8AB	2	Terraced House
£995	12/24	1.24 mi	-	3	Detached House
£1,150	03/25	1.5 mi	-	4	Semi-Detached House
£1,150	03/25	1.5 mi	-	4	Semi-Detached House
£675	10/24	1.58 mi	-	2	Terraced House
£750	12/24	1.6 mi	-	3	Terraced House
£770	03/25	1.6 mi	-	3	Terraced House
£600	12/24	1.61 mi	-	2	Terraced House
£600	12/24	1.64 mi	-	2	Terraced House
£1,000	12/24	1.64 mi	Fenwick Way, Consett	4	Detached House
£725	12/24	1.64 mi	Spiro Court, Consett, Durham, DH8	3	Detached House
£600	04/25	1.65 mi	-	2	Terraced House
£600	04/25	1.65 mi	-	2	Terraced House
£550	12/24	1.65 mi	Knitsley Gardens, Consett	2	Flat
£550	12/24	1.66 mi	-	2	Terraced House
£600	12/24	1.67 mi	The Green, Consett, County Durham, DH8	2	Terraced House
£625	12/24	1.71 mi	-	3	Terraced House
£525	04/25	1.72 mi	-	3	Flat
£475	12/24	1.73 mi	-	2	Flat
£550	12/24	1.74 mi	Constance Street, Consett, County Durham, DH8	2	Terraced House
£720	12/24	1.76 mi	-	2	Terraced House
£715	12/24	1.8 mi	-	3	Terraced House
£695	12/24	1.8 mi	-	3	Semi-Detached House
£650	04/25	1.82 mi	-	2	Terraced House
£600	12/24	1.83 mi	-	2	Terraced House
£795	12/24	1.85 mi	Askrigg Close, Consett	3	Detached House
£370	12/24	1.88 mi	Church Street, Consett, DH8	1	Flat
£495	12/24	1.9 mi	-	1	Semi-Detached House
£510	10/24	1.9 mi	-	1	Semi-Detached House
£725	03/25	1.9 mi	-	3	Flat
£795	01/25	1.9 mi	-	3	Semi-Detached House
£725	01/25	1.9 mi	-	3	Terraced House
£525	03/25	1.91 mi	-	2	Flat
£700	12/24	1.92 mi	-	2	Terraced House
£700	03/25	1.92 mi	-	2	Terraced House
£700	12/24	1.92 mi	Derwent Mews, Blackhill, Consett, DH8	2	Flat
£800	12/24	1.93 mi	-	3	Semi-Detached House
£790	12/24	1.94 mi	-	3	Semi-Detached House
£790	12/24	1.94 mi	Deepdale Drive, Consett, DH8	3	Detached House
£475	12/24	1.94 mi	-	2	Flat
£600	12/24	2.01 mi	-	2	Terraced House
£775	02/25	2.01 mi	-	3	Terraced House
£1,050	04/25	2.02 mi	-	5	Terraced House
£900	12/24	2.02 mi	-	2	Flat
£900	12/24	2.02 mi	-	3	Terraced House
£550	12/24	2.03 mi	-	2	Terraced House
£745	04/25	2.03 mi	-	2	Terraced House
£495	12/24	2.03 mi	Cleadon Street, Consett, Durham, DH8	1	Flat

Local Area Statistics

Population in DH8	38,32438,324
Population in Consett	38,37938,379
Town centre distance	1.86 miles away1.86 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	7.89 miles away7.89 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+9%+9%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+14%+14%

Property History

Listed for £85,000

March 20, 2025

Floor Plans

Description

Three bedroom semi detached property +
Lounge & Kitchen/diner +
Gas Central Heating & Double Glazed +
Front and rear gardens +
Freehold and council tax band A +
No onward chain +

Fabulous opportunity to purchases this spacious three bedroom semi detached property located in Moorside. This property offers good size living accommodation and would be ideal fir a first time buyer or investor looking to add to the portfolio. There is a good size lounge, kitchen/diner, three good size bedrooms and extensive rear garden. There is no onward chain. Located lose to local shops, schools and excellent road and bus links into Consett town centre. The floorplan comprises Entrance hall, lounge and kitchen/dining room. To the first floor three bedrooms and bathroom. Further benefits include gas central heating, double glazing, front and rear gardens.

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Consett

01207 265931

Next Steps?

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

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ValuationUndervalued

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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