2 Bed Terraced House, Single Let, Consett, DH8 5QU, £89,950

Albert Road, Consett, Durham, DH8 5QU - 2 views - a month ago

Sold STC
BTL
ROI: 5%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£39K - £155K
Sold Prices/m²£639/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£75,361

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,488

Stamp Duty & Legal Fees

£5,698

Total Cash In

£28,185

 

 

Cash Out

 

Rent Range

£475 - £900

Rent Estimate

£516

Running Costs/mo

£404

Cashflow/mo

£112

Cashflow/yr

£1,340

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £39K to £155K, average is £80K. £639/m² to £2.3K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£66K02/210.04 mi2, Alexandra Street, Consett, Durham DH8 5DR2
£49K12/200.04 mi20, Alexandra Street, Consett, Durham DH8 5DR2
£88K01/230.06 mi38, Edith Street, Consett, County Durham DH8 5DN2
£87.5K11/210.06 mi54, Edith Street, Consett, Durham DH8 5DN2
£75K07/210.06 mi37, Edith Street, Consett, County Durham DH8 5DN2
£88K11/200.08 mi35, Constance Street, Consett, Durham DH8 5DU2
£120K05/230.13 mi49, Berry Edge Road, Consett, County Durham DH8 5DS2
£72.5K09/210.13 mi58, Berry Edge Road, Consett, Durham DH8 5DS2
£105K04/230.13 mi39, Berry Edge Road, Consett, County Durham DH8 5DS2
£88K10/210.16 mi5, Dale Court, Consett, Durham DH8 5DJ2
£50K01/210.17 mi6, Unsworth Gardens, Consett, County Durham DH8 5RX2
£76K04/210.17 mi1, Kelvin Gardens, Consett, County Durham DH8 5RU2
£80K07/210.19 mi32, Taylor Street, Consett, Durham DH8 5RS2
£110K12/220.19 mi18, Temple Forge Mews, Consett, County Durham DH8 5RZ2
£115K05/210.2 mi52, Stuart Court, Consett, Durham DH8 5GA2
£84K06/230.2 mi5, Bertha Street, Consett, County Durham DH8 5DZ2
£132K08/210.2 mi45, Medomsley Road, Consett, County Durham DH8 5HG2
£68K10/210.21 mi9, West Parade, Consett, County Durham DH8 5RR2
£95K01/230.22 mi28, West Parade, Consett, County Durham DH8 5RR2
£45K04/210.24 mi4, Steel Street, Consett, Durham DH8 5EF2
£86K10/200.24 mi3, Steel Street, Consett, Durham DH8 5EF2
£88K09/210.26 mi61, Gill Street, Consett, Durham DH8 7JT2
£75K04/230.26 mi50, Gill Street, Consett, County Durham DH8 7JT2
£47.5K11/200.26 mi37, Gill Street, Consett, Durham DH8 7JT2
£126K05/230.27 mi3, Georgia Court, Consett, County Durham DH8 5XN2
£105K08/210.28 mi66, Romany Drive, Consett, Durham DH8 5XL2
£65K04/230.28 mi116, Medomsley Road, Consett, County Durham DH8 5HS2
£39K04/230.28 mi4, Cobden Street, Consett, County Durham DH8 6AH2
£68K04/210.3 mi18, Forster Street, Consett, Durham DH8 7JU2
£85K03/230.31 mi14, Windsor Gardens, Consett, County Durham DH8 7JW2
£94K09/210.32 mi9, Forster Street, Consett, County Durham DH8 7JU2
£87K12/220.32 mi6, Forster Street, Consett, County Durham DH8 7JU2
£80K06/210.32 mi13, Windsor Gardens, Consett, Durham DH8 7JW2
£71K02/210.34 mi4, Tyne Street, Consett, County Durham DH8 6NN2
£75K10/200.34 mi6, Gladstone Gardens, Consett, County Durham DH8 6AR2
£75K07/230.34 mi1, Gladstone Gardens, Consett, County Durham DH8 6AR2
£99K07/230.36 mi14, Park Avenue, Consett, County Durham DH8 6AS2
£87.5K03/230.37 mi9, Barr Hills, Consett, County Durham DH8 5NB2
£125K02/210.38 mi19, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£75K03/210.38 mi36, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£88K01/210.38 mi7, Northfield View, Consett, Durham DH8 6AW2
£70K01/210.38 mi87, Sherburn Terrace, Consett, Durham DH8 6NE2
£78.5K12/200.39 mi21, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£155K06/230.39 mi41, Spiro Court, Templetown, Consett, County Durham DH8 7NL2
£80K05/230.44 mi34, Aynsley Terrace, Consett, County Durham DH8 5NQ2
£50.5K03/230.45 mi27, Knitsley Gardens, Consett, County Durham DH8 7NR2
£48K05/230.45 mi21, Knitsley Gardens, Consett, County Durham DH8 7NR2
£68K03/230.47 mi8, Allison Street, Consett, County Durham DH8 5JD2
£82.5K06/210.5 mi6, Ash Grove, Consett, Durham DH8 6EB2
£62.5K04/210.52 mi9, Balfour Gardens, Consett, Durham DH8 5JL2

Local Rents

25 rents from £475/mo to £900/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£65004/250.06 mi-2
£60012/240.07 mi-2
£55012/240.08 miConstance Street, Consett, County Durham, DH82
£47512/240.1 mi-2
£60012/240.14 miThe Green, Consett, County Durham, DH82
£72012/240.19 mi-2
£60012/240.23 mi-2
£52512/240.24 miSouthernwood, Consett2
£60012/240.24 mi-2
£90012/240.24 mi-2
£52503/250.25 mi-2
£60012/240.26 mi-2
£62512/240.27 miRosemary Close, Consett2
£74504/250.33 mi-2
£47512/240.33 mi-2
£55012/240.33 mi-2
£50012/240.35 miBeverley Gardens, Consett, County Durham, DH82
£55012/240.37 miGladstone Gardens, Consett, Durham, DH82
£67510/240.39 mi-2
£60012/240.43 mi-2
£55012/240.43 mi-2
£60004/250.45 mi-2
£60004/250.45 mi-2
£55012/240.45 miKnitsley Gardens, Consett2
£60012/240.61 mi-2

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

0.23 miles away

Nearest school

0.10 miles away

Nearest train station

7.35 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £89,950

March 20, 2025

Floor Plans

Description

  • Two Bedroom Terraced House +
  • Town Centre Location +
  • No Onward Chain +
  • Approximate Floor Area 81 Sq Mtrs/ 872 Sq Ft +
  • Council Tax Band A +
  • EPC Rating D +

Offered to the market with the benefit of no onward chain, this two bedroom terraced house is conveniently located within the heart of Consett Town Centre. The property provides sizeable accommodation throughout as well as a wealth of potential and boasts some original features.

Internally, the property briefly comprises of a generous size lounge, open plan kitchen/diner, a rear lobby and downstairs WC/utility. Upstairs are two good size double bedrooms and a wet room.

Externally to the rear is a pleasant enclosed courtyard and on street parking is available to the front and rear.

Albert Road is situated within Consett Town Centre making its location ideal to access the towns many amenities and facilities within short walking distance. Excellent transport links are access from the town to the regional cities of Newcastle and Durham which are both within 15 miles of the property.

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.

QCO250095/2

Agent Details

YOUR MOVE Chris Stonock, Consett

01207 265949

Next Steps?

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