3 Bed Terraced House, Planning Permission, Consett, DH8 9TB, £280,000

Bridge Island, Shotley Bridge, Consett, DH8 9TB - 15 days ago

Planning
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£60K - £315K
Sold Prices/m²£997/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£142,559

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£16,700

Total Cash In

£86,700

 

 

Cash Out

 

Rent Range

£370 - £1,150

Rent Estimate

£475

Running Costs/mo

£990

Cashflow/mo

£-515

Cashflow/yr

£-6,180

Gross Yield

2%

Local Sold Prices

48 sold prices from £60K to £315K, average is £153.8K. £997/m² to £2.9K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£118.5K03/210.14 mi22, Riverside, Consett, County Durham DH8 0JB3
£280K03/210.18 miPinetrees, Church Bank, Consett, Durham DH8 0NW3
£135K04/230.21 mi19, The Crescent, Shotley Bridge, Consett, County Durham DH8 0JA3
£265K04/230.22 mi17, Oley Meadows, Shotley Bridge, Consett, County Durham DH8 0JF3
£315K04/230.26 mi11, Briary Gardens, Consett, County Durham DH8 0RE3
£315K06/230.28 mi14, Churchill Close, Consett, County Durham DH8 0EU3
£118K12/200.29 mi24, Cutlers Avenue, Consett, Durham DH8 0AX3
£157.5K10/200.32 mi46, The Briary, Consett, County Durham DH8 0QZ3
£175K02/210.32 mi60, The Briary, Consett, County Durham DH8 0QZ3
£185K07/230.32 mi58, The Briary, Consett, County Durham DH8 0QZ3
£135K11/200.34 mi146, Benfieldside Road, Consett, Durham DH8 0RP3
£230K04/230.34 mi150, Benfieldside Road, Consett, County Durham DH8 0RP3
£197.5K12/200.34 mi150, Benfieldside Road, Consett, Durham DH8 0RP3
£147K07/210.36 mi10, Northstead Drive, Consett, County Durham DH8 0RX3
£110K05/210.36 mi22, Queensway, Consett, County Durham DH8 0RU3
£130K12/200.37 mi22, Benfield Close, Consett, Durham DH8 0RH3
£105.8K11/200.37 mi25, Summerdale, Consett, County Durham DH8 0ET3
£170K02/210.37 mi7, Summerdale, Consett, County Durham DH8 0ET3
£157.5K12/200.38 mi32, Queensway, Consett, County Durham DH8 0RZ3
£105K03/210.45 mi53, Rosedale Avenue, Consett, County Durham DH8 0DZ3
£216.5K06/210.46 mi22, Priory Close, Consett, Durham DH8 0SA3
£147K07/210.46 mi54, Woodlands Road, Consett, County Durham DH8 0DH3
£168.5K06/230.46 mi80, Benfieldside Road, Consett, County Durham DH8 0SD3
£289.8K02/230.47 mi4, The Mount, Shotley Bridge, Consett, County Durham DH8 0DW3
£140K03/230.48 mi8, Rosedale Avenue, Consett, County Durham DH8 0DY3
£200K04/210.51 mi79, Cutlers Hall Road, Blackhill, Consett, Durham DH8 8RF3
£197.5K02/210.53 mi12, Glenside, Consett, Durham DH8 0DN3
£60K12/210.58 mi89, Chaytor Road, Consett, Durham DH8 8QP3
£239K12/200.59 mi3, Chepstow Close, Consett, Durham DH8 0UD3
£93K06/210.63 mi5, Valley Gardens, Blackhill, Consett, County Durham DH8 8RQ3
£115K12/200.63 mi29, Valley Gardens, Blackhill, Consett, Durham DH8 8RQ3
£160K08/210.65 mi111, Pleasant View, Bridgehill, Consett, Durham DH8 8LF3
£145K12/210.66 mi58, Backstone Road, Consett, County Durham DH8 8QG3
£169K04/230.67 mi50, Ritsons Road, Consett, County Durham DH8 0AL3
£215K01/210.7 mi11, Kings Road, Consett, County Durham DH8 0AH3
£167K08/210.71 mi20, Alston Road, Consett, Durham DH8 8JU3
£145K10/200.71 mi12, Alston Road, Consett, County Durham DH8 8JU3
£90K02/230.72 mi11, Chaytor Road, Consett, County Durham DH8 8QA3
£286.5K10/200.75 mi39, Barley Mill Road, Consett, Durham DH8 8JS3
£126K03/210.76 mi6, George Street, Blackhill, Consett, County Durham DH8 0AE3
£135K04/210.76 mi28, George Street, Blackhill, Consett, Durham DH8 0AE3
£93K12/200.77 mi37, St Marys Crescent, Consett, County Durham DH8 8PA3
£160K04/210.78 mi21, St Andrews Road, Consett, Durham DH8 8NX3
£100K11/200.8 mi29, Thomas Street, Blackhill, Consett, Durham DH8 0AB3
£185K12/200.81 mi7, Caturani Way, Consett, County Durham DH8 0UG3
£91K03/210.84 mi3, Cragside Court, Consett, Durham DH8 8TG3
£78.5K10/210.85 mi16, High Ridge, Consett, County Durham DH8 8TJ3
£150K07/230.99 mi26, Laburnum Avenue, Consett, County Durham DH8 5TD3

Local Rents

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

RentDateDistanceAddressBeds 
£95012/240.08 miWood Street, Shotley Bridge2
£95012/240.63 miSnows Green Cottage, Shotley Bridge2
£69512/240.63 mi-3
£79502/250.65 mi-3
£49512/240.65 mi-1
£51010/240.65 mi-1
£72502/250.72 mi-3
£99512/240.73 miConsett, County Durham, DH84
£47512/240.77 mi-2
£62512/240.81 mi-3
£75012/240.81 mi-2
£75003/250.81 mi-2
£70012/240.93 mi-2
£70003/250.93 mi-2
£70012/240.93 miDerwent Mews, Blackhill, Consett, DH82
£71512/241.06 mi-3
£1,00012/241.23 miFenwick Way, Consett4
£52512/241.28 miDurham Road, Consett, Durham, DH81
£60012/241.29 miEmma Street, Consett, Durham, DH82
£1,15003/251.33 mi-4
£1,15003/251.33 mi-4
£67510/241.37 mi-2
£50012/241.41 miBeverley Gardens, Consett, County Durham, DH82
£52503/251.42 mi-2
£72512/241.43 mi-3
£49512/241.47 miCleadon Street, Consett, Durham, DH81
£75012/241.53 mi-3
£77003/251.53 mi-3
£60012/241.54 mi-2
£60012/241.55 mi-2
£77502/251.56 mi-3
£72503/251.57 mi-3
£60012/241.59 mi-2
£37012/241.59 miChurch Street, Consett, DH81
£47512/241.6 mi-2
£55012/241.62 miConstance Street, Consett, County Durham, DH82
£99512/241.63 mi-3
£65012/241.65 miArkless Grove, The Grove, Consett, Durham, DH8 8AB2
£60012/241.65 miThe Green, Consett, County Durham, DH82
£60012/241.65 mi-2
£55012/241.66 miPriestman Avenue, The Grove, Consett, Durham, DH82
£52512/241.73 miSouthernwood, Consett2
£62512/241.74 miRosemary Close, Consett2
£55012/241.74 miGladstone Gardens, Consett, Durham, DH82
£47512/241.75 mi-2
£95012/241.79 mi-4
£1,05011/241.8 mi-5
£90012/241.8 mi-2
£90012/241.8 mi-3
£60012/241.81 mi-2

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.43 miles away

Nearest school

0.30 miles away

Nearest train station

5.75 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £280,000

March 25, 2025

Floor Plans

Description

  • No Forward Chain +
  • Desirable Cul-de-sac +
  • Three Double Bedrooms +
  • Enclosed Private Garden +
  • Detached Garage +
  • Driveway +

Located in the highly sought after village of Shotley Bridge this three-storey family home is positioned along the River Derwent, bordering Northumberland the village benefits from many local amenities including, restaurants, pubs, good schools, shops and easy access to the A694 and A691 road links ideal for those commuting to Durham or Newcastle.

Shotley Bridge has beautiful surroundings and there are plenty of countryside walks the most popular of which being the Derwent Walk. A few minutes' drive away there is the added benefit of the retail park and Consett town centre which has supermarkets, numerous shops, restaurants, bars and bus station. With its many benefits it would make the ideal home for a variety of different buyers.

Entering through the front door the property briefly comprises; Welcoming entrance hall with stairs to the first floor, fitted kitchen with a good number of wall and base units with contrasting work tops, integrated appliances and part tiled walls. To the rear of the ground floor is a lounge/dining room with French doors that open out onto the rear garden. Off the hallway is a useful ground floor WC.

To the first floor is a light and airy landing leading to two a double bedrooms the largest with built-in wardrobes, views of the river to the rear and access to the Jack and Jill en-suite. The en-suite consists of; tiled shower and cubicle, low level w/c and pedestal hand wash basin. The third bedroom on the second floor is also a double room with walk-in wardrobe and an en-suite bathroom.

Externally to the rear is an enclosed garden with patio walkway, planting areas and access via a wooden gate to multi-car driveway providing plenty of off street parking and access to the detached garage. To the front, the property benefits from it own ornamental Prunus Nigra.

PART A
Local Authority – Durham County Council
Council Tax Band – D
Tenure – Freehold

PART B
Property Type – Terrace
Property Construction – Standard
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 boiler with radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website.

Estimated Broadband Download speeds – please refer to the Ofcom Website.
Parking: Garage & Driveway
Restrictions & Covenants: There are restrictive covenants in the title, details available on request.
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
Rights & Easements- None
Flood risk – Surface water very low, Rivers & seas -low.
Coastal Erosion - NA
Protected Trees – NA
Conservation area – Shotley Bridge
Planning Permission – NA
Accessibility – The property has not been altered for accessibility
Mining Area – Historical mining area
Selective License Area – No.

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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