3 Bed Terraced House, Single Let, Consett, DH8 8AL, £80,000

Pemberton Avenue, Consett, Durham, DH8 8AL - 7 days ago

BTL
ROI: 14%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£48K - £180K
Sold Prices/m²£808/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£860/m²

Value Estimate

£96,800
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£625 - £995

Rent Estimate

£698

Running Costs/mo

£410

Cashflow/mo

£288

Cashflow/yr

£3,461

ROI

14%

Gross Yield

10%

Local Sold Prices

34 sold prices from £48K to £180K, average is £100K. £808/m² to £2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£80K04/230.03 mi52, Thornfield Road, Consett, County Durham DH8 8AY3
£75K02/230.05 mi31, The Bye, Consett, County Durham DH8 8AJ3
£70K05/230.13 mi17, Thornfield Road, Consett, County Durham DH8 8AX3
£100K05/230.23 mi37, Cedar Gardens, Consett, County Durham DH8 8AU3
£77.5K10/200.26 mi4, Kent Road, Consett, County Durham DH8 8HN3
£80.5K05/210.28 mi62, Arkless Grove, The Grove, Consett, County Durham DH8 8AB3
£80K06/230.32 mi48, Surrey Crescent, Consett, County Durham DH8 8HU3
£95K04/210.46 mi67, Dunelm Road, Consett, County Durham DH8 8HR3
£71K10/200.57 mi23, Norfolk Road, Consett, County Durham DH8 8DD3
£87K12/220.57 mi29, Norfolk Road, Consett, County Durham DH8 8DD3
£98K12/210.59 mi143, Surrey Crescent, Consett, Durham DH8 8DF3
£110K02/230.61 mi15, Lincoln Road, Consett, County Durham DH8 8EB3
£100K04/230.63 mi6, Derby Drive, Consett, County Durham DH8 8DA3
£48K06/230.69 mi9, York Avenue, Consett, County Durham DH8 8DS3
£86.5K05/230.69 mi1, York Avenue, Consett, County Durham DH8 8DS3
£126K05/230.7 mi21, Cumberland Road, Consett, County Durham DH8 8DW3
£85K12/220.71 mi5, Lancaster Road, Consett, County Durham DH8 8DR3
£103.5K10/200.74 mi12, Wesley Terrace, Consett, County Durham DH8 9QB3
£129.9K12/220.74 mi57, Warwick Avenue, Consett, County Durham DH8 8DP3
£80K07/210.77 mi18, Park Terrace, Castleside, Consett, Durham DH8 9QF3
£145K01/230.78 mi82, Essex Avenue, Consett, County Durham DH8 8DG3
£162K01/230.78 mi26, Wesley Gardens, Consett, County Durham DH8 9QE3
£145K06/210.81 mi12, Hillgarth, Castleside, Consett, Durham DH8 9QD3
£105K11/200.84 mi12, Generation Place, Consett, Durham DH8 5XT3
£141K04/210.87 mi17, Maudville, Consett, Durham DH8 9QG3
£138K03/230.88 mi43, Fenwick Way, Consett, County Durham DH8 5FD3
£135K05/230.89 mi20, Romany Drive, Consett, County Durham DH8 5XL3
£118.5K04/230.92 mi12, The Green, Consett, County Durham DH8 5BG3
£113K07/210.92 mi6, The Green, Consett, County Durham DH8 5BG3
£95.5K12/200.92 mi10, Dale Court, Consett, Durham DH8 5DJ3
£96K05/230.93 mi98, Fenwick Way, Consett, County Durham DH8 5FE3
£135K02/230.94 mi62, Berry Edge Road, Consett, County Durham DH8 5DS3
£180K11/200.96 mi42, Stuart Court, Consett, Durham DH8 5GA3
£155K07/210.96 mi53, Stuart Court, Consett, Durham DH8 5GA3

Local Rents

10 rents from £625/mo to £995/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£99512/240.48 mi-3
£75012/240.84 mi-3
£77003/250.84 mi-3
£72512/240.94 miSpiro Court, Consett, Durham, DH83
£71512/241.07 mi-3
£62512/241.07 mi-3
£72503/251.14 mi-3
£69512/241.22 mi-3
£72502/251.23 mi-3
£79512/241.24 miAskrigg Close, Consett3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.09 miles away

Nearest school

0.20 miles away

Nearest train station

7.53 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £80,000

March 27, 2025

Floor Plans

Description

  • Three Bedroom Terrace +
  • No Onward Chain +
  • Good Size Garden +
  • Approximate Floor Area 82 Sq Mtrs/ 883 Sq Ft +
  • Council Tax Band A +
  • EPC Rating D +

This three bedroom terraced house is brought to the market with the convenience of no onward chain. The property provides ample accommodation throughout as well as offering a wealth of potential, this house would certainly make an ideal first time purchase or investment opportunity.

Internally the property briefly comprises of a generous sized lounge with feature fireplace, a kitchen/diner, a modern wet room and three well-proportioned double sized bedrooms.

Externally to the rear is pleasant garden which is mainly laid to lawn with the addition of a patio area and to the front is a smaller garden with lawn and borders.

Pemberton Avenue is located in The Grove which is just over one mile from Consett Town Centre. There is a convenience store and two primary schools within walking distance and there are many more amenities and facilities in the two centre to enjoy. Excellent transport links are accessible close to the property via the A692 highway and the regional cities of Durham and Newcastle 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.

QCO250063/2

Agent Details

YOUR MOVE Chris Stonock, Consett

01207 265949

Next Steps?

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