3 Bed Semi-Detached House, Planning Permission, Consett, DH8 7RG, £155,000

Laurel Drive, Consett, County Durham, DH8 7RG - 3 views - a month ago

Planning
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£60K - £390K
Sold Prices/m²£793/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£115,654

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£9,550

Total Cash In

£48,300

 

 

Cash Out

 

Rent Range

£600 - £2,850

Rent Estimate

£650

Running Costs/mo

£634

Cashflow/mo

£16

Cashflow/yr

£188

ROI

0%

Gross Yield

5%

Local Sold Prices

46 sold prices from £60K to £390K, average is £104.5K. £793/m² to £2.3K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£112.5K06/210.02 mi38, Laurel Drive, Consett, County Durham DH8 7RG3
£60K12/200.05 mi15, Willow Crescent, Consett, County Durham DH8 7RQ3
£115K07/210.05 mi39, Willow Crescent, Consett, County Durham DH8 7RQ3
£95K04/210.11 mi133, Durham Road, Leadgate, Consett, County Durham DH8 7QY3
£80K03/210.12 mi96, Durham Road, Leadgate, Consett, County Durham DH8 7RB3
£111K12/200.18 mi157, Durham Road, Leadgate, Consett, Durham DH8 7QZ3
£95K06/230.19 mi7, Plantation Street, Consett, County Durham DH8 7PP3
£80K08/210.22 mi6, Wingrove Terrace, Consett, County Durham DH8 7QE3
£176K12/220.28 mi35, St Ives Gardens, Leadgate, Consett, County Durham DH8 7PQ3
£160K04/210.28 mi7, St Ives Gardens, Leadgate, Consett, Durham DH8 7PQ3
£137.5K11/220.28 mi18, St Ives Gardens, Leadgate, Consett, County Durham DH8 7PQ3
£88K01/210.29 mi59, St Ives Road, Consett, County Durham DH8 7QB3
£88K01/210.29 mi59, St Ives Road, Consett, County Durham DH8 7QB3
£151.5K03/230.29 mi64, St Ives Road, Consett, County Durham DH8 7QB3
£121.5K07/230.3 mi6, Bluebell Close, Leadgate, Consett, County Durham DH8 7GA3
£116K12/220.3 mi14, Bluebell Close, Leadgate, Consett, County Durham DH8 7GA3
£140K01/210.38 mi13, Patterdale Mews, Consett, County Durham DH8 6HQ3
£110K04/230.43 mi18, Dere Park, Leadgate, Consett, County Durham DH8 6DG3
£97K01/210.5 mi21, Second Street, Watling Street Bungalows, Consett, Durham DH8 6HP3
£81K12/200.59 mi6, Pont Road, Consett, Durham DH8 6HE3
£169.9K11/200.69 mi20, Newbell Court, Consett, Durham DH8 6FE3
£88.3K05/230.7 mi18, Third Street, Crookhall, Consett, County Durham DH8 7LT3
£120K08/210.72 mi22, Steadings Court, Consett, Durham DH8 6GA3
£105K03/210.79 mi9, Ash Grove, Consett, Durham DH8 6EB3
£69K10/210.85 mi39, Woody Close, Consett, County Durham DH8 7HN3
£151.3K03/230.88 mi10, Oakdale Road, Consett, County Durham DH8 6AT3
£95K10/210.89 mi71, Castledene Road, Consett, County Durham DH8 7HH3
£72.5K12/200.9 mi117, Castledene Road, Consett, County Durham DH8 7HL3
£70K01/210.91 mi50, Old Hall Road, Consett, County Durham DH8 7HU3
£107K06/230.91 mi56, Old Hall Road, Consett, County Durham DH8 7HU3
£124K11/200.92 mi33, Ashdale Road, Consett, Durham DH8 6AU3
£141K04/230.92 mi17, Meadow Rise, Consett, County Durham DH8 6NS3
£90.5K07/210.93 mi30, Lumley Drive, Consett, Durham DH8 7DS3
£80K12/200.94 mi57, Iveston Road, Consett, County Durham DH8 7HR3
£115K07/210.94 mi6, Park Avenue, Consett, County Durham DH8 6AS3
£100K05/210.95 mi43, Villa Real Road, Consett, County Durham DH8 6BL3
£390K12/200.95 mi4a, Iveston Lane, Iveston, Consett, County Durham DH8 7TD3
£65K03/210.96 mi7, Pontop View, Consett, County Durham DH8 7JB3
£95K02/230.96 mi133, Castledene Road, Consett, County Durham DH8 7DZ3
£104K02/230.98 mi24, Gloucester Road, Consett, County Durham DH8 7LL3
£77K03/210.98 mi22, Gloucester Road, Consett, County Durham DH8 7LL3
£230K02/230.98 mi69, Iveston Lane, Iveston, Consett, County Durham DH8 7TB3
£135K01/230.98 mi30, Gladstone Street, Consett, County Durham DH8 6AQ3
£62K02/210.99 mi28, Fairfield, Consett, County Durham DH8 7HA3
£65K02/230.99 mi8, Fairfield, Consett, County Durham DH8 7HA3
£178K02/230.99 mi162, Greenways, Consett, County Durham DH8 7DW3

Local Rents

19 rents from £600/mo to £2.9K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£65004/240.13 mi-3
£65012/240.13 miDunelm Way, Consett, DH83
£65002/240.13 mi-3
£60012/240.25 mi-3
£75012/240.3 miBluebell Close, Leadgate, Consett, DH83
£75012/240.7 miSteading Court, Consett3
£2,85002/250.9 mi-3
£69501/250.95 mi-3
£90012/241.02 mi-3
£75012/241.02 mi-3
£72512/241.09 mi-3
£70012/241.1 miChapel Drive, Consett, DH83
£77502/251.14 mi-3
£1,00004/251.17 mi-3
£79012/241.21 miDeepdale Drive, Consett, DH83
£79012/241.21 mi-3
£72503/251.22 mi-3
£80012/241.22 mi-3
£69512/241.23 mi-3

Local Area Statistics

Population in DH8

38,324

Population in Consett

38,379

Town centre distance

1.34 miles away

Nearest school

0.10 miles away

Nearest train station

7.70 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £155,000

March 29, 2025

Floor Plans

Description

  • Spacious Family Home +
  • Detached Garage +
  • Parking For Multiple Vehicles +
  • Three Bedrooms +
  • Front & Rear Gardens +
  • Kitchen Diner +

An Ideal family home with a detached garage, situated in a pleasant position with off-street parking for numerous vehicles, front & rear gardens and open plan kitchen diner.

Available with no forward chain, this semi-detached house is well-presented throughout and has the benefit of uPVC double glazing and gas central heating. The accommodation comprises: Entrance hall, lounge, kitchen dining room with storage cupboard, three bedrooms and a modern bathroom. Externally, there is a garden to both the front and rear with a large block-paved driveway leading to the detached garage to the side.

Laurel Drive is situated in a popular area of Leadgate with local shops, Primary Schools and facilities available within the nearby village centre. Consett Town centre is just over one mile distant, with excellent road links to the regional centres of Durham and Tyneside.

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

PART B
Property Type – Semi-Detached
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: 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 – Very low risk
Coastal Erosion - NA
Protected Trees – NA
Conservation area – NO
Planning Permission – Yes
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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