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Cleadon Street, Consett DH8

North East

£75,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
Terraced House
Area
699 sqft

Description

This two-bedroom terraced house presents an exciting opportunity for those looking to invest or create their own space. Conveniently located, it boasts excellent public transport access and is near several green areas, making it a prime spot for those valuing both accessibility and a pleasant living environment. The home features two generously sized double bedrooms perfect for personal relaxation or adaptable usage. The bathroom is equipped with a bath and overhead shower, aligning with modern family needs. A kitchen with a dedicated dining space offers room for improvement, ideal for transforming into a warm gathering area for meals and entertaining guests. This property is in need of modernization, allowing you the chance to enhance its value significantly while tailoring the finish to your taste. With an EPC rating of D and council tax band A, it represents practicality without straining your budget. As a blank canvas ready for updates, this terraced home is an excellent choice whether you're stepping onto the property ladder or seeking your next investment project.

Investment Analysis

(DH8 area)

Below Market Value

This property is priced -32.0% below area average per sq ft

-32.0%
Potential saving
This Property
£107/sq ft
Area Average
£158/sq ft
Avg Rent (weekly)
£177
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£121,371
10% above area average per sq ft
Potential ROI
+10.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
61%
Properties sold annually

Local Market Trend (DH8)

Area prices are stable by -1.5% over the last 12 months
3 year growth: +14.0%
5 year growth: +21.0%
Investment Disclaimer: Analysis based on DH8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cleadon Street, Consett DH8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£270
Based on a loan of £56,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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