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The Close, Shotley Bridge, Consett, DH8 - Image 1
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The Close, Shotley Bridge, Consett, DH8

North East

£170,000
Listed on 18/10/2025

Property Details

Bedrooms
1
Type
Detached house
Area
626 sqft

Description

This detached bungalow is nestled in a quiet cul-de-sac, offering a solid foundation for those looking to customize their living space or invest in a property with renovation potential. With one bedroom and generous surrounding gardens, the home benefits from uPVC double glazing and gas central heating, although some updates would enhance its appeal. Upon entering, you'll find an entrance porch that leads into a hallway connecting the lounge, kitchen diner, and well-sized bedroom along with a bathroom. The spacious driveway at the front and mature gardens in both the front and rear provide ample outdoor space for gardening or relaxation. Conveniently located, this property is within easy reach of local shopping and recreational facilities in Shotley Bridge and Blackhill. Additionally, Consett town centre is just a mile-and-a-half away, offering further amenities. The cul-de-sac setting contributes to a peaceful environment while still providing straightforward access to key regional connections including Durham, Tyneside, and Northumberland. Prospective buyers should note that the property is sold with vacant possession and no forward chain, facilitating a smoother purchasing process. Furthermore, it has been granted Probate, simplifying the transaction for investors or first-time buyers alike. Given its location and layout, this bungalow presents an excellent opportunity for renovation enthusiasts or investors seeking to add value through modernization. With careful updates and creative vision, this property could transform into a desirable home or investment asset in a sought-after area.

Investment Analysis

(DH8 area)

Above Market Value

This property is priced +73.7% above area average per sq ft

+73.7%
This Property
£272/sq ft
Area Average
£156/sq ft
Avg Rent (weekly)
£183
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£107,628
10% above area average per sq ft
Potential ROI
-44.8%
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
24%
Properties sold annually

Local Market Trend (DH8)

Area prices are rising by +5.2% over the last 12 months
3 year growth: 18.0%
5 year growth: 27.1%
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

The Close, Shotley Bridge, Consett, DH8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£623
Based on a loan of £127,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE