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Dixon Street, Consett, Durham, DH8 - Image 1
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Dixon Street, Consett, Durham, DH8

North East

£90,000
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
680 sqft

Description

This two-bedroom terrace house presents an excellent opportunity for those seeking a property with renovation potential. The home is positioned conveniently near a variety of local amenities, making it suitable for both first-time buyers and investors looking to capitalize on a property that requires some updating. Upon entering, the ground floor features a spacious lounge that serves as the heart of the home, offering ample room for relaxation and dining. Adjacent to this area is the kitchen, equipped with modern white gloss cabinetry and contrasting work surfaces, providing a practical layout. A door from the kitchen leads directly to a private rear yard, enhancing the indoor-outdoor flow and access to outdoor space. The upper level comprises two bedrooms. The primary bedroom is a generously sized double, allowing for additional furnishings like wardrobes. The second bedroom is larger than typical single rooms and offers versatility; it could easily function as a guest room, nursery, or home office. Completing this floor is a bathroom fitted with a three-piece suite. The exterior includes a sizable rear yard designed for low maintenance, offering enough space for outdoor furniture or potted plants—ideal for those who prefer minimal upkeep. While the property would benefit from modernization, it offers significant scope for buyers to personalize and increase its value over time. Additionally, there’s no onward chain involved in the sale process, facilitating a more straightforward transaction. Located in close proximity to shops, schools, and public transport options, this property is well-suited for various lifestyles. Given its renovation potential in an appealing neighborhood, it’s sure to attract interest from both homebuyers and investors looking to enhance their portfolio.

Investment Analysis

(DH8 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£132/sq ft
Area Average
£156/sq ft
Avg Rent (weekly)
£183
Avg Yield
5.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£116,912
10% above area average per sq ft
Potential ROI
+11.3%
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
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

Dixon Street, Consett, Durham, 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
£330
Based on a loan of £67,500 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