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

North East

£110,000
Listed on 20/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1001 sqft

Description

This two-bedroom mid-terrace property on Allison Street presents a unique opportunity for buyers interested in a renovation project or seeking to make a sound investment. Situated within walking distance of Consett town centre, residents can enjoy easy access to an array of local amenities, including shops, cafés, and public transport options. The ground floor features a well-proportioned layout with two spacious reception rooms. The front lounge benefits from large windows that allow natural light to fill the space, creating an inviting atmosphere. Adjacent to the lounge is a separate dining room that flows into the kitchen, promoting a practical and sociable environment. Additionally, there is a utility area and a downstairs WC, enhancing functionality for everyday living. On the upper level, you will find two generous double bedrooms that provide ample space for furnishings and personal touches. The main bathroom is also situated on this floor and holds potential for modernization, allowing you to create a contemporary retreat tailored to your preferences. Externally, the property offers off-street parking at the rear—a significant convenience in urban living—and includes a small garden area that could be transformed into an outdoor retreat or used for additional storage. While some updating is required throughout the home, its solid structure and spacious design offer considerable scope for improvement and value addition. Whether you are an investor looking for your next project or a first-time buyer eager to personalize your new home, this property on Allison Street represents a promising prospect with its appealing location and abundant potential.

Investment Analysis

(DH8 area)

Below Market Value

This property is priced -30.2% below area average per sq ft

-30.2%
Potential saving
This Property
£110/sq ft
Area Average
£157/sq ft
Avg Rent (weekly)
£183
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£173,313
10% above area average per sq ft
Potential ROI
+28.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (DH8)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 14.7%
5 year growth: 19.0%
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

Allison 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
£403
Based on a loan of £82,500 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