Worst House on the Street Logo
Lea Side, Consett, Durham, DH8 - Image 1
Lea Side, Consett, Durham, DH8 - Image 2
Lea Side, Consett, Durham, DH8 - Image 3
Lea Side, Consett, Durham, DH8 - Image 4
Lea Side, Consett, Durham, DH8 - Image 5
Lea Side, Consett, Durham, DH8 - Image 6
Lea Side, Consett, Durham, DH8 - Image 7
Lea Side, Consett, Durham, DH8 - Image 8
Lea Side, Consett, Durham, DH8 - Image 9
Lea Side, Consett, Durham, DH8 - Image 10
Lea Side, Consett, Durham, DH8 - Image 11

Lea Side, Consett, Durham, DH8

North East

£80,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
877 sqft

Description

This three-bedroom mid-terraced bungalow, located in a well-connected and sought-after neighborhood, offers a unique opportunity for those interested in renovation and investment. The property is in need of comprehensive modernization, making it an ideal project for buyers looking to tailor a home to their specific tastes and needs. The layout includes a spacious lounge that provides flexibility for family living and entertaining. Two generously sized double bedrooms along with a single bedroom present numerous options, whether you need additional space for children, guests, or a dedicated home office. One of the property's notable assets is the expansive rear garden, which not only provides ample outdoor space but also presents possibilities for landscaping or potential extensions (subject to planning permission). This area could be transformed into a vibrant outdoor retreat or serve as additional living space. Positioned within walking distance of local shops, respected schools, and robust transport links, this bungalow boasts significant convenience for families and commuters alike. Given the strong demand for properties in the area, there is considerable potential to enhance value through thoughtful renovations. This property represents an excellent opportunity for investors or buyers who are keen to create a bespoke living environment. Early interest is encouraged to fully appreciate the possibilities this bungalow has to offer.

Investment Analysis

(DH8 area)

Below Market Value

This property is priced -41.6% below area average per sq ft

-41.6%
Potential saving
This Property
£91/sq ft
Area Average
£156/sq ft
Avg Rent (weekly)
£183
Avg Yield
5.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£150,783
10% above area average per sq ft
Potential ROI
-5.8%
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

Lea Side, Consett, Durham, DH8
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£293
Based on a loan of £60,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE