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Cleadon Street, Consett, DH8

North East

£85,000
Listed on 25/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced house presents a solid opportunity for renovation and investment, ideal for both first-time buyers looking to make their mark and seasoned investors seeking to enhance their portfolio. The home enjoys a prime location with convenient public transport access and nearby green spaces, suitable for those who value both accessibility and a pleasant living environment. Inside, the property offers two generously sized double bedrooms that can easily accommodate various layouts or purposes. The bathroom is equipped with a bath and an overhead shower, meeting the needs of modern family life. The kitchen features a dedicated dining area, inviting creative renovations that could transform it into a welcoming space for entertaining. This home requires updating, providing potential owners the chance to significantly increase its value while personalising it to suit their tastes. With an EPC rating of D and council tax band A, this property is not only practical but also appealing to budget-conscious buyers seeking long-term benefits. As a blank canvas for improvements, this terraced property stands out as an excellent project in a sought-after area. Whether you're stepping onto the property ladder or hunting for an investment opportunity, this home offers versatile potential to fulfil various needs. Early viewings are encouraged to fully appreciate what this property has to offer.

Investment Analysis

(DH8 area)
Area Average
£158/sq ft
Avg Rent (weekly)
£190
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
60%
Properties sold annually

Local Market Trend (DH8)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +14.1%
5 year growth: +18.6%
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
£307
Based on a loan of £63,750 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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