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6 Taylor Street, Consett, County Durham DH8 5RQ - Image 1
6 Taylor Street, Consett, County Durham DH8 5RQ - Image 2
6 Taylor Street, Consett, County Durham DH8 5RQ - Image 3
6 Taylor Street, Consett, County Durham DH8 5RQ - Image 4
6 Taylor Street, Consett, County Durham DH8 5RQ - Image 5
6 Taylor Street, Consett, County Durham DH8 5RQ - Image 6
6 Taylor Street, Consett, County Durham DH8 5RQ - Image 7

6 Taylor Street, Consett, County Durham DH8 5RQ

North East

£50,000

Listed on 06/06/2026

Property Details

Bedrooms
N/A
Type
Commercial Property

Description

This property presents a promising investment opportunity in Consett, ideally located near Hermiston Retail Park. It offers significant potential for development, allowing for a transition from commercial to residential use or a mixed-use setup. The current structure could be transformed into three ground floor commercial units alongside two two-bedroom and two three-bedroom flats, pending the necessary planning permissions. While the building requires refurbishment, this endeavor can yield substantial returns given its strategic location within the Consett South selective licensing area. Prospective buyers should conduct thorough due diligence as outlined in the legal documentation provided.

Investment Analysis

(DH8 area)
Area Average
£161/sq ft
Avg Rent (weekly)
£169
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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
17%
Properties sold annually

Local Market Trend (DH8)

Area prices are falling by -5.0% over the last 12 months
3 year growth: +10.4%
5 year growth: +14.2%
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

6 Taylor Street, Consett, County Durham DH8 5RQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£189
Based on a loan of £37,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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