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St Marys Crescent, Consett, County Durham, DH8

North East

£100,000
Listed on 05/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
847 sqft

Description

This two-bedroom stone terrace, originally designed with three bedrooms, presents a unique opportunity for renovation and customization. The property has already undergone some reconfiguration but retains the potential to be restored to its original layout, allowing new owners to maximize its living space according to their needs. Located in the sought-after area of Blackhill, this home is poised for modernization. It features a low-maintenance rear garden and a gated driveway, enhancing both accessibility and privacy. Inside, you’ll find UPVC double glazing and gas central heating powered by a combi boiler. The layout includes an entrance hall, a living room, and a fitted kitchen/diner that opens into a rear lobby. The contemporary bathroom is equipped with both a bath and a separate shower cubicle. Upstairs are two well-proportioned bedrooms, which could be adapted or expanded as desired. The property benefits from easy access to local amenities in both Blackhill and Bridgehill, with Consett town centre just over a mile away. Public transport links provide straightforward connections to surrounding villages as well as regional hubs such as Durham and Newcastle, both within 15 miles. Additionally, outdoor enthusiasts will appreciate the proximity to the Derwent Country Walk and the Coast-to-Coast cycle route. As an investment opportunity, this property offers significant potential for value appreciation through thoughtful renovations and upgrades tailored to contemporary tastes. With its favorable location and versatility in layout, it stands ready for transformation into a modern home or rental property.

Investment Analysis

(DH8 area)

Below Market Value

This property is priced -24.5% below area average per sq ft

-24.5%
Potential saving
This Property
£118/sq ft
Area Average
£156/sq ft
Avg Rent (weekly)
£183
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£145,625
10% above area average per sq ft
Potential ROI
+12.0%
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

St Marys Crescent, Consett, County 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
£366
Based on a loan of £75,000 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.

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