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Ritsons Road, Consett

North East

£110,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house provides ample space and functional layout across two reception rooms, making it an ideal candidate for modernisation. Upon entry, you'll find a welcoming hallway that leads into two spacious reception rooms. The primary reception area is bright and comfortable, while the second room can serve as a dining area or additional living space, featuring a charming fireplace with a log burner that adds warmth and character to the home. The kitchen, located at the rear, is practical with fitted units and integrated appliances, offering solid foundations for future upgrades. On the first floor, there are three well-sized bedrooms: two generous doubles equipped with fitted wardrobes and a smaller room that can function as a bedroom, office, or nursery. The family bathroom includes a four-piece suite that balances practicality with comfort. The property boasts an elevated enclosed rear garden suited for outdoor relaxation or dining, along with convenient on-street parking options at both the front and rear. Conveniently positioned just a short walk from local schools and amenities such as shops and cafes, this home also has good transport links nearby. Offering great renovation potential, this property is well-suited for buyers looking to infuse their personal style or secure an investment opportunity that can yield strong future returns. Viewing is recommended to fully appreciate its spaciousness and transformative potential.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Ritsons Road, Consett
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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
£397
Based on a loan of £82,500 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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