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Allison Street, Consett, Durham, DH8 - Image 1
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Allison Street, Consett, Durham, DH8

North East

£90,000
Listed on 04/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
1001 sqft

Description

This two-bedroom mid-terrace property on Allison Street presents an appealing opportunity for those looking to invest in a renovation project. Ideally located near Consett town centre, it offers easy access to local amenities, shops, and public transport, making it suitable for first-time buyers and investors alike. The ground floor features a well-designed layout with two spacious reception rooms, allowing for flexible family living and entertaining. Natural light floods the front lounge through a large window, while the adjoining dining room connects seamlessly to the kitchen, enhancing social interaction. Adjacent to the kitchen is a practical utility area complete with a downstairs WC—a valuable feature for modern lifestyles. Upstairs boasts two generous double bedrooms that provide ample space for furnishings. The main bathroom, while functional, is in need of modernization and has the potential to be transformed into an elegant retreat. The property also includes off-street parking at the rear and a small garden area which could be improved or utilized for additional storage. Although some updating is required, this home offers a sturdy structure and numerous opportunities to enhance its value through renovation. With its sizeable rooms and favorable location close to town amenities, this property on Allison Street stands as an excellent canvas for creating a charming and comfortable home.

Investment Analysis

(DH8 area)

Below Market Value

This property is priced -43.0% below area average per sq ft

-43.0%
Potential saving
This Property
£90/sq ft
Area Average
£158/sq ft
Avg Rent (weekly)
£177
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£173,809
10% above area average per sq ft
Potential ROI
+51.1%
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
61%
Properties sold annually

Local Market Trend (DH8)

Area prices are stable by -1.5% over the last 12 months
3 year growth: +14.0%
5 year growth: +21.0%
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

Allison Street, Consett, Durham, 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
£325
Based on a loan of £67,500 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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