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Fenwick Way, Consett, County Durham, DH8 - Image 1
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Fenwick Way, Consett, County Durham, DH8 - Image 3
Fenwick Way, Consett, County Durham, DH8 - Image 4
Fenwick Way, Consett, County Durham, DH8 - Image 5
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Fenwick Way, Consett, County Durham, DH8 - Image 8
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Fenwick Way, Consett, County Durham, DH8

North East

£147,000

Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
725 sqft

Description

This semi-detached home presents an excellent opportunity for first-time buyers or investors seeking to make their mark in the property market. The vendor has already secured the freehold, providing additional peace of mind for future ownership. Inside, the property offers a versatile layout beginning with an entrance hallway that leads into a spacious lounge featuring a traditional fireplace, perfect for creating a cozy atmosphere. The kitchen/diner is sizable, boasting French doors that open onto the rear garden, presenting an ideal space for family gatherings or entertaining guests. Upstairs hosts three bedrooms, including two doubles, alongside a family bathroom. This property is currently a blank canvas and is ready for personal touches and improvements to enhance its potential value. Outside, a driveway offers convenient parking along with side access to the well-sized garden that could be transformed into a lovely outdoor area. Located just off Genesis Way, this home is within easy reach of Consett retail park and local amenities such as Tesco, ensuring that daily conveniences are just a short distance away. Additional local attractions include recreational facilities and educational institutions approximately 1.5 miles from the property.

Investment Analysis

(DH8 area)

Above Market Value

This property is priced +25.8% above area average per sq ft

+25.8%
This Property
£203/sq ft
Area Average
£161/sq ft
Avg Rent (weekly)
£177
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£128,517
10% above area average per sq ft
Potential ROI
-25.3%
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
18%
Properties sold annually

Local Market Trend (DH8)

Area prices are falling by -4.4% over the last 12 months
3 year growth: +12.8%
5 year growth: +16.8%
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

Fenwick Way, Consett, County Durham, DH8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£524
Based on a loan of £110,250 over 30 years at 3.97% 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

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