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John Street Square, Consett

North East

£27,500
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
451 sqft

Description

This end-terrace commercial property in the central area of Consett presents a valuable investment opportunity. Previously operated as a barbers, it features three reception rooms, a kitchenette, and essential facilities including a WC and storage area. The layout comprises a porch and landing that opens up to the three reception spaces, making it suitable for various potential uses. Outside, there is a manageable rear yard area. While the property currently requires some internal improvements to reach its full potential, its location in a bustling town centre surrounded by amenities suggests high desirability once renovated. This offers scope for various business ventures or could be transformed into a residential unit, capitalizing on the growing demand in the area.

Investment Analysis

(DH8 area)

Below Market Value

This property is priced -61.4% below area average per sq ft

-61.4%
Potential saving
This Property
£61/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
£78,309
10% above area average per sq ft
Potential ROI
+49.2%
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

John Street Square, 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
£99
Based on a loan of £20,625 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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