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Durham Road, Leadgate, Consett, DH8

North East

£70,000
Listed on 17/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
1032 sqft

Description

This end-terraced house presents a promising opportunity for renovation and investment. With two spacious bedrooms, a separate dining area, and a living room featuring a bay window, the property has good bones but requires modern updates to fully realise its potential. Key features include uPVC double-glazed windows and gas central heating, with a fairly new boiler installed in 2025. The layout comprises an entrance hallway leading into the lounge, dining room, and kitchen on the ground floor, while the first floor houses the two bedrooms and a bathroom. Outside, you'll find a forecourt garden at the front and a stone-walled terrace in the rear along with access to a single garage. Located on the south-east edge of Leadgate village, this property is conveniently close to local shops and key transport routes leading to Durham and Newcastle — making it an ideal spot for commuters. The area is surrounded by scenic country walks and cycling routes, enhancing its appeal as both a residential space and rental investment.

Investment Analysis

(DH8 area)

Below Market Value

This property is priced -57.1% below area average per sq ft

-57.1%
Potential saving
This Property
£68/sq ft
Area Average
£158/sq ft
Avg Rent (weekly)
£173
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£179,475
10% above area average per sq ft
Potential ROI
+88.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DH8)

Area prices are stable by -0.9% over the last 12 months
3 year growth: +14.1%
5 year growth: +23.0%
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

Durham Road, Leadgate, Consett, DH8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£248
Based on a loan of £52,500 over 30 years at 3.91% 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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