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Delvedere, Consett, Durham, DH8

North East

£75,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
882 sqft

Description

This three-bedroom semi-detached property offers a promising opportunity for those looking to invest in a project with significant potential. The freehold home is being sold with no onward chain, making it particularly appealing for first-time buyers and investors alike. Located in the sought-after area of Delvedere, DH8, this residence has convenient access to local amenities and transport links, enhancing its desirability. Spanning two floors, the accommodation is currently presented in a neutral palette but would benefit from some modernisation to fully unlock its potential. The ground floor features a front-facing lounge filled with natural light, creating a welcoming space for relaxation. Adjacent to the lounge, there is a separate dining room that provides versatility for family gatherings or entertaining guests. The kitchen serves as a functional area with scope for refurbishment or reconfiguration based on personal requirements. On the first floor, you will find three bedrooms leading off the landing. The main bedroom is spacious while the second bedroom retains comfortable proportions. The third bedroom is ideal for use as a child's room or home office. Completing this level are a bathroom and separate WC, which add functionality for family living. Externally, the property includes private gardens at both the front and rear, which offer ample opportunity for landscaping or enhancement to suit buyer preferences. Additionally, there is a lean-to structure on the side of the house that provides valuable storage options for tools or outdoor equipment. With generous room sizes and traditional layout characteristics, this property stands as an appealing choice for buyers willing to undertake renovation works and personalize their new home or as an investor's asset in a rental portfolio.

Investment Analysis

(DH8 area)

Below Market Value

This property is priced -46.2% below area average per sq ft

-46.2%
Potential saving
This Property
£85/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
£153,389
10% above area average per sq ft
Potential ROI
+53.4%
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

Delvedere, Consett, Durham, 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
£266
Based on a loan of £56,250 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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