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Metcalfe Road, Delves, Consett, Durham, DH8 7HD - Image 1
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Metcalfe Road, Delves, Consett, Durham, DH8 7HD

North East

£75,000
Listed on 22/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This semi-detached property presents a noteworthy opportunity for renovation enthusiasts and investors looking to enhance their portfolio. Located in the Delves neighborhood of Consett, the two-bedroom home features a spacious layout with well-proportioned living areas, making it an ideal candidate for modernization. The entrance hall welcomes you into the home with access to both the lounge and kitchen. The lounge is characterized by a double-glazed front window and a fireplace that could be updated to create a more contemporary focal point. The kitchen includes functional wall and base units with existing appliances, along with double-glazed windows that provide ample natural light and views into the rear garden. Upstairs, the property includes two double bedrooms, both of which offer potential for reconfiguration or enhancement to suit personal preferences or rental needs. The bathroom features essential amenities and offers a blank canvas for an upgrade, with modern fixtures potentially adding value to the property. Outside, the front garden is primarily laid to lawn and enclosed by fencing, while the rear garden also provides outdoor space that could be further developed or landscaped according to your vision. Situated close to local shops, schools, and just a short distance from Consett town center, this location benefits from convenient access to everyday amenities which can appeal to future tenants or buyers alike. As a freehold property without onward chain complications, this home not only represents an inviting project but also holds significant investment potential in an engaging community setting.

Investment Analysis

(DH8 area)
Area Average
£156/sq ft
Avg Rent (weekly)
£183
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
24%
Properties sold annually

Local Market Trend (DH8)

Area prices are rising by +5.2% over the last 12 months
3 year growth: 18.0%
5 year growth: 27.1%
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

Metcalfe Road, Delves, Consett, Durham, DH8 7HD
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£275
Based on a loan of £56,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE