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West View, Medomsley Edge, Consett, DH8 - Image 1
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West View, Medomsley Edge, Consett, DH8

North East

£40,000
Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced home, set on a manageable plot of approximately 0.08 acres, presents a compelling opportunity for those interested in refurbishment and value creation. The property features a welcoming entrance porch leading to two distinct reception areas, a kitchen, and a ground-floor bathroom, while the first floor houses two spacious double bedrooms. Outside, the long rear garden provides ample space for development, complemented by additional land at the back containing several wooden structures that could be revitalized or repurposed with the appropriate permissions. Situated in Medomsley, a tranquil former mining village just two miles from Consett, this property benefits from excellent connectivity to major regional centres like Durham and Tyneside. Local amenities are available within Medomsley itself, with a broader selection accessible in Consett town center. This home offers significant potential for modernisation and enhancement, making it an attractive prospect for investors or buyers eager to embark on a renovation project that can yield substantial returns.

Investment Analysis

(DH8 area)
Area Average
£161/sq ft
Avg Rent (weekly)
£177
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
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

West View, Medomsley Edge, Consett, 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
£143
Based on a loan of £30,000 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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