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Percy Terrace, Delves Lane, Consett, DH8

North East

£30,000
Listed on 14/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced house located in Delves Lane, Consett, presents a significant opportunity for those looking to undertake a renovation project. Offering a ground floor layout that includes a kitchen, lounge, dining area, and bathroom, alongside two spacious double bedrooms on the first floor, this property is primed for transformation. A rear yard provides outdoor space that can be developed further. Additionally, potential buyers have the option to explore purchasing adjacent land from Durham County Council, which could enhance overall value and usage of the property. With a complete renovation needed, this home allows for personal design choices and investment potential.

Investment Analysis

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

Renovation Potential

Heavy 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

Percy Terrace, Delves Lane, 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
£107
Based on a loan of £22,500 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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