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Durham Road, Leadgate, Consett, Durham, DH8 7RL - Image 1

Durham Road, Leadgate, Consett, Durham, DH8 7RL

North East

£60,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
End Of Terrace

Description

This two-bedroom end terrace property, constructed from durable stone, presents an inviting opportunity for prospective buyers looking to invest in a renovation project. The property boasts a generous layout, featuring two spacious reception rooms and two double bedrooms that provide ample living space. While the home requires refurbishment, its prime location near local shops, schools, and public transport links to Consett and Durham enhances its investment potential. The layout consists of an entrance porch leading into a hallway, a lounge with a bay window, a dining room with a charming stone effect fireplace, and a kitchen equipped with fitted units. The first floor hosts two well-proportioned bedrooms and a bathroom featuring essential amenities. Additional benefits include gas central heating and part double glazing. Outside, the front garden adds curb appeal while the rear yard features paving and an outbuilding that could be repurposed. With no onward chain, this property is ready for transformation into a modern living space or rental investment.

Investment Analysis

(DH8 area)
Area Average
£161/sq ft
Avg Rent (weekly)
£169
Avg Yield
4.6%

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
47
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DH8)

Area prices are falling by -5.0% over the last 12 months
3 year growth: +10.4%
5 year growth: +14.2%
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, Durham, DH8 7RL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£227
Based on a loan of £45,000 over 30 years at 4.45% 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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