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York Avenue, Consett

North East

£50,000

Listed on 23/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
459 sqft

Description

This three-bedroom mid-terrace home, situated in the desirable village of Moorside near Consett, presents an excellent opportunity for renovation and enhancement. The property features a spacious layout that includes an entrance hall leading to a through lounge diner with access to the rear garden, along with a fitted kitchen diner on the ground floor. Upstairs, you'll find three reasonably sized bedrooms accompanied by a family bathroom. The front offers hard standing, while the elevated rear garden provides potential for outdoor improvements. Given its condition, this property invites buyers looking to invest in a refurbishment project or those interested in buy-to-let opportunities. With internal updates required throughout, it is ideal for first-time buyers eager to add personal touches or for investors aiming to maximise rental yield. Viewing is highly recommended as interest is expected to be significant.

Investment Analysis

(DH8 area)

Below Market Value

This property is priced -32.5% below area average per sq ft

-32.5%
Potential saving
This Property
£109/sq ft
Area Average
£161/sq ft
Avg Rent (weekly)
£169
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£81,440
10% above area average per sq ft
Potential ROI
+8.6%
After renovation
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

York Avenue, Consett
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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
£189
Based on a loan of £37,500 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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