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Balmoral Grove, Consett

North East

£250,000

Listed on 08/07/2026

Property details

Bedrooms
4
Type
Detached

Description

This four-bedroom detached property presents a fantastic opportunity for those looking to invest in a home with significant renovation potential. Set in the desirable Balmoral Grove development, this residence boasts spacious living areas and an ensuite master bedroom, making it ideal for families. The layout allows for further enhancement, particularly through the creation of an open-plan kitchen-dining-living space that would suit modern lifestyles and increase overall value. The bright lounge with a gas fireplace offers a cozy atmosphere, while the conservatory enhances natural light and connects seamlessly to the garden. With well-maintained interiors and attractive gardens, this home can be enjoyed immediately while also providing the scope to personalize and improve. The integral garage adds convenience, and the enclosed rear garden is designed for low maintenance yet has great potential for landscaping improvements. Situated close to local amenities and transport links, this home is perfect for those seeking both comfort and the possibility of adding value through thoughtful renovations.

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Investment analysis

(DH8 area)
Area Average
£160/sq ft
Avg Rent (weekly)
£173
Avg Yield
4.8%

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
44
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DH8)

Area prices are falling by -5.3% over the last 12 months
3 year growth: +9.7%
5 year growth: +9.6%
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

Balmoral Grove, 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
£944
Based on a loan of £187,500 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

Next Steps

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