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57 Edith Street, Consett DH8 5DN

North East

£30,000Guide Price

Listed on 17/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

This stone-built period end terrace property in central Consett presents a promising opportunity for investors. With spacious accommodation spread over two floors, it features a garden and a garage at the rear. Currently generating a rental income of £425 per month, this property offers immediate cash flow while also allowing for considerable improvements that could enhance rental returns and overall value. The layout includes an entrance hall, a generous living room, fitted kitchen on the ground floor, and two well-sized double bedrooms along with a family bathroom upstairs. The enclosed rear garden and garage add to its appeal. Located within walking distance of the town centre, residents benefit from convenient access to local amenities, schools, and transport links to Durham and Newcastle. This property is an ideal candidate for modernization and cosmetic upgrades, making it a solid investment choice.

Investment analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

57 Edith Street, Consett DH8 5DN
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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
£113
Based on a loan of £22,500 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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