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Park Road, Consett, County Durham, DH8 - Image 1
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Park Road, Consett, County Durham, DH8

North East

£50,000Guide Price

Listed on 17/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
841 sqft

Description

This property presents a compelling refurbishment opportunity in Consett, ideal for investors looking to add value. The stone-built terraced house features essential amenities such as uPVC double glazing and gas central heating via a combi boiler. Inside, the layout includes an entrance porch, living room, kitchen diner, utility area, two bedrooms, and a bathroom. The rear yard is accessible through a roller door, providing additional outdoor space. Situated conveniently near the town centre, the property benefits from access to local shops and amenities as well as recreational areas like Consett Park and the Derwent Country Walk. With thoughtful renovations, this home could be transformed into a desirable residence or investment property.

Investment analysis

(DH8 area)

Below Market Value

This property is priced -62.9% below area average per sq ft

-62.9%
Potential saving
This Property
£59/sq ft
Area Average
£160/sq ft
Avg Rent (weekly)
£173
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£148,109
10% above area average per sq ft
Potential ROI
+74.2%
After renovation
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

Park Road, Consett, County Durham, DH8
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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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