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See how verdicts work1-bedroom bungalow · DH8 0DS
For saleReduced £35k (−20.6%) on 26 OctListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a generous plot in a sought after cul-de-sac, a detached bungalow available with vacant possession and no forward chain.
The property is ideal for retirement purchasers and has uPVC double glazing, gas central heating and requires some updating.
The accommodation comprises: Entrance porch into hall, lounge, kitchen diner, double bedroom and a bathroom. There is a large driveway to the front mature gardens to both the front and rear.
The bungalow is situated within easy reach of the excellent local shopping and recreational facilities within Shotley Bridge and nearby Blackhill.
It is also within a mile-and-a-half of Consett town centre, and there are convenient road links to the regional centres of Durham, Tyneside and Northumberland.
Agent Note: Being sold subject to Probate which has been granted Material Information- PART A Local Authority – Durham County Council Council Tax Band – C Tenure – Freehold PART B Property Type – Detached Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Electricity supply – Mains Water Supply - Mains Sewerage – Mains Heating - Gas Fired boiler with radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website.
Estimated Broadband Download speeds – please refer to the Ofcom Website. Parking: Driveway Restrictions: There are restrictive covenants in the title, details available on request.
PART C Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm Rights & Easements- None Flood risk – very low risk Coastal Erosion - NA Protected Trees – NA Conservation area – NO Planning Permission – NA Accessibility – The property has not been altered for accessibility Mining Area – Historical mining area Selective License Area – No.
No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £30 (inc VAT) administration fee per individual purchaser, for these checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About The Close, Shotley Bridge, Consett, DH8
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