2-bedroom flat · DH8 8NT
Listing removedListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary For Sale: A splendid ground floor flat situated in the heart of Consett. This property presents an excellent opportunity for both first time buyers and investors.
Offered onto the market with no onward chain, this is an opportunity not to be missed.
A two-bedroom ground floor flat in need of refurbishment, offering generous room sizes and a well-laid-out internal layout.
The property presents an excellent opportunity for investors or buyers looking to add value through renovation.
Conveniently located within Consett, the property benefits from good access to local amenities and transport links, making it ideal for resale or rental once modernised Contact Pattison Estate Agents today to arrange a viewing and explore the potential of this fantastic property.
Council Tax Band: A Tenure: Freehold Living Room A spacious reception room with a large front-facing window allowing for plenty of natural light.
The room offers a good layout and size, ideal for a comfortable living space, and presents an excellent opportunity for refurbishment.
Kitchen A fitted kitchen with a range of wall and base units and access to the rear of the property.
In need of updating, the space offers great potential to redesign into a modern and functional kitchen.
Bedroom 1 A well-proportioned double bedroom positioned to the front of the property, featuring a large window providing natural light.
The room includes built-in storage and offers strong potential for improvement. Bedroom 2 A second bedroom overlooking the rear aspect, benefiting from natural light and built-in storage.
A versatile space that would suit use as a bedroom, office, or guest room, with scope for modernisation. Bathroom A spacious bathroom fitted with a bath with shower over, wash hand basin, and WC.
The room benefits from a frosted window for natural light and ventilation and offers good potential for updating.
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
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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 7, Church Road, Consett
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