1-bedroom flat · DH8 6GD
Listing removedListed 518 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** one bedroom **** ground floor flat **** vacant possession **** close to amenities **** This one bedroom ground floor flat is located within a 2 minute walk of Consett town centre.
A modern development of modern housing and apartments. This property has no upper chain and vacant possession. Briefly comprising of Entrance hallway, open plan lounge/kitchen, bedroom and bathroom.
Externally there is allocated parking and ample visitor parking. Consett town centre amenities include large super markets, small traders, cinema, theatre, restaurants and bars.
Excellent road links to all major towns and cities of the North East.
There are cycleways to Gateshead and Sunderland and great walks such as the Derwent Walk, Viaduct, Gibside Chapel & Grounds nearby to name but a few.
EPC rating C Council tax band A Entrance Hall Central heating radiator, storage cupboard.
Lounge (3.8 x 4.7 (12'5" x 15'5")) Double glazed window, central heating radiator, open plan to :- Kitchen (2.9 x 2 (9'6" x 6'6")) Range of wall and base units with laminated worktop surfaces, electric oven and gas hob with extractor, sink unit with mixer tap, wall tiles.
Bedroom (3.6 x 2.7 (11'9" x 8'10")) Double glazed window, central heating radiator.
Bathroom (1.5 x 1.6 (4'11" x 5'2")) Suite comprising :- Low level w.c, pedestal wash hand basin, central heating radiator, panelled bath with shower over and screen, double glazed window.
Externally Allocated parking space.
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
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FAQ
About 1, Southernwood, Consett
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