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See how verdicts work1-bedroom flat · DH8 0JF
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oley Meadows, Shotley Bridge – A Project and Opportunity in a Desirable Cul-de-Sac Setting An excellent opportunity to purchase a one-bedroom ground floor apartment in the sought-after Oley Meadows development, situated within a desirable cul-de-sac in the popular village of Shotley Bridge.
Ideally positioned close to beautiful woodland walks and the stunning surrounding countryside of the Derwent Valley, this property offers exciting potential for a buyer looking to create a home to their own taste in a peaceful and attractive setting.
Offering well-proportioned accommodation throughout, the apartment presents an appealing project for first-time buyers, downsizers or investors seeking an opportunity to add value.
The property enjoys a convenient location, combining a pleasant residential setting with easy access to local amenities and transport links.
Oley Meadows is an attractive residential development featuring stone-built elevations and established communal surroundings.
The apartment benefits from communal landscaped areas contribute to its pleasant setting.
One of the property's key attractions is its position within Shotley Bridge, a highly regarded village surrounded by the beautiful countryside of the Derwent Valley.
The nearby woodland walks and scenic surroundings offer an appealing lifestyle for those who enjoy walking, nature and the outdoors, all within easy reach of home.
The village provides access to a range of local amenities, with the wider facilities of Consett and convenient links to the surrounding North East also readily accessible.
An Opportunity Not to Be Missed Offering a combination of a desirable cul-de-sac location, proximity to beautiful woodland walks and the opportunity to modernise and add value, this one-bedroom ground floor apartment represents an appealing prospect for buyers looking for a project in a sought-after village setting.
Early viewing is recommended to appreciate the location and potential on offer.
MATERIAL INFORMATION The information below is provided in accordance with the consumer protection requirements of the Digital Markets, Competition and Consumers Act 2024 and is intended to highlight matters which may be material to a prospective purchaser when deciding whether to view, offer on or proceed with this property.
Local Authority – Durham County Council Council Tax Band – A Tenure – Leasehold Lease Start Date 09/02/2012 Lease End Date 01/01/2993 Lease Term 995 years from 1 January 1998 Lease Term Remaining 966 years Charges - £298.20 six monthly - Service charge pays for gardening and external maintenance of the property.
Property Type – Flat 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 Gas Supply- None Electricity supply – Mains Water Supply – Mains (not metered) Sewerage – Mains Heating – Electric via panel heaters Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- On Street 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) Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – no Article 4 Planning Restricted area – the property is subject to Article 4 Direction Conservation Area – The property is in a Conservation Area.
Rights & Easements- None Flood risk – Rivers and seas: Very Low Surface water: Very Low Coastal Erosion – N/A Protected Trees - NA Planning Permission – There are no current planning applications in the locality that we are aware of.
Or planning details that are known Accessibility/Adaptations – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area, further searches may be required.
The information has been obtained from the seller and, where appropriate, from publicly available or other relevant sources, and has been compiled in good faith.
Information supplied by third parties or external sources may be subject to change. J W Wood is not qualified to provide legal, surveying, structural or other specialist advice.
Where any information requires legal or technical interpretation, or where any matter is of particular importance to your decision to purchase, you should seek appropriate verification from your conveyancer, surveyor or other suitably qualified professional before committing to significant expenditure.
Buyer Identity & AML Checks Estate agents are subject to legal obligations under anti-money laundering legislation and, where applicable, are supervised by HM Revenue & Customs (HMRC) for compliance with those requirements.
A £35 including VAT fee per purchaser applies 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 Oley Meadows, Consett, County Durham, DH8
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