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See how verdicts work3-bedroom terraced house · DH8 6QS
Sold STCListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom stone fronted terraced house which has been much improved by the current owners, situated in the popular village of Medomsley.
The house is ideal for first time buyers and has had a modern kitchen and bathroom installed in recent years along with some re-configuration, decorating and flooring.
The property has uPVC double glazing, gas-fired central heating with combination boiler and the accommodation includes, an entrance lobby, lounge, a modern fitted kitchen/ dining room, rear lobby/ utility, cloakroom w.c., and a small room which could be used as an office.
On the first floor there are three bedrooms and a bathroom. There is a forecourt area to the front and a patio style garden to the rear with a shed.
Fines Road runs through Medomsley village, with a local shop, two popular gastropubs, and a primary school.
There are road links to Consett town centre, which has a good range of shopping and recreational facilities, approximately 2.5 miles away, and further to Newcastle and Durham (both approximately 14 miles away), making Medomsley an excellent location for commuters.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – A Tenure – Freehold PART B Property Type – Terrace.
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 - Mains gas Boiler with Radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking: Parking space 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 Restrictions - None Rights & Easements- None Flood risk – Very Low Coastal Erosion - NA Protected Trees – NA Conservation area – NO Planning Permission – No Accessibility – The property has not been altered for accessibility.
Mining Area – Located in 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.
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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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 Fines Road, Medomsley, Consett, DH8
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