2-bedroom flat · DH8 0BA
For saleListed 447 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Fantastic opportunity to purchase this ground floor two bedroomed apartment. An ideal buy-to-let investment or for a first time buyer.
This well-proportioned two-bedroom property located in Blackhill, Consett.
The accommodation comprises a spacious lounge, a modern fitted kitchen, two bedrooms and a three-piece bathroom suite, offering comfortable living space for tenants.
A strong investment opportunity for landlords looking to expand their portfolio.
Council Tax Band: A Tenure: Leasehold Length of Lease: 103 Hallway Doors leading to two bedrooms, kitchen, lounge and bathroom.
Living Room (5.0m x 4.5m) Side aspect double glazed window, radiator and area for dining.
Kitchen (2.81m x 3.47m) A range of wall and base units, intergatred oven and sink with mixer tap and drainer Bedroom One (2.81m x 3.47m) Side aspect double-glazed window, raditor Bedroom Two (3.00m x 1.88m) Front aspect double-glazed window, radiator and storage
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 advisors 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
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FAQ
About 2, Ritsons Court, Consett
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