1-bedroom flat · DH8 0JF
Listing removedListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the sought-after village of Shotley Bridge, this pleasant one bedroom ground floor apartment is situated within the Oley Meadows cul-de-sac development and is brought to the market with the benefit of no onward chain.
Internally, the property comprises of an entrance hallway with storage, a kitchen with ample wall and base units, bathroom, spacious lounge with patio doors and room to add a dining table and the accommodation is completed with a double sized bedroom.
Externally there is a patio outside of the lounge which makes a lovely seating area and parking is available on street.
Information given by the vendor regarding the leasehold - Service charge is just under £38pcm - this covers building insurance, maintenance and landscaping.
Oley Meadows is a pleasant cul-de-sac located in the village of Shotley Bridge.
Within walking distance from the property there are many amenities to enjoy in the village which include a pub, restaurant, shops and cafe.
Consett Town Centre is just over two miles from the property for access to many more amenities and facilities and excellent transport links are accessible from the village via the A691 for commuters and the regional cities of Newcastle and Durham are both around 14 miles away.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QCO260163/2
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 Oley Meadows, Shotley Bridge, Consett, Durham, DH8
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