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See how verdicts work2-bedroom flat · DH8 6AA
Listing removedListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment opportunity to purchase this two bedroom upper floor apartment located in Consett. This property has a tenant in place currently paying £480 per month.
This would be ideal for a investor looking to add to there portfolio or looking to get started.
Located within walking distance of Consett town centre with its shops, bars, restaurants and bus station.
The floor plan comprises Entrance porch, entrance hall, first floor landing, two bedrooms, lounge, kitchen and bathroom.
Further benefits include gas central heating, double glazing and enclosed rear yard.
Council Tax Band: A Tenure: Leasehold Length of Lease: 999 External Front Double glazed front aspect entrance door and window, courtesy light, door into hallway.
Entrance Hall single radiator, stairs to the first floor. First Floor Landing Bedroom One 3.7m x 4.2m Double glazed front aspect window, double radiator.
Bedroom Two 2.3m x 2.9m Double glazed front aspect window, single radiator.
Lounge 3.2m x 4.4m Double glazed rear aspect window, fire place with inset and hearth, double radiator, two built in cupboards.
Kitchen 2.3m x 3.7m Fitted wall and base units incorporating counter work tops with a single drainer sink unit, space for a washing machine, combination boiler, double radiator, door with stairs to rear yard.
double glazed rear aspect window. Bathroom White three piece suite comprising panelled bath with shower over, pedestal wash hand basin, low level w.c.
partly tiled walls, double radiator, double glazed rear aspect window. Rear Yard Mainly paved with walled boundaries and gate access.
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 Hartington Street, Consett, Durham, DH8 6AA
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