3-bedroom semi-detached house · DH8 5YF
Sold STCListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern and well-presented three-bedroom semi-detached home, offering spacious and comfortable living ideal for families or professionals and offered to the market with no onward chain.
Located in a popular area on the edge of the town centre, it benefits from easy access to local amenities, transport links, and schools, while enjoying a pleasant residential setting.
The internal accommodation comprises an entrance hallway with a convenient WC and useful storage.
There is a stylish kitchen/diner fitted with integrated appliances, and a spacious lounge featuring additional storage and French doors opening onto the garden.
The master bedroom benefits from integrated wardrobes and a modern en-suite, complemented by two further bedrooms and a family bathroom.
Externally, to the rear is a beautifully landscaped garden with a patio and lawn area, while to the front the property offers off-road parking for two vehicles.
Richardson Way is a residential street situated in the popular Berry Edge development in Consett, conveniently positioned within walking distance of the town centre and a range of everyday amenities, including shops, supermarkets and local services.
Commuters will appreciate good road connections to Durham and Newcastle, both easily accessible for work or leisure, and the surrounding countryside offers attractive outdoor pursuits with popular walking and cycling routes close at hand, including the Derwent Walk and Coast-to-Coast cycle path.
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. QCO260124/2
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
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FAQ
About Richardson Way, Consett, Durham, DH8
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