3-bedroom semi-detached house · DH8 7DJ
Listing removedListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and impressively extended three-bedroomed semi-detached house with a large dining room, kitchen and sun room, a large rear garden and a separate garage, situated at the edge of this popular estate in Delves Lane.
The house has been considerably improved by the current owners to provide a generously-proportioned living space, which should have particular appeal to families, and has uPVC double glazing and gas central heating, via combi.
boiler.
The accommodation comprises: entrance porch, hall leading into a large dining room, front living room, rear sun room with French doors to rear garden, small study, spacious fitted breakfasting kitchen, lobby, W.C., first floor landing to two double bedrooms, a single bedroom and a modern bathroom.
There is a good-sized block-paved driveway, with space for parking up to three cars, and a garage, with a path leading to an attractive and well-stocked rear garden, with a large lawn.
Greenways is a 1960s-built estate that has proved popular with a variety of buyers.
There are some local facilities nearby in Delves Lane, including a convenience store within a quarter-of-a-mile, and it is approximately two miles from Consett town centre where there are further amenities including the retail park, leisure centre and Consett Academy secondary school.
It is also close to the A691 which provides access to Lanchester and further to Durham (13 miles), and the A692 to Newcastle (14 miles) and Gateshead.
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 – C Tenure – Freehold PART B Property Type – Semi Detached 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 Gas Supply- Mains Electricity supply – Mains Water Supply – Mains (not metered) Sewerage – Mains Heating – Gas fired central heating via radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- Garage & Driveway 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 – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – No Article 4 Planning Restricted area – the property is subject to Article 4 Direction Conservation Area – No Rights & Easements- None Flood risk – Rivers and seas: Very Low Surface water: Very Low Coastal Erosion – N/A Protected Trees – N/A Planning Permission – There are no current planning applications in the locality that we are aware of.
Or planning details that are known Accessibility/Adaptations – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area, further searches may be required.
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.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £30 (inc VAT) administration fee per individual purchaser, for these checks.
Value & comps
No previous sales on record.
Returns
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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 Greenways, Delves Lane, Consett, DH8
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