3-bedroom house · DH8 5EB
Listing removedReduced £50 (−6.7%) on 8 SepListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within easy reach of Consett town centre, this well-presented three-bedroom terraced home is available to let, offering spacious and practical accommodation across two floors.
The ground floor comprises a welcoming lounge that flows through to a dining area, creating a versatile living space centred around a feature fireplace.
To the rear, the fitted kitchen is complemented by a useful adjoining utility area, providing additional space for appliances and storage.
Upstairs, the property offers two generously sized double bedrooms, a further single bedroom ideal as a child's room, home office or nursery, and a family bathroom fitted with a modern white suite.
Externally, the property benefits from an enclosed rear yard arranged over two tiers, offering a low-maintenance outdoor space.
Park Road enjoys a convenient location close to the heart of Consett, where a wide range of shops, supermarkets, cafés and everyday amenities are all within walking distance.
Nearby leisure facilities include Consett Leisure Centre, Consett Park and the popular C2C cycle route, providing excellent opportunities for recreation and outdoor activities.
The town is well connected by regular bus services to Newcastle, Durham and surrounding areas, while the A691 and A692 provide straightforward road links across the region, making commuting convenient.
A choice of well-regarded primary and secondary schools can also be found nearby, making this an excellent option for families, couples or professionals seeking a well-located rental home with easy access to local amenities and transport links.
*** avaliable now - modern throughout *** Mid Terrace, Lounge, Dining room, Kitchen, three bedrooms, Family Bathroom yard to the Rear, Close to Consett Town Centre! 3 Bedrooms
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 49, Park Road, Consett
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