2-bedroom terraced house · DH8 6QN
Listing removedListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the centre of this popular village, an end-terraced cottage available with immediate vacant possession.
The property has the benefit of uPVC double glazing, gas-fired central heating with combination boiler and requires some cosmetic improvements.
The accommodation is ideal for first-time buyers or those looking to down-size which comprises, a lounge with traditional fireplace, a lobby leading to a utility room and a kitchen with French doors to the rear which is suitable as a garden or parking.
On the first floor there are two bedrooms, and a bathroom fitted with a white suite. Medomsley, which include a convenience store, two renowned gastro-pubs and a highly rated primary school.
There are further facilities in nearby Consett, which is approximately two-and-a-half miles away.
There are major road links to the regional centres of Durham and Newcastle - both approximately 15 miles distance - making this an excellent location for commuting.
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 – A Tenure – Freehold PART B Property Type – Terraced Property Construction – Standard construction Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Electricity supply – Mains Water Supply - Mains Sewerage – Mains Heating - Gas-fired with radiators.
Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking-Space in yard to rear.
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.
Situated in the Medomsley Conservation Area.
Selective licencing area – no Article 4 Planning Restricted area - NA Rights & Easements- A statutory declaration exists for pedestrian and vehicle access to the rear.
Flood risk – Very low Coastal Erosion - NA Planning Permission – No planning applications in the locality. Accessibility/Adaptations – No adaptions 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
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 Manor Road, Medomsley, Consett, DH8
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