About This Property

Discover what makes this home special

The Neighton is a charming three-bedroom semi-detached home located in the historic market town of Consett, DH8 7DD. Offering excellent value at £176,250, this property presents an ideal opportunity for first-time buyers, families, or investors seeking a residence within a community-oriented area. The home benefits from a spacious layout, complemented by a private garden and off-street parking, set within a peaceful residential neighborhood.

Situated close to local amenities and surrounded by scenic countryside, The Neighton combines suburban tranquility with accessibility to nearby urban centres. While the property currently has three bedrooms and an unspecified number of bathrooms, its flexible layout allows for customization to suit modern living needs. The ongoing regeneration projects in Consett promise to enhance the area's appeal and infrastructure, making this a sound investment for the future.

Property Features

This semi-detached home boasts a private garden perfect for outdoor activities and gardening enthusiasts. The fitted kitchen provides a functional space for cooking and entertaining, while double glazing and gas central heating ensure comfort and energy efficiency year-round. Off-street parking adds convenience and security for residents. The three-bedroom layout offers ample space for families or those needing a home office or guest room. The property's solid construction and well-maintained condition reduce the need for immediate renovations, allowing new owners to move in with ease.

Private GardenOff-street ParkingSemi-DetachedThree BedroomsFitted KitchenDouble Glazing+1

Local Amenities

The Neighton is well-served by a range of local amenities that cater to everyday needs and leisure activities. Educational facilities such as Consett Academy and St. Patrick's RC Primary School provide quality schooling options within a short distance. For shopping and essentials, Tesco Superstore and various local shops are easily accessible. Residents can enjoy recreational activities at Consett Leisure Centre or relax in nearby parks. Public transport options, including regular bus services, connect the area to surrounding towns and cities, supporting convenient commuting and travel.

Consett AcademySt. Patrick's RC Primary SchoolConsett Leisure CentreTesco SuperstoreConsett LibraryLocal Pubs+2
Consett Station (closed), nearest active station: Durham Train Station (12 miles, 25 mins drive) • 40 mins by car to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£176,250
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£176,250
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited direct rail connectivity
Growing local regeneration projects
Lower international profile of Consett

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£176,250
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.4%
Based on £940/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£205,117
+£28,867 projected gain
5-Year Rent Forecast
£1,375/mo
Based on 7.9% annual growth
Price per Sq Ft£160
Annual Rent Income£11,280
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£205,117
5yr
£238,711
10yr
£277,808
15yr
£323,309
20yr
£376,261
25yr
Current: £176,250

Monthly Rental Income

Based on 7.9% annual growth
£1,375
5yr
£2,011
10yr
£2,941
15yr
£4,301
20yr
£6,290
25yr
Current: £940/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Site Plan

Site Plan

Location

Commute Time Planner

Newcastle Central
30 mins from Durham Station
40 mins
Durham City Centre
10 mins from Durham Station
25 mins

Location Scores

58
Walk Score
Somewhat Walkable
52
Transit Score
Good Transit
45
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Commercial and Residential+Positive Impact
Consett Town Centre Regeneration
0.8 milesEst. 2025
Transport InfrastructureModerate Impact
Durham County Council Green Transport Initiative
RegionalEst. 2027
* Information based on local planning applications and may be subject to change

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£176,250
SoldNB0000051680
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The Neighton

Consett, Consett DH8 7DD
Fellside Gardens
3
Bedrooms
0
Bathrooms
1,100
Est. Sq ft
semi detached
Type

Developer

Miller Homes
Available Plot Numbers
124
1 plot(s) available
Ownershipfreehold

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£176,250The Neighton

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The Neighton
The NeightonConsett£176,250

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