Front Street, Leadgate, Consett, DH8 7SB

Property Overview

Source property details: Front Street, Leadgate, Consett, DH8 7SB. A chain-free, three-bedroom mid-terrace house offered freehold with vacant possession. The property has been redecorated as part of recent work, including new carpets and a professional clean.

• Property type: 3 Bedroom House – Mid Terrace
• Tenure: Freehold
• Occupancy: Vacant possession
• EPC: C
• Council Tax: Band A

Accommodation

The accommodation comprises a lounge, dining room, kitchen and ground-floor bathroom. The first floor provides two double bedrooms, with the largest having a WC, together with a generous third bedroom. Outside, there is an enclosed rear yard and detached workshop/storage.

Location

Front Street is within easy reach of local shops and facilities in Leadgate. Local infant and junior schools are within the village. Consett town centre is less than a mile-and-a-half away and provides further facilities including a leisure centre, retail park and Consett Academy secondary school. Durham and Newcastle are both approximately 13 miles away via the A691 and A692 respectively.

Tenure & Key Information

• Freehold; vacant possession
• Seller advises that the property has mains gas, electricity, water and sewerage
• Very low risk of surface water flooding, as advised
• Parking and heating details have not been supplied

Auction & Buyer Charges

• Guide Price: £65,000+
• Auction Date: 30 September 2026
• Auction Administration Fee: £2,000 + VAT, total £2,400, payable by the successful buyer
• If using a referred North East-based solicitor from the auctioneer’s panel, the auctioneer would receive a referral fee of between £200 plus VAT (£240) and £400 plus VAT (£480)

Investment Analysis

HB estimate: approximately £65,000 market value, based primarily on the same-street sale at £65,000 in December 2025 and supported by the £60,000 sale in November 2022. Older same-street sales ranged from £35,000 to £44,000, indicating variability that may reflect condition or other differences. The £65,000+ guide appears broadly aligned with the strongest recent evidence.

No HB refurbishment estimate, rental estimate, gross yield estimate or maximum bid has been provided. The £2,400 auction administration fee should be added to the purchase cost. No condition, floor area or rental evidence has been supplied.

Sold Comparables

HM Land Registry sold data supplied:

Rental Evidence

No advertised rental evidence or passing-rent evidence has been supplied. No auctioneer estimated rent has been provided. Rental income and yield therefore cannot be estimated reliably.

Strategy & Risks

HB estimate: treat £65,000 as a market-value indication rather than a firm valuation. Establish the property’s condition, achievable rent and total acquisition costs before setting a maximum bid. Do not bid above the assessed value without stronger evidence.

• No rental comparables or passing-rent evidence are available.
• No internal condition, floor-area or refurbishment information has been supplied.
• Same-street sold prices vary materially from £35,000 to £65,000.
• The £2,400 administration fee increases the effective acquisition cost and is payable in addition to the purchase price.