The Close, Consett, DH8 0DS

Property Overview

The Close, Consett, DH8 0DS

A vacant detached one-bedroom bungalow, offered freehold with vacant possession and no forward chain. Situated on a generous plot within a cul-de-sac, the property has uPVC double glazing, gas central heating and requires some updating.

Accommodation

• Entrance porch
• Hall
• Lounge
• Kitchen diner
• Double bedroom
• Bathroom

Location

The bungalow is within easy reach of local shopping and recreational facilities in Shotley Bridge and nearby Blackhill. Consett town centre is approximately one-and-a-half miles away, with road links to Durham, Tyneside and Northumberland.

Tenure & Key Information

• Tenure: Freehold
• Occupancy: Vacant
• EPC: E
• Council Tax: Band C
• Parking: Large driveway to the front
• Heating: Gas central heating
• Services: Seller advises mains gas, electricity, water and sewerage
• Surface water flooding: Very low risk, as advised

Auction & Buyer Charges

• Guide price: £135,000+
• Auction date: 30 September 2026
• Buyer premium: Not supplied
• Option 2 deposit: £3,000, deducted from the purchase price
• Auction administration fee: Supplied as £2,400 including VAT (£2,000 + VAT); the Option 2 terms also refer to £2,400 plus VAT. This wording should be clarified before bidding.
• If using a recommended panel solicitor, the auctioneer may receive a referral fee of £200 plus VAT (£240) to £400 plus VAT (£480).

Investment Analysis

HB analysis indicates that the guide price is an entry point only and is not evidence of achieved market value. The supplied comparables provide a broad local value context, but their bedroom counts and condition are not supplied and they are not confirmed to match this one-bedroom bungalow.

No refurbishment estimate, rental evidence, gross yield estimate, maximum bid or estimated GDV is supplied. Do not underwrite rental yield or a maximum bid without rental evidence, condition details and confirmed auction costs.

Sold Comparables

The following HM Land Registry sold data was supplied:

HB analysis reports an average of £259,590 and a median of £258,000 for these sales. These are not a formal valuation of the subject property.

Rental Evidence

No advertised rental evidence or auctioneer estimated rent has been supplied. Rent and yield cannot therefore be calculated. Any future rental figure should be treated as an estimate unless supported by achieved or passing rent.

Strategy & Risks

• Obtain a survey or viewing assessment before bidding.
• No refurbishment or condition information is supplied.
• The comparables are not confirmed to match the subject’s one-bedroom bungalow layout or condition.
• The guide price is not evidence of achieved market value.
• No rental comparables or auctioneer rent estimate are supplied.
• Clarify whether the administration fee is £2,400 including VAT or £2,400 plus VAT.