3 Queens Road, Consett, County Durham, DH8 0BQ

  • Unconditional Online Auction Sale
  • Guide Price* : £95,000
  • Bedrooms: 3
  • Bathrooms: 1
  • Reception Rooms: 2

ONLINE AUCTION ENDING WEDNESDAY 18 NOVEMBER AT 12PM – PRE-AUCTION OFFERS CONSIDERED.

Description

ONLINE AUCTION ENDING WEDNESDAY 18 NOVEMBER AT 12PM – PRE-AUCTION OFFERS CONSIDERED.

Guide £95,000 for a vacant three-bed stone end terrace in Blackhill, Consett – below every three-bed terrace sale within 200m in the last 18 months, with similar homes advertised to let at around £825 pcm. View the legal pack and bid at auctionworks.co.uk/lot/details/[lot ID]

THE NUMBERS

Guide price: £95,000
Floor area: approx. 118 sq m (1,270 sq ft) – about £75 per sq ft at the guide price
Estimated rent: around £825 pcm (£9,900 per annum)
Gross yield at guide: 10.4%

Recent sales: the last 20 sales within 200m averaged £118,650 (HM Land Registry via PropertyData, May 2025 – September 2026). Every three-bed terrace among them sold for £105,000 or more:

- 30a Thomas Street, Blackhill – three-bed terrace – £105,000 – July 2026
- 18 Queens Road – three-bed terrace – £125,000 – July 2025
- 3 Beverley Gardens, Blackhill – three-bed terrace – £175,000 – December 2025
- 50 Durham Road, Blackhill – three-bed terrace – £275,000 – June 2025

Rental evidence (three-bed terraces advertised to let, PropertyData, October 2026):

- North View, Consett (0.2 miles) – £997 pcm
- Queens Gate, Consett (0.5 miles) – £975 pcm
- The Avenue, Consett (0.9 miles) – £949 pcm
- Rosebery Terrace, Consett (1 mile) – £802 pcm, let agreed

The average across 20 three-bed terraces within 7 miles is £823 pcm. Rents are asking rents, not achieved rents. Buyers should make their own enquiries.

THE PROPERTY

A stone-built end of terrace with two reception rooms, both keeping their ornate fireplaces, ceiling mouldings and cornices, a kitchen with integrated appliances and a separate storage room. Upstairs are three good-sized bedrooms, the largest 4.48m x 3.95m, and a bathroom with a walk-in shower and separate bath. There is a garage and on-street parking.

The house is decorated in neutral tones with new carpets throughout, so it should need little before letting. The EPC is currently E (47), with the certificate showing potential to reach C (79).

TENANCY

Vacant possession on completion.

LOCATION

Queens Road sits in Blackhill, between Consett town centre and Shotley Bridge. Consett’s shops and supermarkets are a short drive away, there is a GP surgery further along Queens Road, and a bus stop close by links the area with Consett, Durham and Newcastle. The A691 and A692 give easy road access to Durham and Tyneside.

AUCTION TERMS

Sold under unconditional auction terms. Contracts exchange when the auction ends and completion must take place within 28 days.

Deposit: 5% of the purchase price (minimum £3,600), non-refundable, contributing towards the purchase price.

Buyer’s premium: 2.4% inc VAT (minimum £3,600 inc VAT), non-refundable and payable in addition to the purchase price.

Legal pack: free to download from the lot page. Please read it, including the special conditions, before bidding, and take legal advice if unsure.

Bids are legally binding once placed and stand until 2 hours after the auction closes. Pre-auction offers are considered.

Council Tax Band

B

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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