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About This Property

Discover what makes this home special

The Neighton is a charming three-bedroom bungalow located in the semi-rural outskirts of Consett, County Durham. Offering a comfortable and practical living space, this property is ideal for families or retirees seeking a peaceful home with good access to local amenities and transport links. The layout includes a spacious principal bedroom, two additional bedrooms upstairs, and two bathrooms including an en-suite, providing convenience and privacy.

Set within a quiet residential area, The Neighton benefits from proximity to green spaces and local schools, while being just a short drive from Consett town centre. Its location offers a balance between tranquil countryside living and accessibility to urban facilities, making it a desirable property for a wide range of buyers. The ongoing regeneration projects in Consett promise future growth potential, enhancing the appeal of this bungalow as a sound investment.

Property Features

This bungalow features a well-designed open-plan living, kitchen, and dining area that maximizes space and natural light. The principal bedroom is generously sized and complemented by two further bedrooms upstairs, one with an en-suite bathroom. The property includes two bathrooms in total, ensuring convenience for family living. Its single-storey layout with additional upstairs rooms offers flexibility for different household needs. The quiet location adds to the property's appeal for those seeking a peaceful environment.

3 Bedrooms2 BathroomsEn-suiteOpen-plan Living/Kitchen/DiningQuiet Residential AreaClose to Green Spaces

Local Amenities

The Neighton is well-served by local amenities including Consett town centre, which hosts a variety of shops, supermarkets, and dining options. Educational facilities such as Consett Academy and St. Patrick's RC Primary School are within easy reach, making the area suitable for families. Recreational amenities include Consett Leisure Centre and nearby Greenhead Park, providing outdoor and fitness opportunities. The combination of essential services and leisure facilities contributes to a balanced lifestyle for residents.

Consett Town CentreConsett AcademySt. Patrick's RC Primary SchoolConsett Leisure CentreLocal ShopsGreenhead Park+2
Consett Train Station (1.7 miles, 6 mins drive) • 40 mins by car to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£180,000
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-
Purchase Costs
Total Price£180,000
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
55/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited direct rail connectivity
Potential for growth due to local regeneration
Lower international profile area

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£180,000
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 £960/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£209,481
+£29,481 projected gain
5-Year Rent Forecast
£1,404/mo
Based on 7.9% annual growth
Price per Sq Ft£164
Annual Rent Income£11,520
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£209,481
5yr
£243,790
10yr
£283,719
15yr
£330,188
20yr
£384,267
25yr
Current: £180,000

Monthly Rental Income

Based on 7.9% annual growth
£1,404
5yr
£2,053
10yr
£3,003
15yr
£4,392
20yr
£6,424
25yr
Current: £960/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

Floorplans

Ground Floor

Property Floorplan

Location

Commute Time Planner

Newcastle Central Station
N/A (no direct rail from Consett, bus connection approx 50 mins)
40 mins
Durham City
N/A (bus approx 30 mins)
25 mins

Location Scores

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

Future Developments Nearby

Mixed Use (residential and commercial)+Positive Impact
Consett Regeneration Project
1 mileEst. 2025
TransportModerate Impact
Durham County Infrastructure Improvements
10 milesEst. 2027
* Information based on local planning applications and may be subject to change

Loading location insights...

£180,000
AvailableNB0000024318
View Location Analytics

The Neighton

Consett, Consett DH8 7DD
Fellside Gardens
3
Bedrooms
2
Bathrooms
1,100
Est. Sq ft
bungalow
Type

Developer

Miller Homes
Available Plot Numbers
38
1 plot(s) available
Ownershipfreehold

Request Information

£180,000The Neighton

Enquire About This Property

The Neighton
The NeightonConsett£180,000

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