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1 bed terraced house
Bertha Street, Consett DH8
£74,000
Bertha Street, Consett DH8
£74,000
Price History
Initial price | £85,000 |
11/10/24 | £83,000 |
18/10/24 | £80,000 |
25/10/24 | £78,000 |
01/11/24 | £76,000 |
08/11/24 | £74,000 |
28/11/24 | £78,000 |
05/12/24 | £76,000 |
13/12/24 | £74,000 |
19/12/24 | £72,000 |
01/01/25 | £80,000 |
08/01/25 | £78,000 |
15/01/25 | £76,000 |
31/01/25 | £74,000 |
Price Change | -12.94% |
Description
This 2-bedroom mid-terraced property in Consett is a fantastic investment opportunity, offering a reliable and long-term rental income. The property is in good condition and features a spacious layout, with two bedrooms, a lounge, kitchen, and two ensuites. Currently, it generates an annual gross income of £6,000, which could be increased to a market rate of £6,888 with the right tenant. The property has long-term tenants who have consistently paid their rent and have no plans to move out, making it an attractive option for investors looking for a stable and profitable investment. With its central location and desirable amenities, this property is sure to appeal to a wide range of tenants, providing a strong potential for long-term returns.