1 bed terraced house

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1 bed terraced house

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.