2 bed terraced house

>

2 bed terraced house

Dixon Street, Consett DH8
£74,000

Price History

Initial price £95,000
02/11/24 £93,000
08/11/24 £91,000
27/11/24 £76,000
28/11/24 £74,000
Price Change -22.11%

Description

This 2-bedroom end of terraced house in Consett is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently producing an annual gross income of £4,800. With long-term tenants already situated, the new owner has the potential to increase the rental income to a market rate of £6,720. The tenants have consistently paid their rent for several years and have no intention of moving out, making for a smooth and hassle-free transaction. With its excellent rental returns and potential for growth, this property is a worthwhile addition to any investor's portfolio.