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2 bed terraced house
Dixon Street, Consett DH8
£74,000
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.