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2 bedroom terraced house for sale
Bertha Street, Consett, County Durham, DH8
£74,000
Bertha Street, Consett, County Durham, DH8
£74,000
Price History
Initial price | £85,000 |
12/10/24 | £83,000 |
18/10/24 | £80,000 |
25/10/24 | £78,000 |
01/11/24 | £76,000 |
07/11/24 | £74,000 |
14/11/24 | £72,000 |
21/11/24 | £80,000 |
28/11/24 | £78,000 |
05/12/24 | £76,000 |
13/12/24 | £74,000 |
19/12/24 | £72,000 |
02/01/25 | £80,000 |
09/01/25 | £78,000 |
17/01/25 | £76,000 |
30/01/25 | £74,000 |
Price Change | -12.94% |
Description
This spacious and well-maintained 2-bedroom mid-terraced property in Consett offers a reliable and long-term investment opportunity for investors. The property features 2 bedrooms, a lounge, kitchen, and 2 ensuites, as well as a rear backyard space. Currently producing an annual gross income of £6,000, there is potential to increase this to £6,888 with long-term tenants already in place. The property is in good condition and is a worthwhile addition to any investor's portfolio, with a current purchase price that offers a strong return on investment. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, making for a smooth and hassle-free transaction.