2 bedroom terraced house for sale

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2 bedroom terraced house for sale

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.