2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Dixon Street, Consett,DH8
£74,000

Price History

Initial price £95,000
02/11/24 £93,000
08/11/24 £91,000
18/11/24 £78,000
22/11/24 £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 2 bedrooms, a lounge, a kitchen, and a bathroom. Currently, it generates an annual gross income of £4,800, which has the potential to increase to £6,720 with long-term tenants already in situ. The current tenants have a good track record of paying their rent on time and have no intention of moving out, making this a stable and lucrative investment. With its proximity to valuable amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.