1 bed terraced house

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1 bed terraced house

Bertha Street, Consett DH8
£75,000

Price History

Initial price £85,000
11/10/24 £83,000
18/10/24 £80,000
25/10/24 £78,000
01/11/24 £76,000
08/11/24 £74,000
28/11/24 £78,000
05/12/24 £76,000
13/12/24 £74,000
19/12/24 £72,000
01/01/25 £80,000
08/01/25 £78,000
15/01/25 £76,000
31/01/25 £74,000
27/02/25 £72,000
12/03/25 £70,000
19/03/25 £68,000
26/03/25 £75,000
02/04/25 £73,000
09/04/25 £71,000
19/04/25 £69,000
06/06/25 £75,000
Price Change -11.76%

Description

This spacious and well-maintained 2-bedroom mid-terraced property in Consett offers a reliable and long-term investment opportunity. The property features 2 bedrooms, lounge, kitchen, and 2 ensuites, as well as a rear backyard space. Currently, it produces an annual gross income of £6,000, which could be increased to £6,888 with a new owner, making it a worthwhile addition to an investor's portfolio. The property has long-term tenants who have consistently paid their rent and have no intention of moving out, providing a smooth transition for the new owner. With its good condition and potential for increased rental income, this property is an attractive option for investors looking for a reliable and profitable investment.