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1 bed terraced house
Bertha Street, Consett DH8
£75,000
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.