Dixon Street, Consett DH8 2 bed end of terrace house for sale

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Dixon Street, Consett DH8 2 bed end of terrace house for sale

Dixon Street, Consett DH8
£70,000

Price History

Initial price £95,000
02/11/24 £93,000
08/11/24 £91,000
27/11/24 £76,000
28/11/24 £74,000
05/12/24 £72,000
13/12/24 £78,000
19/12/24 £76,000
02/01/25 £74,000
09/01/25 £72,000
15/01/25 £78,000
31/01/25 £76,000
27/02/25 £70,000
12/03/25 £68,000
19/03/25 £66,000
26/03/25 £64,000
02/04/25 £70,000
Price Change -26.32%

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 produces an annual gross income of £4,800, which could be increased to a market rate of £6,720 with the right tenant. The property already has a tenant in situ, who has been paying rent consistently for several years and has no intention of moving out. With a purchase price that allows for a worthwhile addition to an investor's portfolio, this property offers a rewarding rental return and a smooth transaction process.