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Dixon Street, Consett DH8 2 bed end of terrace house for sale
Dixon Street, Consett DH8
£70,000
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.