2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Bertha Street, Consett, County Durham, DH8
£80,000

Price History

Initial price £85,000
12/10/24 £83,000
18/10/24 £80,000
25/10/24 £78,000
01/11/24 £76,000
07/11/24 £74,000
14/11/24 £72,000
21/11/24 £80,000
Price Change -5.88%

Description

This 2-bedroom mid-terraced property in Consett is a great investment opportunity, offering a reliable and long-term rental income. The property is in good condition and features two bedrooms, a lounge, kitchen, and two ensuites, as well as a rear backyard space. Currently, it generates an annual gross income of £6,000, which could be increased to £6,888 with a new owner. The property has a long-term tenant 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 strong potential for returns.