Grange Street, Consett DH8 3 bed end of terrace house for sale

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Grange Street, Consett DH8 3 bed end of terrace house for sale

Grange Street, Consett DH8
£98,000

Price History

Initial price £120,000
06/12/24 £118,000
14/12/24 £110,000
21/12/24 £108,000
24/12/24 £106,000
03/01/25 £104,000
11/01/25 £102,000
17/01/25 £100,000
01/02/25 £98,000
Price Change -18.33%

Description

This 3-bedroom end of terrace house in Consett is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and rear garden space, with a current annual gross income of £7,200 from long-term tenants who have consistently paid their rent. With a market rate potential of £11,184, the new owner could increase the income by finding a more lucrative tenant. The property is currently tenanted, with the current tenants having lived there for several years and showing no intention of moving out, making for a smooth and hassle-free transaction. With a worthwhile addition to an investor's portfolio, this property is sure to generate rewarding rental returns.