This is a residential investment opportunity featuring a ground floor flat that is currently tenanted at £500 per month, generating £6,000 per year. The property, located on Park Villas, off Durham Road, is situated in a residential area approximately 2 miles from Consett town centre and 14 miles from Newcastle upon Tyne. The flat features one bedroom, a yard area, and parking, but Pugh & Co has not inspected the property and advises buyers to undertake due diligence and satisfy themselves before bidding. The information provided is for indicative purposes only, and interested parties should rely on their own inspections and due diligence.