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1 bed terraced house
Bertha Street, Consett DH8
£75,000
Bertha Street, Consett DH8
£75,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- Investment potential detailed below (Let Property Pack)
Description
This spacious and well-maintained 2-bedroom mid-terraced property in Consett offers a reliable and long-term investment opportunity. The property features 2 bedrooms, lounge, kitchen, and 2 ensuites, as well as a rear backyard space. Currently, it produces an annual gross income of £6,000, which could be increased to £6,888 with a new owner, making it a worthwhile addition to an investor's portfolio. The property has long-term tenants who have consistently paid their rent and have no intention of moving out, providing a smooth transition for the new owner. With its good condition and potential for increased rental income, this property is an attractive option for investors looking for a reliable and profitable investment.