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2 bed semi-detached house
Chaytor Road, Consett DH8
£84,000
Chaytor Road, Consett DH8
£84,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and currently has a tenant in residence
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom semi-detached house in Consett is a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and currently has a tenant in residence, producing an annual gross income of £5,520. With some minor adjustments, the owner could increase the rent to a market rate of £8,160, making it a worthwhile addition to any property portfolio. The property features a spacious lounge, kitchen, and three-piece bathroom, as well as private front and rear gardens and driveway parking. The current tenants have been reliable and wish to continue their tenancy, ensuring a smooth transaction process.