TWO-BED TERRACED INVESTMENT OPPORTUNITY WITH THREE-BED POTENTIAL IN CONSETT
VIEWINGS AVAILABLE UPON REQUEST
Description
Offered with vacant possession, within an established residential area of Consett, this property offers an excellent opportunity for purchasers looking to acquire a property full of potential. Offering well-proportioned accommodation, the property would appeal to a variety of buyers, including investors and those seeking a project with scope for improvement and modernisation.
The property offers spacious and versatile accommodation, comprising two generously sized reception rooms to the ground floor, one of which could be utilised as a third bedroom if required. To the first floor are two well-proportioned bedrooms and a family bathroom. Externally, the property benefits from a well-maintained rear yard, complete with a useful storage shed.
Once refurbished, the property can expect to achieve around £650pcm or even more if converted to a three-bed. This would be an over 14% yield on the advertised guide price making this a fantastic opportunity for investors looking for strong rental returns or those looking for a project to add value to through modernisation.
Conveniently located within easy reach of Consett town centre, the property benefits from access to a wide range of local shops, supermarkets, schools and everyday amenities, together with transport links to surrounding areas.
With potential to enhance and add value through refurbishment and modernisation, the property represents an attractive opportunity for buyers looking to secure an investment within an established location.
Tenure: See Legal Pack
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3600 inc VAT payable on exchange of contracts.
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
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