This charming 1-bedroom terrace house located on Durham Road in Consett offers an excellent opportunity for investors seeking a reliable rental property with a tenant already in situ. The property is well-presented and offers a steady income stream from day one. Internally, the home comprises a spacious living room, a well-sized kitchen, a cozy double bedroom, and a family bathroom. The property also benefits from gas central heating and double glazing, ensuring comfort and efficiency for the current tenant. The house is ideally situated in a popular residential area of Consett, with easy access to local amenities, schools, and public transport links. It is within walking distance to shops, cafes, and parks, making it an attractive option for prospective tenants. With the tenant already in place, this property is an ideal choice for investors looking to expand their portfolio without the hassle of securing new tenants. Don’t miss out on this fantastic opportunity to secure a well-maintained property in a desirable location with a proven rental income. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
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