This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£85,000
3 bedroom Mid Terrace House for sale, Newlands, Consett, Durham, DH8
Features and Description
- 3 Bedroom Mid-Terraced House
- Excellent Investment Opportuity
- EPC C
- Council Tax band A
- Front and rear gardens
- Cellar
An excellent opportunity for investors, this property is a well-proportioned terrace property in a popular Blackhill location, offering a strong rental opportunity with relatively little work required to bring it to market.
Previously used as a rental property, the house is presented in neutral décor throughout and offers a practical layout, with both front and rear gardens providing valuable outdoor space. There is also a useful cellar, accessed from the rear of the property, providing additional storage.
The ground floor comprises a large living room to the front, with a modern kitchen positioned to the rear overlooking the garden.
Upstairs, there is a family bathroom at the top of the stairs, followed by a good-sized double bedroom with fitted storage. The second bedroom has been cleverly divided to create two separate rooms. The larger of the two remains a good-sized double bedroom, while the additional room is more compact and would lend itself well to a child's bedroom, home office, dressing room or useful additional storage space.
For investors, the property represents an attractive addition to a rental portfolio, with rental potential of approximately £750 per calendar month and relatively limited works required. At an asking price of £85,000, this offers the potential for a strong rental yield.
A versatile property with excellent investment potential, this is one that is well worth a closer look.
Kitchen
16'7" x 8'5" (5.06m x 2.56m)
Living Room
13'6" x 13'2" (4.12m x 4.02m)
Bathroom
5'0" x 6'5" (1.53m x 1.95m)
Bedroom 1
10'7" x 10'0" (3.23m x 3.05m)
Bedroom 2
9'11" x 9'6" (3.03m x 2.89m)
Bedroom 3 / Study
6'5" x 6'7" (1.95m x 2.01m)
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Newlands, Consett, Durham, DH8
Additional Information
-
Property refCOS260303
-
EPCC
-
Council TaxA
-
Local authorityDurham City Council
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Reeds Rains Estate Agents Consett
Reeds Rains Consett
2-4 Wesley Street, Consett, DH8 5BJ
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Borrowing £76,500 and repaying over 25 years with a 2.5% interest rate.
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88CO2 Rating
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