Main image of 3 bedroom Semi Detached House for sale, Derby Crescent, Consett, Durham, DH8
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£65,000 Guide price

3 bedroom Semi Detached House for sale,
Derby Crescent, Consett, Durham, DH8

Rachel Harland Branch Manager
Rachel Harland
Branch Manager
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Features and Description

  • Tenanted Investment Opportunity
  • Yield in Excess of 10%
  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction
  • Online Bidding Available

***FOR SALE VIA MODERN AUCTION***

Situated on Derby Crescent, this spacious three-bedroom semi-detached terrace is a fantastic opportunity for investors looking for a strong return. With tenants currently in situ paying £550 per calendar month, the property offers a yield in excess of 10%, making it a great option for landlords seeking immediate income.

Inside, the home offers a well-proportioned layout, including a bright and generous living room, a separate dining room, and a fitted kitchen with plenty of storage. Upstairs, there are three comfortable bedrooms and a family bathroom, creating a practical living space that continues to attract long-term tenants.

Outside, the property benefits from gardens to both the front and rear – perfect for enjoying some outdoor space or potentially enhancing further over time.

The location is equally appealing, set within a well-established residential area close to a range of local amenities including shops, schools, and other facilities. Excellent transport links are also nearby, offering convenient access to surrounding areas – another key factor for renters and investors alike.

Derby Crescent, Consett, Durham, DH8

Additional Information

  • Property ref
    COS250184
  • Tenure
    Freehold
  • Council Tax
    A
  • Local authority
    Durham City Council
Rachel Harland Branch Manager
Rachel Harland
Branch Manager

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Reeds Rains Estate Agents Consett

Consett Branch Manager
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 £58,500 and repaying over 25 years with a 2.5% interest rate.

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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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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A