Guide price

£70,000

3 bed semi-detached house for sale
Surrey Crescent, Consett, Durham DH8

    • 3 beds

    • 1 bath

    • 2 receptions

  • Auction

Added on

Reeds Rains - Consett

Logo of Reeds Rains - Consett

About this property

  • EPC grade E

  • Council tax band A

  • Investment Opportunity

  • 3 Bedroom

  • Semi-Detached

*** for sale via modern method of auction ***

Offered for sale via the Modern Method of Auction, this three bedroom semi-detached property on Surrey Crescent presents an excellent opportunity for investors looking to add to their rental portfolio.

The property is currently tenanted and producing £650 pcm, providing an immediate rental income from completion. With some further modernisation and improvement, we believe the property could potentially achieve a rental figure in the region of £750 pcm, making this an appealing investment opportunity with scope to increase the monthly return.

The accommodation briefly comprises an entrance hallway leading into a well-proportioned living room, with access through to the open-plan kitchen/diner, providing a practical and sociable space for everyday living.

To the first floor are two generously sized double bedrooms, together with a further large single bedroom, family bathroom and a separate WC.

Externally, the property benefits from a large garden to the side, offering a particularly good outdoor space, while there is also ample on-street parking available nearby.

With tenants already in situ, a good-sized garden, spacious accommodation and clear potential to improve the rental return, this property is well worth considering for investors seeking a property with both an existing income and scope for future enhancement.

Important Note to Potential Purchasers & Tenants:
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 traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

COS260235/8

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Property descriptions and related information displayed on this page are marketing materials provided by - Reeds Rains - Consett. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Reeds Rains - Consett for full details and further information.