20 Green Street, Consett DH8 5LP
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Description
Auction Commencing on Monday 23rd November from 1pm and ending 24 hours later on Tuesday 24th November from 11am with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeast
TWO-BED TERRACED INVESTMENT OPPORTUNITY WITH THREE-BED POTENTIAL IN CONSETT
VIEWINGS AVAILABLE UPON REQUEST
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
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
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Visit our security centre to find out moreDisclaimer - Property reference 202611041200sq_n5bb. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, North East on 0191 917 9650.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.