Summary - 23 GLADSTONE STREET CONSETT DH8 6AQ
1 bed 1 bath Apartment
Let-ready Victorian flat with immediate rental income and long lease.
Let at £550 PCM, tenant wishes to stay
A straightforward investment in Consett: this one-bedroom lower flat is currently let for £550 pcm to a tenant who wishes to remain, providing immediate rental income. The property sits in a Victorian mid-terrace with a sandstone façade and benefits from gas central heating, modern double glazing and a three-piece bathroom suite.
Internally the flat offers a medium-sized living room, a separate kitchen with direct access to a rear yard, and a comfortable bedroom. The layout and 614 sq ft overall size suit buy-to-let or a first step on the property ladder for single occupants. Broadband speeds are fast and local schools and amenities are within easy reach.
Practical considerations: the building dates from c.1900–1929 and external walls are likely uninsulated, which could affect heating costs. Crime levels in the area are above average. Tenure is leasehold with 999 years remaining and council tax band A (very cheap). There is no significant flooding risk.
This is a low-management, let-ready purchase for an investor seeking immediate yield, or for a buyer prepared to refurbish and improve thermal efficiency to add value. The property’s simplicity and long lease provide clear scope for steady returns or future resale after modest investment.
2 bedroom flat for sale in Hartington Street, Consett, Durham, DH8 6AA, DH8 — £65,000 • 2 bed • 1 bath • 679 ft²
2 bedroom terraced house for sale in Cleadon Street, Consett, Durham, DH8 5LU, DH8 — £85,000 • 2 bed • 1 bath • 639 ft²
1 bedroom terraced house for sale in Robson Street, Consett, Durham, DH8 — £65,000 • 1 bed • 1 bath • 625 ft²
3 bedroom town house for sale in The Chequers, Templetown, Consett, Durham, DH8 7EQ, DH8 — £120,000 • 3 bed • 3 bath • 543 ft²
3 bedroom property for sale in Gladstone Street, Consett, Durham, DH8 6AQ, DH8 — £120,000 • 3 bed • 2 bath • 1214 ft²
1 bedroom flat for sale in Thorntons Close, Pelton, Chester Le Street, DH2 — £55,000 • 1 bed • 1 bath • 442 ft²
