Income-producing three-bed terraced home with garage and low-maintenance garden.
Tenant in situ paying £10,200 pa (£850 pcm)
Sold at public online auction; 10% deposit on fall of gavel
Modern kitchen and bathroom; neutral decor throughout
Detached garage and low-maintenance rear yard with patio
Small plot; front forecourt garden only
Within selective licensing area — licensing checks required
Located in coal mining reporting area — further searches advised
Local crime level reported as very high; consider security/insurance
A straightforward investment opportunity in Consett’s town centre fringe, offered with a tenant in situ paying £10,200 per annum. The mid-terrace house has been updated with a modern kitchen and bathroom, and benefits from gas central heating, double glazing and a detached garage — useful for tenant appeal and rental stability.
The layout provides a good-sized lounge with a bay window, kitchen/diner with doors to an enclosed rear yard, separate utility room and three first-floor bedrooms. Outdoor space is small but low-maintenance, with a forecourt front garden and a rear patio with artificial turf. The property is freehold and will be sold at public online auction on 11 December 2025.
Buyers should note material considerations: the property is sold with a sitting tenant (current rent £850 pcm), it lies within a selective licensing area, and the site falls inside a coal mining reporting area — further searches are recommended. The sale process follows auction terms (10% deposit on the fall of the electronic gavel, minimum £3,000, and buyer fees apply). This is best suited to investors seeking an immediately income-producing asset close to local amenities and transport links.
Viewings and due diligence are recommended before bidding. The vendor advises purchasers to obtain a chartered surveyor report and to check the Land Registry title for any covenants or restrictions. Completion will be per the auction contract timescales.
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