Summary - 25 Park Road DH8 5EB
2 bed 1 bath Terraced
Chain-free freehold with immediate rental income and recent renovation.
Tenanted investment producing £700 pcm
A straightforward buy-to-let with immediate income, this refurbished two-bedroom stone mid-terrace in Consett is offered freehold and chain-free. The current tenant pays £700 per month and has indicated a wish to remain, delivering predictable cashflow from day one. The property has been fully refreshed with a new kitchen, bathroom and flooring, and benefits from gas central heating and double glazing.
At about 747 sq ft, accommodation is arranged over two floors with lounge, dining room, two double bedrooms and a bathroom. Period stone elevations and interior features retain character while recent works reduce short-term maintenance. The very cheap council tax band A also helps running costs.
Investor buyers should note the wider context: the area is classified as deprived with higher-than-average crime, and the plot and rear yard are small. The building was constructed before 1900 and external walls are stone with assumed lack of insulation, which may affect longer-term energy improvements. Tenanted status, the local market and these factors should guide holding or refurbishment plans.
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