Summary - 11 DERE ROAD CONSETT DH8 7HY
3 bed 1 bath Semi-Detached
Ready-made 9% yield, tenant in situ and low running costs..
Three bedrooms, one family bathroom
A three-bedroom semi-detached property offered with a tenant in situ, generating £525pcm (approximately 9% gross yield at the asking price). The house is mid-20th century brick construction with a driveway, front and rear gardens and a practical open-plan kitchen/diner and living room layout.
This is a straightforward buy-to-let opportunity for investors seeking immediate rental income. Broadband speeds are fast and mobile signal is excellent, supporting tenant requirements. Council tax is very cheap and there is no flooding risk for added peace of mind.
Buyers should note the property sits in an area classified as deprived with average crime rates and a small plot size. The house has a single family bathroom and is sold pre-tenanted, so purchaser access and immediate refurbishment options will be limited until tenancy changes.
Overall this property suits investors looking for a hands-off income stream and portfolio growth. There is scope to improve rental value over time through targeted internal upgrades, but any purchaser should budget for standard maintenance and potential mid-century system updates.
3 bedroom semi-detached house for sale in Fenwick Way, Consett, Durham, DH8 — £180,000 • 3 bed • 1 bath • 1163 ft²
3 bedroom semi-detached house for sale in Briardale, Delves Lane, Consett, DH8 — £89,950 • 3 bed • 1 bath • 786 ft²
3 bedroom terraced house for sale in Plantation Street, Consett, DH8 — £88,000 • 3 bed • 1 bath • 980 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 town house for sale in The Chequers, Consett, Durham, DH8 7EQ, DH8 — £115,000 • 3 bed • 2 bath • 657 ft²
3 bedroom semi-detached house for sale in Balmoral Avenue, Stanley, County Durham, DH9 — £75,000 • 3 bed • 2 bath • 700 ft²
