Summary - 20 HARTINGTON STREET CONSETT DH8 6AA
2 bed 1 bath Flat
Long lease, tenant in situ and clear refurbishment potential.
Currently let at £480 pcm (tenant in situ).
An upper‑floor two-bedroom flat offering a straightforward buy-to-let in central Consett. The property is currently let at £480 pcm, presenting an approximate gross yield of 8.9% at the guide price of £65,000 and a 999-year lease provides long-term tenure security. Its position within walking distance of the town centre and transport links keeps tenant demand steady.
The building is a Victorian mid-terrace with period stone façade; internal layout includes lounge, kitchen, bathroom and two bedrooms. The flat benefits from gas central heating, double glazing (installation date unknown) and an enclosed rear yard. Rooms are average to small in size and the overall condition requires modernisation, which creates clear potential to add value through refurbishment.
Notable negatives are presented plainly: the area records above-average crime levels, the property shows signs of wear and potential damp, and external walls are original stone with assumed no insulation. These factors will affect repair and running-cost decisions and should be inspected. Current tenancy details beyond monthly rent are not supplied — buyers should confirm tenancy terms and deposits before purchase.
This is suitable for investors seeking an entry-level rental with immediate income and refurbishment upside. The property’s long lease and low council tax band reduce ownership friction, but budget for remedial works and consider local safety statistics when assessing net returns.
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