- Three Bedroom Residential Property +
- Investment Producing £7,140 Per Annum +
- Approximately 83.06 sq m (894 sq ft) GIA +
RESIDENTIAL INVESTMENT
For Sale by Public Online Auction on 26/02/2025 13:00
Location
The property is located on Stephen Street in Consett, County Durham. It lies approximately 14 miles southwest of Newcastle upon Tyne and 13 miles northwest of Durham. The town is well-connected by road, with the A692 providing direct access to the A1(M), facilitating travel to Newcastle, Durham, and beyond.
The main thoroughfare in Consett is the A692 (Medomsley Road), which runs through the town, linking it to surrounding areas. Other significant roads include Front Street, which leads to the town centre, and Victoria Road, where the property is situated.
Public transportation is readily accessible, with several bus routes serving the area and connecting Consett to nearby towns and cities. The nearest railway station is Chester-le-Street, located approximately 10 miles to the east, offering rail services to Newcastle, Durham, and further afield.
Consett is bordered by the villages of Delves Lane to the east, Blackhill to the west, and Shotley Bridge to the north, with the nearby Derwent Valley providing opportunities for outdoor activities and scenic walks.
Description
A two storey, brick built three bedroom mid terrace residential property.
The ground floor features a kitchen/diner, living room and utility room, along with a house bathroom on the half landing and three bedrooms on the first floor. Approximately 83.06 sq m (894 sq ft) GIA.
Externally, the property provides on street parking to the front and a rear garden, on a site of approximately 0.01 Hectares (0.026 Acres).
Tenure
Freehold under Title Number DU258101
Tenancy
The property is occupied under the terms of an Assured Shorthold Tenancy Agreement from 26 March 2021 for a term of 2 years at a rent of £595.00 PCM (£7,140 Per Annum).
Planning Authority
Durham County Council -
E:52
Refer to the legal documentation
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