Gray Street, Consett, DH8

Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1

Agent: Sylvester Properties - County Durham Phone: 01207 653027

Investment Opportunity – Two Bedroom Mid-Terrace with Tenant in Situ | Yield: 8.76%<br/><br/>Sylvester Properties are pleased to present this excellent investment opportunity to the sales market. This spacious two-bedroom mid-terrace home is offered with a tenant in situ, delivering an attractive rental yield of 8.76%.<br/><br/> Property Features <br/>• Generously sized lounge <br/>• Well-appointed kitchen/diner with a range of fitted wall and base units <br/>• Two spacious bedrooms <br/>• Enclosed rear yard offering outdoor space <br/><br/>Situated in Consett, the property benefits from close proximity to local amenities, including supermarkets, schools, and excellent transport links, making it an ideal location for tenants. This is a fantastic investment in a popular rental area – early viewing is highly recommended.<br/>Important note to purchasers/tenants<br/>Making an Offer<br/>All offers must be supported with:<br/>A mortgage Agreement in Principle (if applicable)<br/>Proof of deposit and/or available funds<br/>Full details of your buying chain, including estate agents and solicitors<br/>Under Money Laundering Regulations, we must also see proof of ID for all buyers before we can issue an offer acceptance letter or instruct solicitors.<br/>Important Information<br/>We aim to provide accurate property details, but they do not form part of any offer or contract.<br/>Services and appliances have not been tested.<br/>Photos, measurements, and floor plans are for guidance only and may not be exact.<br/>If you need clarification on anything, please contact us—especially if travelling a long distance to view.<br/>For Buyers<br/>Any fixtures and fittings not listed should be confirmed with the seller directly.<br/>For Tenants<br/>Most properties have a minimum tenancy term—please ask the branch for details.<br/>A security deposit of at least one month’s rent is required.<br/>Rent is paid monthly in advance.<br/>Tenants must insure their own belongings.<br/>Tenants are usually responsible for all utility bills and Council Tax.<br/>Referral Fees<br/>In accordance with the Estate Agents’ (Provision of Information) Regulations 1991 and the Consumer Protection from Unfair Trading Regulations 2008, we are required to inform you that we may receive referral fees for services offered to sellers and purchasers. These may include:<br/>Conveyancing: We may receive an average referral fee of £120.00 INV VAT.<br/>Surveying services: We may receive an average referral fee of £120.00 INC VAT.<br/><br/>