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For saleReduced 3 Mar 2026
£68,500

Gray Street, Consett, DH8 5EG

2bedrooms
1bathroom
Terracedtype
Freeholdtenure

Listed 16 Jul 2025 · price reduced 3 Mar 2026 · Consett

How the price compares

This home£68,500
Median 2 bed in DH8£120k63 homes listed · £106 per sq ft
Difference-43%below the area median

About this home

Investment Opportunity – Two Bedroom Mid-Terrace with Tenant in Situ | Yield: 10.51%

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 10.51%.

Property Features • Generously sized lounge • Well-appointed kitchen/diner with a range of fitted wall and base units • Two spacious bedrooms • Enclosed rear yard offering outdoor space

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. Important note to purchasers/tenants Making an Offer All offers must be supported with: A mortgage Agreement in Principle (if applicable) Proof of deposit and/or available funds Full details of your buying chain, including estate agents and solicitors 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. Important Information We aim to provide accurate property details, but they do not form part of any offer or contract. Services and appliances have not been tested. Photos, measurements, and floor plans are for guidance only and may not be exact. If you need clarification on anything, please contact us—especially if travelling a long distance to view. For Buyers Any fixtures and fittings not listed should be confirmed with the seller directly. For Tenants Most properties have a minimum tenancy term—please ask the branch for details. A security deposit of at least one month’s rent is required. Rent is paid monthly in advance. Tenants must insure their own belongings. Tenants are usually responsible for all utility bills and Council Tax. Referral Fees 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: Conveyancing: We may receive an average referral fee of £120.00 INV VAT. Surveying services: We may receive an average referral fee of £120.00 INC VAT.

Property details

Property type
Terraced
Council tax band
A
Tenure
Freehold
Parking
On street
Garden
Yes

Location

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  • Stocksfield Station7.1 mi

What nearby homes sold for

Median sold prices in DH8 over the last 12 months: terraced £113k · semi-detached £160k · detached £285k · flat £71k.

AddressTypeSoldPrice
35 Gray Street
Consett DH8 5EG
Terraced
Freehold
11 Jul 2025£61,500
6 Gray Street
Consett DH8 5EG
Terraced
Freehold
17 Jan 2025£83,500
33 Gray Street
Consett DH8 5EG
Terraced
Freehold
27 Sept 2024£52,500

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DH8

Buying costs

Monthly repayment£343£6,850 deposit · £61,650 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Sylvester Properties, Stanley on Rightmove (original listing). First listed 16 Jul 2025; details checked 7 Nov 2026. Latest change: reduced on 03/03/2026.

Agent disclaimer

Disclaimer - Property reference SYL250173. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sylvester Properties, Stanley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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