Guide price
£100,000
5 bed flat for sale48A & 48B Derwent Street, Consett, County Durham DH8
5 beds
EPC Rating: C
Auction
About this property
For sale by online auction on Tuesday, 07 Oct 2025 ending at 13:20
Ideal Buy-to-Let Opportunity in the Heart of Consett
Investment Opportunity – Two Self-Contained Flats
An excellent opportunity to acquire a pair of self-contained flats located in Consett town centre, offering strong rental potential and immediate income.
48A Derwent Street
-Two-bedroom first floor flat.
-Let to the same tenant for over 10 years, demonstrating stability and reliability.
-Current rent: £595pcm.
48B Derwent Street
-Spacious three-bedroom maisonette with generous living accommodation, private yard space, and modern fixtures.
-Currently let at £500pcm.
-Potential to improve income stream with active management.
Location
Situated in the popular town of Consett, within walking distance of local shops, amenities, schools, and transport links. Consett is well-connected to Durham, Newcastle, and surrounding areas, making it a popular rental location.
Summary
-Two separate titles, offered together.
-Combined rental income of £1,095pcm when fully performing.
-Attractive investment with potential for over 10% gross yield.
-Ideal buy-to-let purchase with scope to add value through management and rental uplift.
EPC Ratings: Available on legal pack.Tenure: FreeholdEPC Rating: C
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Ideal Buy-to-Let Opportunity in the Heart of Consett
Investment Opportunity – Two Self-Contained Flats
An excellent opportunity to acquire a pair of self-contained flats located in Consett town centre, offering strong rental potential and immediate income.
48A Derwent Street
-Two-bedroom first floor flat.
-Let to the same tenant for over 10 years, demonstrating stability and reliability.
-Current rent: £595pcm.
48B Derwent Street
-Spacious three-bedroom maisonette with generous living accommodation, private yard space, and modern fixtures.
-Currently let at £500pcm.
-Potential to improve income stream with active management.
Location
Situated in the popular town of Consett, within walking distance of local shops, amenities, schools, and transport links. Consett is well-connected to Durham, Newcastle, and surrounding areas, making it a popular rental location.
Summary
-Two separate titles, offered together.
-Combined rental income of £1,095pcm when fully performing.
-Attractive investment with potential for over 10% gross yield.
-Ideal buy-to-let purchase with scope to add value through management and rental uplift.
EPC Ratings: Available on legal pack.Tenure: FreeholdEPC Rating: C
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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