This 3-bedroom semi-detached house in Houghton le Spring is a rare find for investors, offering a perfect blend of immediate income and long-term capital growth. With a long-term tenant currently in place, the property generates a current yield of 5.95% and has the potential to increase to 7.20% with a higher rent. Located in a sought-after area with excellent transport links, the property is close to schools, shops, and amenities, making it highly attractive to potential tenants. With a current rent of £620 and potential rent of £750, this property is a landlord's dream, offering a steady stream of income from day one and minimal vacancy rates. With its prime location and high-performing potential, this property is an excellent addition to any property portfolio.