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2 bedroom terraced house for sale
Murton Lane, Houghton Le Spring, DH5
£49,000
Murton Lane, Houghton Le Spring, DH5
£49,000
Our Summary
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This 2-bedroom mid-terraced house in Houghton Le Spring is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features two bedrooms, a bathroom, a lounge, and a kitchen. Currently, it produces an annual gross income of £4,200, which has the potential to increase to £6,000 with long-term tenants already in place. The tenants, who have been residing in the property for several years, have consistently paid their rent and do not intend to move out. With a purchase price that offers a worthwhile return, this property is an attractive addition to any investment portfolio.