2 bedroom semi-detached house for sale

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2 bedroom semi-detached house for sale

Dene Street, Houghton Le Spring, DH5
£68,500

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 2-bedroom semi-detached house in Houghton Le Spring is a fantastic investment opportunity, offering a current annual gross income of £5,940 and potential to increase to £9,000 with long-term tenants already in place. The property is well-maintained and features a lounge, kitchen, bathroom, and rear garden space. With a tenant currently situated, the new owner can benefit from a stable and consistent income stream. The property's investment potential is further highlighted by its proximity to amenities and the ability to generate rewarding rental returns. With the current tenants having lived in the property for several years and showing no intention to move out, this is a great chance for investors to expand their portfolio with a low-maintenance and lucrative investment.