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Dene Street, Houghton Le Spring DH5 2 bed semi
Dene Street, Houghton Le Spring DH5
£68,500
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)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom semi-detached house in Houghton Le Spring is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £5,940, but with the potential to increase to £9,000 with long-term tenants already in place. The well-kept home features 2 bedrooms, lounge, kitchen, bathroom, and rear garden space, making it a desirable rental property. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to generate rewarding rental returns.