Kingfisher Drive, Easington Lane DH5 2 bed end of terrace house for sale

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Kingfisher Drive, Easington Lane DH5 2 bed end of terrace house for sale

Kingfisher Drive, Houghton Le Spring, DH5
£94,000

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 end-of-terrace house in Houghton Le Spring offers a fantastic investment opportunity for those looking to expand their portfolio. The property features two bedrooms, a modern open-plan kitchen and lounge, a bathroom, and a garden space, and is currently producing an annual gross income of £6,600. With the current tenants, who have been living in the property for several years and have consistently paid their rent, already situated, the new owner could potentially increase the income to a market rate of £7,884. With the purchase price, this would make for a worthwhile addition to an investor's property portfolio.