Palmer Street, Stanley DH9 1 bed terraced house for sale

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Palmer Street, Stanley DH9 1 bed terraced house for sale

Palmer Street, Stanley DH9
£43,000

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 1-bedroom mid-terrace house in Stanley is an attractive investment opportunity, currently producing an annual gross income of £4,200 and with potential to increase to £6,000 with a new owner. The property is well-maintained and features a single bedroom, lounge, kitchen, and bathroom. With a long-term tenant already in place, the current rent is below market rate, offering a potential for significant returns. The tenants have a good track record of paying their rent on time and have no plans to move out, making for a hassle-free investment. With a Let Property Pack available for further details, this property is an excellent addition to any investor's portfolio.