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Craddock Street, Spennymoor DL16 2 bed terraced house for sale
Craddock Street, Spennymoor DL16
£49,000
Craddock Street, Spennymoor DL16
£49,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- 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 mid-terraced house in Spennymoor is an attractive investment opportunity, generating an annual gross income of £5,700 with a tenant currently in situ. The well-kept property features 2 bedrooms, lounge, kitchen, bathroom, back garden space, and street parking, making it an excellent addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, providing a stable and reliable income stream. With its proximity to valuable amenities and potential for future rental income growth, this property is a worthwhile consideration for investors looking to expand their portfolio.