3 bedroom semi-detached house for sale

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3 bedroom semi-detached house for sale

Sidings Place, Houghton Le Spring, County Durham, DH4
£117,500

Our Summary

  • Buy-To-Let Investment Opportunity

Description

This well-maintained three-bedroom semi-detached home is located in the sought-after area of Houghton le Spring and is perfect for investors looking for a turnkey buy-to-let opportunity. The property is situated in a quiet cul-de-sac with a rear garden, and is currently tenanted by a family with a periodic contract, generating a rental income of £725 per month, resulting in an annual income of £8,700 and a gross yield of 7.25%. The property is in excellent condition throughout and has a managing agent in place, making it an attractive investment opportunity. Viewings are available, but please note that the property is tenanted and we need to respect the tenants' right to a peaceful environment.