2 bedroom detached house for sale

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2 bedroom detached house for sale

Houghton Le Spring, County Durham, DH4
£118,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This 2-bedroom 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 £4,500, but with long-term tenants already in place, the new owner could increase the rent to a market rate of £10,800. The property is well-maintained and features two bedrooms, a backyard, and a three-piece bathroom. The current tenants have lived in the property for several years and have consistently paid their rent, with no intention of moving out. With a purchase price that will yield a worthwhile return, this property is an attractive addition to any investment portfolio.
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