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3 bedroom semi-detached house for sale
Abbey Drive, Houghton Le Spring DH4
£125,000
Abbey Drive, Houghton Le Spring DH4
£125,000
Our Summary
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Description
This 3-bedroom semi-detached house in Houghton le Spring is a rare find for investors, offering a perfect blend of immediate income and long-term capital growth. The property is currently tenanted, generating £620 per month, with a potential rent of £750 and a yield of 5.95%. Its prime location, close to schools, shops, and transport links, makes it highly attractive to potential tenants, ensuring minimal vacancy rates and a steady stream of income. With a potential yield of 7.20%, this property is a landlord's dream, offering excellent rental returns and long-term growth potential.