For sale by online auction on November 27, 2025, is a 2-bedroom terraced property located in Houghton Le Spring, DH4 6AY. The property is currently let out on a 2-year lease, generating a monthly income of £600 and an annual income of £7,200, with a potential yield of 9.6%. The property is managed by a reliable letting agent, making it an attractive option for hands-off investors seeking predictable returns and long-term stability. The property is being sold as a turn-key leasehold investment, providing immediate rental income and the opportunity to benefit from the consistently strong rental market in the North East.