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2 bedroom detached house for sale
New Herrington, Houghton Le Spring DH4
£94,000
New Herrington, Houghton Le Spring DH4
£94,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
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 well-maintained and features a backyard, three-piece bathroom, and is currently generating an annual gross income of £4,500. With the potential to increase the rent to £10,800, this property offers a worthwhile addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, making for a smooth and hassle-free transition. With its close proximity to amenities and potential for strong rental returns, this property is a great option for those looking to invest in the area.