New Herrington DH4 2 bed detached house for sale

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New Herrington DH4 2 bed detached house for sale

Houghton Le Spring, County Durham, DH4
£95,000

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)

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 two bedrooms, a backyard, and a three-piece bathroom. Currently, it generates an annual gross income of £4,500 from a long-term tenant, which has the potential to increase to £10,800 with a new owner. The tenant has been in the property for several years and has consistently paid rent, with no plans to move out. With its close proximity to amenities and potential for increased rental income, this property is a worthwhile addition to any investor's portfolio.