Murton Lane, Houghton Le Spring DH5 2 bed terraced house for sale

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Murton Lane, Houghton Le Spring DH5 2 bed terraced house for sale

Murton Lane, Houghton Le Spring, DH5
£45,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom mid-terraced 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 £4,200, with potential to increase to £6,000 with long-term tenants already in place. The property is well-kept and features 2 bedrooms, a bathroom, a lounge, and a kitchen. The current tenants have been residing in the property for several years and have consistently paid their rent, with no intention to move out. With a purchase price that will yield a worthwhile return, this property is an attractive addition to any investor's portfolio.
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