Girven Terrace, Easington Lane... 2 bed terraced house for sale

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Girven Terrace, Easington Lane... 2 bed terraced house for sale

Girven Terrace, Easington Lane, Houghton Le Spring, Tyne and Wear, DH5 0JU
£40,000

Our Summary

  • The property offers strong investment potential, with an estimated rental value of £500 per calendar month, generating an annual income of £6,000 and delivering an excellent gross rental yield of approximately 12
  • Strong investment potential

Description

This charming two-bedroom mid-terraced house is a fantastic investment opportunity or first-time buyer's dream, offering a rare advantage of no onward chain. The property boasts two reception rooms, two double bedrooms, and a modern bathroom, all with uPVC double glazing and gas central heating. The exterior features a small, low-maintenance rear yard, perfect for outdoor relaxation. Situated in a village location, the property is close to local amenities, schools, and leisure facilities, making it an attractive option for both owner-occupiers and tenants. With an estimated rental value of £500 per month, generating an annual income of £6,000 and a gross rental yield of approximately 12.6%, this property represents a strong buy-to-let opportunity with immediate rental potential.