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Dene Street, Houghton Le Spring DH5 2 bed semi
Dene Street, Houghton Le Spring DH5
£78,000
Dene Street, Houghton Le Spring DH5
£78,000
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 semi-detached house in Houghton Le Spring is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and rear garden space, and is currently generating an annual gross income of £5,940 from a long-term tenant. With the potential to increase the rent to a market rate of £9,000, this property offers a worthwhile addition to an investor's portfolio. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out, making for a smooth and hassle-free transaction. With its proximity to valuable amenities and potential for rental returns, this property is a great option for investors looking to grow their portfolio.