2 bedroom semi-detached house for sale

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2 bedroom semi-detached house for sale

Dene Street, Houghton Le Spring DH5
£80,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

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. Currently, it generates an annual gross income of £5,940, which could be increased to a market rate of £9,000 with long-term tenants already situated. The tenants, who have been in the property for several years, have consistently paid their rent and have no intention of moving out. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to generate rewarding rental returns.
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