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Henry Street, Houghton le Spring DH5 2 bed terraced house for sale
Henry Street, Houghton Le Spring, DH5
£80,000
Henry Street, Houghton Le Spring, DH5
£80,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
- 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-terrace house in Houghton Le Spring offers a fantastic investment opportunity for those looking to expand their portfolio. With a tenant already in residence, the property currently generates an annual gross income of £6,000, providing a strong potential for rental returns. The property itself boasts two bedrooms, a lounge, kitchen, and three-piece bathroom, as well as private driveway parking and a private rear garden. The current tenants, who have been living in the property for several years, have consistently paid their rent on time and wish to continue their tenancy, making for a smooth and hassle-free transition for the new buyer. With its convenient location and attractive rental income, this property is sure to be a worthwhile addition to any investor's portfolio.