Kingfisher Drive, Houghton Le Spring DH5 2 bed terraced house for sale

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Kingfisher Drive, Houghton Le Spring DH5 2 bed terraced house for sale

Kingfisher Drive, Houghton Le Spring, Durham, DH5
£90,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom mid-terrace house in Houghton Le Spring is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two spacious bedrooms, a modern bathroom, and an open-plan lounge and kitchen area. The garden space is perfect for relaxation and the property currently produces an annual gross income of £6,600, which could be increased to £7,716 with long-term tenants already in situ. The tenants have been in the property for several years and have consistently paid their rent, with no intention to move out. With a competitive purchase price, this property is a worthwhile addition to any investor's portfolio, offering a smooth transaction process and maximum commitment to the sale.