Pennine View, Sherburn Hill DH6 2 bed terraced house for sale

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Pennine View, Sherburn Hill DH6 2 bed terraced house for sale

Pennine View, Sherburn Hill DH6
£110,000

Our Summary

  • 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 investors property portfolio
  • 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 terraced house in Durham is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, three-piece bathroom, and wc, as well as a rear garden and driveway. Currently, it generates an annual gross income of £7,200 from a tenant who has been in residence for several years and has consistently paid their rent. With a potential rental income that could be earned in future years, this property is a worthwhile addition to an investor's portfolio. The current tenants do not have any intentions to move out, making for a smooth transition and maximum commitment to the sale.