Kings Avenue, Durham DH7 3 bed semi

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Kings Avenue, Durham DH7 3 bed semi

Kings Avenue, Durham DH7
£146,000

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 3-bedroom semi-detached house in Durham offers a fantastic investment opportunity for investors looking to expand their portfolio. The property is well-kept and features a spacious lounge, fully-equipped kitchen, dining room, 1 ensuite bathroom, and a shared garden space. Currently, it generates an annual gross income of £9,900 with tenants already situated, making it a worthwhile addition to an investor's portfolio. The tenants have consistently paid their rent and have no plans to move out, ensuring a smooth transition for the buyer. With its proximity to valuable amenities and potential for future rental income, this property presents a rewarding investment opportunity for those looking to diversify their portfolio.