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3 bedroom semi-detached house for sale
Kings Avenue, Durham, DH7 9QH
£180,000
Kings Avenue, Durham, DH7 9QH
£180,000
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 is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a spacious lounge, fully-equipped kitchen, and dining room, as well as three bedrooms, one ensuite bathroom, and a three-piece bathroom. The property also has a shared garden space and private driveway parking. Currently, the property is generating an annual gross income of £9,900 with tenants already situated, and considering the purchase price and potential rental income, it would be a worthwhile addition to an investor's portfolio. The current tenants have consistently paid their rent and have no intention of moving out, making for a smooth transition.