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3 bedroom semi-detached house for sale
Fonteyn Place, South Stanley DH9
£105,000
Fonteyn Place, South Stanley DH9
£105,000
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 Stanley is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, fully-equipped kitchen with dining area, and a four-piece bathroom. It also has a private rear garden and on-street parking. Currently, the property is generating an annual gross income of £7,200 with tenants already situated, and considering the purchase price and potential rental income, it's a worthwhile addition to any portfolio. The current tenants have lived in the property for several years and have consistently paid their rent, with no intention to move out. With a Let Property Pack available for further details, this is an excellent opportunity for investors to secure a reliable and profitable property.