Palmer Street, Stanley DH9 1 bed terraced house for sale

>

Palmer Street, Stanley DH9 1 bed terraced house for sale

Palmer Street, Stanley, DH9
£45,000

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)

Description

This 1-bedroom mid-terrace house in Stanley is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £4,200 from a tenant who has been in place for several years and has consistently paid rent. With the potential to increase the rent to a market rate of £6,000, this property offers a worthwhile addition to an investor's portfolio. The current tenants have no intention of moving out, making for a smooth transition for the new owner. With a Let Property Pack available for further information, this is an opportunity not to be missed for those looking to generate rewarding rental returns.