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Balmoral Avenue, Stanley DH9 3 bed semi
Balmoral Avenue, Stanley, County Durham, DH9
£70,000
Balmoral Avenue, Stanley, County Durham, DH9
£70,000
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 3 bedrooms, 2 bathrooms, a lounge, kitchen, and rear garden space. Currently, it generates an annual gross income of £5,208 with tenants already situated, and with a purchase price and potential rental income in future years, it could be a worthwhile addition to an investor's portfolio. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out, making for a smooth transition for the buyer.