3 bedroom semi-detached house for sale

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3 bedroom semi-detached house for sale

Fonteyn Place, South Stanley DH9
£85,000

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-maintained 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 generates an annual gross income of £7,200 with tenants already situated, and its potential rental income in future years makes it a worthwhile addition to an investor's portfolio. The current tenants have a long-standing tenancy and have consistently paid their rent, with no intention to move out. The property is available for sale through Let Property, which is committed to facilitating a smooth transaction process between buyer and seller.