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Alma Terrace, Durham DH1 2 bed terraced house for sale
Alma Terrace, Durham DH1
£165,000
Alma Terrace, Durham DH1
£165,000
Our Summary
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom mid-terraced house in Durham is a valuable investment opportunity, offering a reliable and long-term rental return. The property, which was refurbished five years ago, features two bedrooms, a triple-fixture bathroom, a lounge, and front and back yards with secure fencing and gates, as well as an available parking space. Currently, the property generates an annual gross income of £14,400, making it a worthwhile addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, ensuring a smooth transition for the new owner.