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2 bedroom terraced house for sale
Alma Terrace, Durham, DH1
£165,000
Alma Terrace, Durham, DH1
£165,000
Our Summary
- Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio Please see the Let Property Pack linked below for greater details on this property's investment potential
- 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 source of rental returns. 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 producing an annual gross income of £14,400, the property is a worthwhile addition to any investor's portfolio, with the current tenants having lived in the property for several years and showing no intention of moving out. With its desirable location in the university city of Durham and a Let Property Pack available for further details, this is a fantastic opportunity for investors to generate a steady income stream.