3 bed terraced house

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3 bed terraced house

Queen Street, Chester Le Street DH3
£110,000

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 3-bedroom mid-terrace property in Birtley offers a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £6,600, which could be increased to £8,532 with long-term tenants already in situ. The property is well-kept and features 3 bedrooms, a lounge, kitchen, and ensuite, as well as a rear garden space. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to generate rewarding rental returns.