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Craddock Street, Spennymoor DL16 2 bed terraced house for sale
Craddock Street, Spennymoor, DL16
£50,000
Craddock Street, Spennymoor, DL16
£50,000
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 2-bedroom mid-terraced house in Spennymoor is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £5,700 with tenants already in situ, and its well-kept condition and proximity to amenities make it an attractive option. With a potential for future rental income and a tenant committed to staying, this property has the potential to be a worthwhile addition to any investor's portfolio. The current tenants have a long-standing tenancy and have consistently paid their rent, providing a secure and reliable income stream.