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St. Andrews Road, Spennymoor DL16 3 bed terraced house for sale
St. Andrews Road, Spennymoor DL16
£84,000
St. Andrews Road, Spennymoor DL16
£84,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- 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 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)
- Investment potential detailed below (Let Property Pack)
Description
This 3-bedroom mid-terrace house in Spennymoor is a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, generating an annual gross income of £8,340. With two lounges, two bathrooms, and a kitchen, it offers a comfortable living space. The property also features on-street parking and a private rear garden, making it an attractive option for investors. The current tenants have been paying their rent on time for several years and wish to continue their tenancy, ensuring a smooth transition for the new buyer. With its strong potential for rental returns, this property is a worthwhile addition to any investor's portfolio.