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3 bedroom terraced house for sale
St. Andrews Road, Spennymoor, DL16
£86,000
St. Andrews Road, Spennymoor, DL16
£86,000
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)
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, as well as a private rear garden and on-street parking. The current tenants, who have been residing in the property for several years, have consistently paid their rent on time and wish to continue their tenancy. With its strong potential for rental returns and a tenant already in place, this property is a worthwhile addition to any investor's portfolio.