3 bed terraced house

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3 bed terraced house

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, a kitchen, and a private rear garden, this property offers strong potential for rental returns. The current tenants have been paying their rent on time for several years and wish to continue their tenancy, providing a stable and reliable income stream. With its excellent location and potential for future rental income, this property is a worthwhile addition to any investor's portfolio.