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St. Andrews Road, Spennymoor DL16 3 bed terraced house for sale
St. Andrews Road, Spennymoor DL16
£95,000
St. Andrews Road, Spennymoor DL16
£95,000
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 an attractive investment opportunity, offering a current annual gross income of £8,340 and strong potential for rental returns. The property features three bedrooms, two lounges, two bathrooms, and a kitchen, as well as on-street parking and a private rear garden. The current tenants, who have been residing in the property for several years, plan to continue their tenancy, providing a stable income stream for the new owner. With its convenient location and potential for future rental income, this property is an excellent addition to any investor's portfolio.