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Horsley Road, Washington NE38 4 bed terraced house for sale
Horsley Road, Washington NE38
£120,000
Horsley Road, Washington NE38
£120,000
Our Summary
- 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 4-bedroom mid-terrace house in Washington is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, rear garden space, and parking. Currently, it produces an annual gross income of £9,600, which could be increased to a market rate of £13,800 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and have no intentions to move out, providing a stable and reliable source of income. With a purchase price that offers a worthwhile return, this property is an attractive addition to any investor's portfolio.