Initial price	£135,000
06/08/25	£125,000
29/08/25	£120,000
12/09/25	£117,500
Price Change	-12.96%

This well-maintained three-bedroom semi-detached home is located in the sought-after area of Houghton le Spring and is perfect for investors looking for a turnkey buy-to-let opportunity. The property is situated in a quiet cul-de-sac with a rear garden, and is currently tenanted by a family with a periodic contract, generating a rental income of £725 per month, resulting in an annual income of £8,700 and a gross yield of 7.25%. The property is in excellent condition throughout and has a managing agent in place, making it an attractive investment opportunity. Viewings are available, but please note that the property is tenanted and we need to respect the tenants' right to a peaceful environment.