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2 bedroom detached house for sale
Houghton Le Spring, County Durham, DH4
£118,000
Houghton Le Spring, County Durham, DH4
£118,000
Price History
Initial price | £120,000 |
04/10/24 | £118,000 |
12/10/24 | £116,000 |
18/10/24 | £114,000 |
25/10/24 | £112,000 |
01/11/24 | £110,000 |
07/11/24 | £108,000 |
14/11/24 | £120,000 |
21/11/24 | £118,000 |
Price Change | -1.67% |
Description
This 2-bedroom detached house in Houghton Le Spring is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £4,500, but with long-term tenants already in place, the new owner could increase the rent to a market rate of £10,800. The property is well-maintained and features two bedrooms, a backyard, and a three-piece bathroom. The current tenants have lived in the property for several years and have consistently paid their rent, with no intention of moving out. With a purchase price that will yield a worthwhile return, this property is an attractive addition to any investment portfolio.