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New Herrington DH4 2 bed detached house for sale
New Herrington DH4
£96,000
New Herrington DH4
£96,000
Price History
Initial price | £120,000 |
07/10/24 | £118,000 |
12/10/24 | £116,000 |
18/10/24 | £114,000 |
26/10/24 | £112,000 |
01/11/24 | £110,000 |
07/11/24 | £108,000 |
14/11/24 | £120,000 |
21/11/24 | £118,000 |
28/11/24 | £116,000 |
05/12/24 | £114,000 |
13/12/24 | £112,000 |
19/12/24 | £110,000 |
01/01/25 | £108,000 |
09/01/25 | £120,000 |
15/01/25 | £118,000 |
31/01/25 | £116,000 |
27/02/25 | £110,000 |
12/03/25 | £108,000 |
19/03/25 | £106,000 |
26/03/25 | £100,000 |
03/04/25 | £98,000 |
09/04/25 | £96,000 |
Price Change | -20.00% |
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 well-kept and features a backyard and three-piece bathroom, currently producing an annual gross income of £4,500. With long-term tenants already in place, the new owner can increase the rental income to a market rate of £10,800, making it a worthwhile addition to their portfolio. The tenants have been consistently paying their rent for several years and have no intention of moving out, ensuring a smooth transition. With Let Property Sales committed to facilitating a seamless transaction process, this is a great chance to capitalize on this investment opportunity.