New Herrington DH4 2 bed detached house for sale

>

New Herrington DH4 2 bed detached house for sale

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.