New Herrington DH4 2 bed detached house for sale

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New Herrington DH4 2 bed detached house for sale

New Herrington DH4
£97,000

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
19/04/25 £94,000
26/04/25 £92,000
01/05/25 £100,000
13/06/25 £97,000
25/07/25 £96,000
29/08/25 £98,000
05/11/25 £97,000
Price Change -19.17%

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, three-piece bathroom, and currently produces an annual gross income of £4,500. With the potential to increase the rent to a market rate of £10,800, this property has the potential to be a worthwhile addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, making for a smooth transition for the new owner. With Let Property committed to facilitating a smooth transaction process, this is an excellent opportunity for investors to get a foothold in the market.