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New Herrington DH4 2 bed detached house for sale
New Herrington, Houghton Le Spring DH4
£97,000
New Herrington, Houghton Le Spring DH4
£97,000
Price History
Initial price | £100,000 |
12/06/25 | £97,000 |
Price Change | -3.00% |
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, three-piece bathroom, and is currently generating an annual gross income of £4,500. With long-term tenants already in place, the new owner can increase the rent to a market rate of £10,800, making it a worthwhile addition to any portfolio. The tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, ensuring a smooth transition for the new owner. With a Let Property Pack available for further detail, this is an excellent chance for investors to secure a lucrative rental property.