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Murton Lane, Houghton Le Spring DH5 2 bed terraced house for sale
Murton Lane, Houghton Le Spring DH5
£45,000
Murton Lane, Houghton Le Spring DH5
£45,000
Price History
Initial price | £49,000 |
29/03/25 | £47,000 |
06/04/25 | £49,000 |
11/04/25 | £47,000 |
17/04/25 | £45,000 |
23/04/25 | £49,000 |
29/04/25 | £47,000 |
16/07/25 | £45,000 |
Price Change | -8.16% |
Description
This 2-bedroom mid-terraced house in Houghton Le Spring is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, bathroom, and two bedrooms. Currently, it generates an annual gross income of £4,200, but with long-term tenants already in place, the new owner could increase the rent to a market rate of £6,000. The property is near valuable amenities and has a tenant who has lived there for several years and intends to remain. With a smooth transaction process ensured by Let Property Sales, this is a worthwhile addition to any investor's portfolio.