Murton Lane, Houghton Le Spring DH5 2 bed terraced house for sale

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Murton Lane, Houghton Le Spring DH5 2 bed terraced house for sale

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.