2 bedroom terraced house for sale

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2 bedroom 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
16/04/25 £45,000
22/04/25 £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 great investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a bathroom, a lounge, and a kitchen. Currently, it generates an annual gross income of £4,200, which could be increased to £6,000 with long-term tenants already in place. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. With a purchase price that offers a worthwhile return, this property has the potential to be a valuable addition to an investor's portfolio.