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Murton Lane, Houghton Le Spring DH5 2 bed terraced house for sale
Murton Lane, Houghton-Le-Spring DH5
£47,000
Murton Lane, Houghton-Le-Spring DH5
£47,000
Price History
Initial price | £49,000 |
29/03/25 | £47,000 |
06/04/25 | £49,000 |
11/04/25 | £47,000 |
Price Change | -4.08% |
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 currently generating an annual gross income of £4,200, but with the potential to increase to £6,000 with long-term tenants already in place. The tenants, who have been residing in the property for several years, have consistently paid their rent and do not intend to move out. With its well-kept condition and proximity to valuable amenities, this property is a worthwhile addition to any investor's portfolio.