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
£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.