2 bedroom terraced bungalow for sale

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2 bedroom terraced bungalow for sale

The Avenue, Hetton-le-Hole DH5
£51,000

Price History

Initial price £70,000
19/10/24 £68,000
26/10/24 £66,000
02/11/24 £64,000
08/11/24 £70,000
15/11/24 £68,000
21/11/24 £60,000
28/11/24 £58,000
05/12/24 £56,000
13/12/24 £54,000
19/12/24 £60,000
02/01/25 £58,000
09/01/25 £56,000
15/01/25 £54,000
30/01/25 £60,000
27/02/25 £55,000
13/03/25 £53,000
20/03/25 £51,000
27/03/25 £55,000
03/04/25 £53,000
09/04/25 £51,000
Price Change -27.14%

Description

This 2-bedroom mid-terrace bungalow in Houghton Le Spring is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and rear garden space. Currently, it generates an annual gross income of £5,700, which could be increased to £7,320 with long-term tenants already situated. The tenants have been in the property for several years, consistently paying their rent, and have no intention of moving out. With a purchase price that will yield a worthwhile return, this property is a great addition to any investor's portfolio.