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2 bedroom terraced bungalow for sale
The Avenue, Hetton-le-Hole DH5
£51,000
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.