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3 bedroom semi-detached house for sale
Deepdale Street, Hetton-le-Hole DH5
£68,000
Deepdale Street, Hetton-le-Hole DH5
£68,000
Price History
Initial price | £75,000 |
16/11/24 | £73,000 |
24/11/24 | £70,000 |
29/11/24 | £68,000 |
Price Change | -9.33% |
Description
This 3-bedroom semi-detached property in Houghton Le Spring is a fantastic investment opportunity, offering a current annual gross income of £6,300 and potential to increase to £7,308 with a new owner. The property is well-maintained and features a lounge, kitchen, and bathroom, with a tenant currently in situ who has consistently paid rent for several years and has no plans to move out. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is ideal for those looking to expand their rental income. The current tenant's long-term stay also minimizes the risk of void periods, making it an attractive option for those seeking a stable and lucrative investment.