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Dene Street, Houghton Le Spring DH5 2 bed semi
Dene Street, Houghton Le Spring DH5
£68,500
Dene Street, Houghton Le Spring DH5
£68,500
Price History
Initial price | £90,000 |
18/09/24 | £88,000 |
30/09/24 | £86,000 |
07/10/24 | £84,000 |
11/10/24 | £82,000 |
18/10/24 | £80,000 |
26/10/24 | £78,000 |
31/10/24 | £76,000 |
07/11/24 | £74,000 |
14/11/24 | £72,000 |
20/11/24 | £80,000 |
28/11/24 | £78,000 |
24/04/25 | £72,500 |
24/05/25 | £68,500 |
Price Change | -23.89% |
Description
This 2-bedroom semi-detached 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 £5,940, but with the potential to increase to £9,000 with long-term tenants already in place. The well-kept home features 2 bedrooms, lounge, kitchen, bathroom, and rear garden space, making it a desirable rental property. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to generate rewarding rental returns.