2 bedroom terraced bungalow for sale

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2 bedroom terraced bungalow for sale

The Avenue, Hetton-le-Hole DH5
£60,000

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
Price Change -14.29%

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 2 bedrooms, a lounge, kitchen, bathroom, and rear garden space. Currently, it produces an annual gross income of £5,700, which could be increased to £7,320 with long-term tenants already in situ. The tenants, who have lived in the property for several years, have consistently paid their rent and have no plans to move out, making for a smooth transition for the new owner. With a Let Property Pack available for further detail, this property is a worthwhile addition to any investor's portfolio.