2 bedroom terraced bungalow for sale

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2 bedroom terraced bungalow for sale

The Avenue, Houghton Le Spring, DH5
£60,000

Price History

Initial price £70,000
19/10/24 £68,000
26/10/24 £66,000
01/11/24 £64,000
08/11/24 £70,000
18/11/24 £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
17/01/25 £54,000
30/01/25 £60,000
Price Change -14.29%

Description

This 2-bedroom mid-terrace bungalow in Houghton Le Spring is an attractive investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £5,700, but with the potential to increase to £7,320 with a new owner. The property is well-maintained and features 2 bedrooms, a lounge, kitchen, bathroom, and rear garden space. The current tenants, who have lived in the property for several years, are looking to remain, making for a hassle-free transition. With a purchase price that offers a worthwhile return, this property is an excellent addition to any investor's portfolio.