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2 bedroom terraced bungalow for sale
The Avenue, Houghton Le Spring, DH5
£60,000
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.