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2 bedroom semi-detached house for sale
Dene Street, Houghton Le Spring, DH5
£78,000
Dene Street, Houghton Le Spring, DH5
£78,000
Price History
Initial price | £90,000 |
18/09/24 | £88,000 |
27/09/24 | £86,000 |
04/10/24 | £84,000 |
11/10/24 | £82,000 |
18/10/24 | £80,000 |
25/10/24 | £78,000 |
31/10/24 | £76,000 |
07/11/24 | £74,000 |
14/11/24 | £72,000 |
20/11/24 | £80,000 |
27/11/24 | £78,000 |
Price Change | -13.33% |
Description
This 2-bedroom semi-detached house in Houghton Le Spring is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, bathroom, and rear garden space. Currently, it generates an annual gross income of £5,940, but with a new owner, the potential to increase the rent to £9,000 with long-term tenants already in place makes it a worthwhile addition to an investor's portfolio. The tenants have been living in the property for several years, consistently paying their rent, and have no intention of moving out, making for a smooth transaction process.