2 bedroom semi-detached house for sale

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2 bedroom semi-detached house for sale

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.