Dene Street, Houghton Le Spring DH5 2 bed semi

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Dene Street, Houghton Le Spring DH5 2 bed semi

Dene Street, Houghton Le Spring DH5
£78,000

Price History

Initial price £90,000
18/09/24 £88,000
30/09/24 £86,000
07/10/24 £84,000
11/10/24 £82,000
18/10/24 £80,000
26/10/24 £78,000
31/10/24 £76,000
07/11/24 £74,000
14/11/24 £72,000
20/11/24 £80,000
28/11/24 £78,000
Price Change -13.33%

Description

This 2-bedroom semi-detached house in Houghton Le Spring is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and rear garden space, and is currently generating an annual gross income of £5,940 from a long-term tenant. With the potential to increase the rent to a market rate of £9,000, this property offers a worthwhile addition to an investor's portfolio. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out, making for a smooth and hassle-free transaction. With its proximity to valuable amenities and potential for rental returns, this property is a great option for investors looking to grow their portfolio.