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Kingfisher Drive, Easington Lane DH5 2 bed end of terrace house for sale
Kingfisher Drive, Houghton Le Spring, DH5
£86,000
Kingfisher Drive, Houghton Le Spring, DH5
£86,000
Price History
Initial price | £100,000 |
16/03/25 | £98,000 |
22/03/25 | £96,000 |
29/03/25 | £94,000 |
06/04/25 | £92,000 |
11/04/25 | £90,000 |
16/04/25 | £88,000 |
22/04/25 | £86,000 |
Price Change | -14.00% |
Description
This 2-bedroom end-of-terrace house in Houghton Le Spring is a fantastic investment opportunity for those looking to expand their portfolio. The property features two bedrooms, an open-plan kitchen and lounge, a bathroom, and a garden space, and is currently occupied by a tenant who has been paying rent for several years and has no intention of moving out. The property currently produces an annual gross income of £6,600, which could be increased to a market rate of £7,884 with the new owner, making it a worthwhile addition to an investor's portfolio. With its proximity to valuable amenities and potential for increased rental returns, this property is a great opportunity for investors to make a worthwhile investment.