Kingfisher Drive, Easington Lane DH5 2 bed end of terrace house for sale

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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

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.