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
£94,000

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
13/05/25 £94,000
Price Change -6.00%

Description

This 2-bedroom end-of-terrace house in Houghton Le Spring offers a fantastic investment opportunity for those looking to expand their portfolio. The property features two bedrooms, a modern open-plan kitchen and lounge, a bathroom, and a garden space, and is currently producing an annual gross income of £6,600. With the current tenants, who have been living in the property for several years and have consistently paid their rent, already situated, the new owner could potentially increase the income to a market rate of £7,884. With the purchase price, this would make for a worthwhile addition to an investor's property portfolio.