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Kingfisher Drive, Easington Lane DH5 2 bed end of terrace house for sale
Kingfisher Drive, Easington Lane DH5
£90,000
Kingfisher Drive, Easington Lane DH5
£90,000
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 |
Price Change | -10.00% |
Description
This 2-bedroom end-of-terrace house in Houghton Le Spring is an attractive investment opportunity for those looking to expand their portfolio. The property features a modern open-plan kitchen and lounge, two bedrooms, a bathroom, and a garden space. Currently, it produces an annual gross income of £6,600, which could be increased to £7,884 with a new owner. The property has long-term tenants who have consistently paid their rent and have no intention of moving out, making for a worthwhile addition to an investor's portfolio. With its valuable amenities, rewarding rental returns, and tenant already in place, this property offers a fantastic opportunity for investors.