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Kingfisher Drive, Houghton Le Spring DH5 2 bed terraced house for sale
Kingfisher Drive, Houghton Le Spring DH5
£92,000
Kingfisher Drive, Houghton Le Spring DH5
£92,000
Price History
Initial price | £105,000 |
16/03/25 | £100,000 |
22/03/25 | £98,000 |
29/03/25 | £96,000 |
05/04/25 | £94,000 |
11/04/25 | £92,000 |
Price Change | -12.38% |
Description
This 2-bedroom mid-terrace house in Houghton Le Spring offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two spacious bedrooms, a modern bathroom, and an open-plan lounge and kitchen area, as well as a garden space perfect for relaxation. Currently producing an annual gross income of £6,600, the property has the potential to increase to £7,716 with long-term tenants already in situ. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, making for a hassle-free transition for the new owner. With a Let Property Pack available for further details, this property is an excellent addition to any investor's portfolio.