Lansbury Drive, Birtley DH3 2 bed terraced house for sale

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Lansbury Drive, Birtley DH3 2 bed terraced house for sale

Lansbury Drive, Birtley DH3
£79,000

Price History

Initial price £95,000
17/12/24 £89,000
02/05/25 £79,000
Price Change -16.84%

Description

This 2-bedroom terraced house in Birtley is a rare find for investors, offering a perfect blend of immediate income and long-term capital growth. With a current tenant in place, it generates a yield of 6.63% and has the potential to increase to 8.21% with a rent increase to £650. The property is located in a sought-after area with excellent transport links, close proximity to schools and shops, making it highly attractive to potential tenants. With minimal vacancy rates and a steady stream of income, this property is a landlord's dream, offering a unique investment opportunity that should not be missed.