2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Lansbury Drive, DH3
£89,000

Price History

Initial price £95,000
17/12/24 £89,000
Price Change -6.32%

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. The property is already tenanted, generating a current rent of £525 and a potential rent of £650, with a current yield of 6.63% and a potential yield of 8.21%. Located in a sought-after area with excellent transport links, schools, and shops nearby, the property is highly attractive to potential tenants. With a long-term tenant currently in situ, the property promises a steady stream of income from day one, making it a landlord's dream.