3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Melville Street, Chester Le Street, DH3
£96,000

Price History

Initial price £100,000
24/11/24 £98,000
29/11/24 £96,000
Price Change -4.00%

Description

This 3-bedroom mid-terraced house in Chester Le Street is a fantastic investment opportunity, currently generating an annual gross income of £5,700 with a tenant in situ. The property is well-maintained and features a lounge, kitchen, and bathroom, offering a comfortable living space. With a market rate potential of £7,800, the new owner can increase the rental income, making it a worthwhile addition to their property portfolio. The current tenants have been long-term residents, consistently paying their rent, and have no intention of moving out, ensuring a smooth transition for the new owner. With a Let Property Pack available, investors can gain a deeper understanding of the property's investment potential and can contact the agency to learn more about this exciting opportunity.