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3 bedroom terraced house for sale
Melville Street, Chester Le Street, DH3
£96,000
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.