£70,000
2 bed terraced house for saleBaker Street, Houghton Le Spring DH5
2 beds
1 bath
1 reception
- Freehold
Sell Your Tenanted Property
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About this property
Stunnning 2 Bedroom Terraced Property
Three Piece Bathroom
Lounge and Kitchen
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Freehold
An exceptional opportunity to acquire a high-yielding two bedroom terraced house situated in the sought-after Houghton le Spring.
Key Investment Highlights:
High Rental Demand: Houghton le Spring is known for its growing popularity among tenants, ensuring strong and steady rental yields.
Prime Location: Proximity to key amenities like schools, shopping centers, and public transport makes it attractive for families and professionals.
Long-Term Growth: As an area benefiting from regeneration and ongoing development, Houghton le Spring continues to see rising property values and rental income potential.
Property Overview:
The is an exceptional 2 bedroom terraced house. It also features an open plan lounge, three piece and kitchen. Its strategic location is ideal for tenants who value convenience and connectivity, making it a highly attractive option for renters seeking easy access to essential services and the surrounding area.
Rental Potential:
Properties in Houghton le Spring consistently achieve strong rental returns, with demand often exceeding supply. Based on current market conditions, this two-bedroom apartment has the potential to generate an estimated rental income of £650 per month, delivering a healthy gross rental yield. With the added advantage of long-term capital growth, this property is a solid investment choice.
Future Growth and Appreciation:
As of 2024, Future Growth for Houghton le Spring includes upgrades to road networks or public transportation, such as new bus routes or railway connections and could enhance accessibility and attract new residents.
Additional Information:
Tenure: Freehold
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This property is a rare find, offering investors a perfect blend of immediate income and long-term capital growth. Don't miss out on this high-performing asset that promises to enhance your property portfolio.
Step into a world of investment excellence with this stunning property, already tenanted and perfectly positioned in a high-demand rental area. This property is a landlord's dream, offering an excellent rental yield and minimal vacancy rates, ensuring a steady stream of income from day one.
Arrange a viewing today and seize this unique investment opportunity. Contact us now to schedule your visit and explore the full potential of this outstanding property!
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