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๐Ÿ  2 Bed Terrace Property - For Sale With Lease In Place

4 Pinewood Street, Houghton Le Spring, Tyne And Wear, DH4ย 6AY

ยฃ50,000
Residential
About this Property
2025-08-28
50000
Traditional
Residential
Description

Property Overview ๐Ÿ“ Location: 4 Pinewood Street, Houghton Le Spring, DH4 6AY ๐Ÿ  Property Type: Terraced House ๐Ÿ› Bedrooms: 2 ๐Ÿšฟ Bathrooms: 1 ๐Ÿก Tenure: Freehold ๐Ÿ”‘ Tenancy Status: Fully Let - 2 year lease in place ๐Ÿ“ˆ Investment Strategy: Buy-to-Let ๐Ÿ’ฐ Current Rental Income: ยฃ600pcm / ยฃ7,200pa ๐Ÿ“ˆ Potential Yield: 9.6% ๐Ÿ—๏ธ Turn-Key Leasehold Investment in Houghton-le-Spring This two-bedroom terraced home comes with a lease agreement already in place, offering immediate rental income in one of the North Eastโ€™s consistently strong rental markets. Professionally managed by a reliable letting agent, this property is ideal for hands-off investors seeking predictable returns and long-term stability. ๐Ÿ“ฉ Interested? Get in touch today! ๐Ÿ“ž 01642 263333 Disclaimer: Material information will be provided within the legal pack- to download this register your interest at tcpa.co.uk. Please note: TCPA have not inspected this property, all details have been supplied by the vendor.

Location
More Information
Freehold
Pinewood Street
Planing Authority
County Durham LPA
Sold Price History
30 Nov 2007Soldยฃ85,000
26 Aug 2024Sold Lot Town and Country Franchise Ltdยฃ42,500
20 Sep 2024Soldยฃ47,500

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