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2 bed terraced for sale

£80,000

Balfour Street, Houghton Le Spring, Tyne And Wear, DH5 8BA

Bedrooms2TypeHouseRent pcm575FurnishedUnfurnished
TenureFreeholdGround rentService charge
Tenanted/VacantTenantedAST details12 Monthsuntil
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Balfour Street, Houghton-le-Spring – Tenant-in-Situ Investment

For sale as a buy-to-let investment with a tenant in situ, currently generating rent of £575 pcm. Asking price £80,000.

Freehold, unfurnished, two-bedroom terraced property with a tenant already in place and regular rental income. The tenant’s deposit is protected. Accounts showing rental payments are available on request.

A straightforward investment with immediate rental income for landlords or investors expanding their portfolio. Further tenancy details available on request.


Contact the Landlord / Seller about this property



Gross yield calculator

£
£
=
8.63%

Stamp duty calculator

£
 5%  Up to to £125,0004,000  7%  £125,001 to £250,0000 10%  £250,001 to £925,0000 15%  £925,001 to 1.5 million0 17%  Over £1.5 million0
=
£4,000

Nearest stations

Chester-le-Street 4.5 milesSeaham 4.7 milesSunderland 5.2 milesSt Peters 5.5 milesSeaburn 6.5 milesDistances are straight line measurements