Summary - 1 CLUB COTTAGES NEW HERRINGTON HOUGHTON LE SPRING DH4 4LR
2 bed 1 bath Detached
Two-bed buy-to-let with tenancy and clear rental uplift potential.
Freehold two-bedroom detached cottage with backyard
This detached two-bedroom cottage in New Herrington is offered as a buy-to-let opportunity with an established long-term tenant. The property is freehold, sits on a decent plot with a backyard, and has traditional Victorian brick character that will appeal to investors seeking steady rental stock in an accessible location.
The current gross income is £4,500 annually but market rent is estimated at around £10,800, presenting clear upside for a new owner prepared to reprice or refurbish. The tenant has occupied the property for several years and intends to remain, providing immediate income continuity; the sale includes the tenancy in situ.
Internally the home is liveable but dated: compact contemporary kitchen, a three-piece bathroom, and traditional living room and bedroom spaces. Cosmetic and functional updates would likely increase capital value and rental yield; buyers should budget for redecoration and potential maintenance works.
The wider area is classified as deprived with an industrial-transition local profile and average crime levels; this influences tenant demand and achievable rent but also supports strong rental yields for the right investor. Note: a buyer's premium applies as part of the sale process.
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