Girven Terrace West, Easington Lane, Houghton le Spring, DH5

Overview

A tenanted two-bedroom semi-detached house (69 m²) on Girven Terrace West in Easington Lane, Houghton le Spring (DH5), offered at £60,000. The sitting tenant pays £525 per calendar month — a passing rent of £6,300 per annum and a verified gross yield of 10.5% at the asking price. A low-entry, high-yield income unit in an established County Durham coalfield village.

Investment highlights

• Tenanted two-bed semi — passing rent of £6,300 per annum (10.5% gross)
• £60,000 entry price — one of the lowest on our book
• Sitting tenant in place — income from day one
• Easington Lane (DH5) — steady local rental demand