A spacious and well-kept 2-bedroom Mid-Terraced house located in Bishop Auckland. There are various valuable amenities within walking distance of the property and it can generate rewarding rental returns.
For investors looking for a reliable, long-term investment, this is a brilliant opportunity!
The home is in great condition and features 2 bedrooms, a lounge, a bathroom, and a kitchen.
Investment details
It currently produces an annual gross income of £5,220 which could be increased by the new owner to a market rate of £6,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.
For greater details on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.
Self Funded
Length of Tenancy information has been provided by the seller as verbal and written confirmation.
Verified as Leasehold with 170 years on lease
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Council Tax Band: A
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Location coordinates not found for this property