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Property ID: 214580274
Potential Monthly Income
£525
Potential Yield
9.2%
Tenancy status
Vacant
Capital Appreciation
+5.4%
Exclusive Investment Grade Opportunity

Our latest listing is a 3-bedroom Mid-Terraced house in Bishop Auckland. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently residing there.


For investors looking to expand their portfolio, this is a fantastic opportunity!


This well-kept home features 3 bedrooms, 2 bathrooms, a lounge, , and a kitchen.


Investment details


It currently produces an annual gross income of £6,300. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.


Please see the Let Property Pack linked below for greater details on this property's investment potential.


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 their stay. They do not intend to move out so they hope to remain in the property.


Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties to the sale, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income525/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£525 pcm
Current Rental Yield
9.2%
Potential Market Value Rent
£525 pcm
Potential Rental Yield
9.2%
Estimated Monthly Capital Appreciation
£311
Area Capital Appreciation Rate
+5.4%

Property Checks

Property Tenure

Verified as Leasehold with 170 years on lease

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

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

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

Council Tax Band: A

Street View not available

Location coordinates not found for this property

Ground Rent
Freehold
Factor Fees/Running Costs
TBC
Factor Name
unknown
Total Estimated Costs
unknown
Offers Over
£69,000
Location
Short Street, Bishop Auckland
Bedrooms
3
Type of property
Terraced

Additional Benefits

Fully Pre Checked by Let Property
Available First Come, First Serve
Over £1 Billion of UK Investment Property Sold.
Enquire for Detailed Returns Breakdown.

Map View not available

Location coordinates not found for this property

Yearly Net Profit
Current Yearly Rent
£6,300
Annual Capital
Appreciation
£1,380
Factor Fees/Service
Charge
Unknown
Other Yearly Costs
None
Indicated
Annual Net Returns
£7,680