0141 674 1833

Oakley Green, Bishop Auckland, DL14

3 bedroom Terraced House in Bishop Auckland

Under Offer
Offers Over £63,000
Current Yield 8.8 %
Potential Yield 11.1 %
Property Reference: 203674354
  • Terraced House
  • 3 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 104 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Garden Grounds
  • Close Proximity to Valuable Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 3 bedroom mid terrace house located in Bishop Auckland. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

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

This well-kept home features 3 bedrooms, lounge, kitchen, bathroom, and garden grounds.

Investment details

It currently produces an annual gross income of £5,700 which could be increased by the new owner to a market rate of £7,200 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

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 Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 203674354

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £475
  • Potential Rent pcm: £600
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years +
  • Tenants means of funding: local authority funded
Property Reference: 203674354
Property Reference: 203674354

Property Location

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Request DetailsOakley Green, Bishop Auckland, DL14

Offers Over £63,000

Make an offer
Oakley Green, Bishop Auckland, DL14

Listing Price

Offers Over £63,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.