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Regent Street, Bishop Auckland DL14 2 bed terraced house for sale
6 Regent Street, Bishop Auckland, DL14 8SU
£40,000
6 Regent Street, Bishop Auckland, DL14 8SU
£40,000
Our Summary
- We are excited to present this 2 bedroom refurbishment opportunity located within a prime location in Bishop Auckland
- ** This property offers a BRRR Opportunity with immense development potential, perfect for investors looking to expand their portfolio
- Once renovated, the property holds the potential for a rental income of £750 - £800, making it an attractive prospect for buy-to-let investors
- This property offers a BRRR Opportunity with immense development potential, perfect for investors looking to expand their portfolio
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
This prime 2-bedroom refurbishment opportunity is located in a sought-after area of Bishop Auckland, offering a BRRR (buy, renovate, rent, and repeat) investment potential. The property, which is being sold at a discount, has immense development potential and could generate a rental income of £750-£800 per month. With two spacious double bedrooms, a well-equipped kitchen, a cozy living room, and a modern bathroom, the property is ideal for families or professionals seeking convenience and accessibility. The location is close to excellent schools and local amenities, and the town of Bishop Auckland offers a charming community, rich history, and stunning architecture. With sales evidence in the area of similar properties selling for £69,999 and £79,999, this property presents a fantastic investment opportunity for those looking to expand their portfolio.