Princes Street, Bishop Auckland DL14 2 bed terraced house for sale

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Princes Street, Bishop Auckland DL14 2 bed terraced house for sale

Princes Street, Bishop Auckland DL14
£47,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 2-bedroom mid-terraced house in Bishop Auckland is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, with a current annual gross income of £4,800 from a long-term tenant. With a market rate of £6,000, the new owner has the potential to increase the rental returns. The current tenants, who have been in the property for several years, have consistently paid their rent and have no intention of moving out, making for a smooth and stress-free transaction. With a Let Property Pack available for further detail, this property is a worthwhile addition to any investor's portfolio.