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

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

James Street, Bishop Auckland DL14
£72,500

Our Summary

  • For greater details 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 great opportunity for investors seeking a reliable, long-term investment. The property is in good condition and features a lounge, bathroom, and kitchen, and is currently producing an annual gross income of £5,700. With the potential to increase the rent to a market rate of £6,084, this property could be a worthwhile addition to an investor's portfolio. The current tenants, who have been living in the property for several years, have consistently paid their rent and have no intention of moving out, making for a smooth transition. With its proximity to various amenities and potential for increased rental income, this property is a great investment opportunity for those looking to generate rewarding returns.