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Newgate Street, Bishop Auckland... 4 bed terraced house for sale
Newgate Street, Bishop Auckland, County Durham, DL14
£77,000
Newgate Street, Bishop Auckland, County Durham, DL14
£77,000
Our Summary
- *EXCELLENT INVESTMENT OPPORTUNITY BEING SOLD VIA AUCTION* *SHOP WITH GROUND FLOOR FLAT ALONG WITH UPSTAIRS FLAT PLUS 2 INDIVIDUAL ROOMS UPSATIRS (ONE LET & ONE AVAILABLE) WITH COMMUNAL KITCHEN AND SHOWER ROOM* *RESERVATION FEE APPLIES* An exciting investment opportunity located on Newgate Street in the heart of Bishop Auckland
- With three additional rental opportunities available, the potential full occupancy income is approximately £2,025pcm, offering an excellent return on investment
- Early viewing is highly recommended to fully appreciate the potential on offer
- BEING SOLD VIA AUCTION
- Being sold via auction
- EXCELLENT INVESTMENT OPPORTUNITY
- Excellent investment opportunity
Description
This investment opportunity is a unique property located in the heart of Bishop Auckland, comprising a ground-floor commercial unit, two residential flats, and two individual rooms with a communal kitchen and shower room. The shop is currently let, as is one of the rooms, generating a combined rental income of £825 per month. With three additional rental opportunities available, the potential full occupancy income is approximately £2,025 per month, offering an excellent return on investment. The property is situated in a prime town centre location with strong rental demand, making it an attractive option for investors looking to expand their portfolio. The property features a mix of modern and traditional features, including a yard area and parking, and offers a rare opportunity to own a significant investment property in a sought-after location.