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2 bed terraced house
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Price History
Our Summary
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment Opportunity
- For greater details on this property's investment potential, please see the Let Property Pack linked below
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Description
This 2-bedroom mid-terraced house in Bishop Auckland is a great investment opportunity, offering a reliable and long-term income stream. The property is in good condition and features 2 bedrooms, a lounge, a bathroom, and a kitchen. Currently, it produces an annual gross income of £5,220, which could be increased to £6,000 with long-term tenants already in place.
The property has a stable tenancy, with the current tenants having lived there for several years and showing no intention to move out. With its potential for increased rental returns and a worthwhile addition to an investor's portfolio, this property is an attractive option for those looking to generate a steady income through property investment.