3 bed semi-detached house

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3 bed semi-detached house

Lynndale, Wolsingham DL13
£113,000

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 3-bedroom semi-detached house in Bishop Auckland is a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features modern and good condition living spaces, including a spacious lounge and kitchen, three-piece bathroom and wc, and three bedrooms. The property also benefits from a utility room, driveway, and front and rear garden space. Currently producing an annual gross income of £8,400, the property has the potential to increase to a market rate of £9,000 with tenants already situated. The current tenants, who have consistently paid their rent, do not intend to move out, making for a smooth transition for the new owner. With a valuable purchase price, this property is a worthwhile addition to any investor's portfolio.