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Cambridge Court, Bishop Auckland, DL14 20 bed apartment for sale
Cambridge Court, Bishop Auckland, DL14
£425,000
Cambridge Court, Bishop Auckland, DL14
£425,000
Our Summary
- AMAZING INVESTMENT OPPORTUNITY FOR SALE VIA AUCTIONWe are delighted to present the opportunity to own 10 2 bedroom flats in a developing area, with a gross return of over £54,000
- The flats income are as follows and are also available as individual purchases: Flat 50-385pcmFlat 51-400pcmFlat 79-425pcmFlat 80-475pcmFlat 81-465pcmFlat 82-500pcmFlat 83-450pcmFlat 84-500pcmFlat 85-450pcmFlat 86-500pcm Currently being readvertised at £525pcmThis property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
- AMAZING INVESTMENT OPPORTUNITY
- Amazing investment opportunity
- Sold Via Modern Method of Auction
Description
This is an exceptional investment opportunity to own 10 two-bedroom flats in a developing area of Bishop Auckland, with a gross return of over £54,000, equivalent to over 12% return. The flats, located in Cambridge Court, are situated on the outskirts of the growing Tindale area and generate income ranging from £385 to £500 per month. Each flat is available for individual purchase, and the property is being sold through the Modern Method of Auction, requiring the buyer and seller to complete the transaction within 56 days. With a current rent of £525 per month, this is an attractive opportunity for investors seeking a reliable and lucrative investment.