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Hillbeck Street, Bishop Auckland DL14 2 bed terraced house for sale
Hillbeck Street, Bishop Auckland DL14
£47,000
Hillbeck Street, Bishop Auckland DL14
£47,000
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)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom mid-terraced house in Bishop Auckland is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £4,560 from a long-term tenant. With a potential market rate of £5,916, the new owner can increase the rental income, making it a worthwhile addition to their portfolio. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out, ensuring a smooth transition for the buyer.