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3 bedroom terraced house for sale
Johnson Street, Eldon Lane, Bishop Auckland DL14
£55,000
Johnson Street, Eldon Lane, Bishop Auckland DL14
£55,000
Our Summary
- Boasting a monthly rental income of £475 and the potential for a stellar 10% gross yield based on the asking price, this home is a promising addition to any investment portfolio
- Whether you are looking to expand your investment portfolio or seeking a charming home with potential, this property ticks all the boxes
Description
This charming 3-bedroom mid-terraced house is a lucrative investment opportunity, with a sitting tenant in place and a guaranteed monthly rental income of £475. With the potential for a 10% gross yield based on the asking price, this property is a promising addition to any investment portfolio. The house features a spacious lounge, kitchen/diner, and three bedrooms, all with modern amenities. The property also boasts an enclosed yard to the rear, perfect for outdoor relaxation. With lettings and management services available, this investment is worry-free and ready to generate a steady cash flow from day one. Whether you're an experienced investor or looking to expand your portfolio, this property is a fantastic opportunity to secure a high-yielding investment with a tenant already in place.