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Surtees Street, Bishop Auckland DL14 2 bed terraced house for sale
Surtees Street, Bishop Auckland DL14
£60,000
Surtees Street, Bishop Auckland DL14
£60,000
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-terrace house in Bishop Auckland is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, two bedrooms, and convenient storage. Currently, it produces an annual gross income of £5040, which could be increased to £6264 with long-term tenants already in place. The tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is an attractive option for those looking to generate rewarding rental returns.