2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Short Street, Bishop Auckland, DL14
£65,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • 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 already generating a steady annual gross income of £4,800, with potential to increase to £6,228 with long-term tenants currently in place. The well-kept home features 2 bedrooms, a bathroom, lounge, and kitchen, making it a valuable asset for any investor. With a tenant already residing there, the new owner can expect a smooth transition and a worthwhile addition to their property portfolio. The current tenants have a strong track record of paying their rent on time and intend to remain in the property, making this a reliable and lucrative investment opportunity.