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Chapel Place, Coundon DL14 2 bed end of terrace house for sale
Chapel Place, DL14
£67,000
Chapel Place, DL14
£67,000
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 end of terraced house in Bishop Auckland is an attractive investment opportunity for those looking to expand their portfolio. The property is already generating an annual gross income of £4,200 and has a tenant currently situated, with the potential to increase the rental income to £5,820 with long-term tenants. The property is well-kept and features 2 bedrooms, lounge, kitchen, ensuite, and three-piece bathroom. The current tenants have been consistently paying their rent for several years and have no intentions to move out, making for a stable and reliable investment. With its proximity to amenities and potential for rental income growth, this property is a worthwhile addition to an investor's portfolio.