Nelson Street, Bishop Auckland DL14 2 bed terraced house for sale

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Nelson Street, Bishop Auckland DL14 2 bed terraced house for sale

Nelson Street, Bishop Auckland, DL14
£69,000

Our Summary

  • For greater details 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 great investment opportunity, offering a reliable and long-term income stream. The property is in good condition and features 2 bedrooms, a lounge, a bathroom, and a kitchen. Currently, it produces an annual gross income of £5,220, which could be increased to £6,000 with long-term tenants already in place. The property has a stable tenancy, with the current tenants having lived there for several years and showing no intention to move out. With its potential for increased rental returns and a worthwhile addition to an investor's portfolio, this property is an attractive option for those looking to generate a steady income through property investment.