Woodlands Road, Bishop Auckland DL14 2 bed terraced house for sale

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Woodlands Road, Bishop Auckland DL14 2 bed terraced house for sale

Woodlands Road, 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 valuable investment opportunity, offering a reliable and long-term rental income. The property is in great condition and features a lounge, kitchen, bathroom, and two bedrooms. Currently, it generates an annual gross income of £5,700, which could be increased to £6,348 with a market rate rent. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out. With a worthwhile addition to an investor's portfolio, this property offers a smooth transaction process and the potential for a rewarding return on investment.