>
Chapel Place, Coundon DL14 2 bed end of terrace house for sale
Chapel Place, Coundon DL14
£70,000
Chapel Place, Coundon DL14
£70,000
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)
Description
This 2-bedroom end of terraced house in Bishop Auckland offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, lounge, kitchen, ensuite, and three-piece bathroom. Currently producing an annual gross income of £4,200, the new owner has the potential to increase this to £5,820 by adjusting the rent to market rate, making it a worthwhile addition to an investor's portfolio. The property has a tenant currently situated, who has been paying rent consistently for several years and has no intention of moving out, ensuring a smooth transition for the new owner.