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
£70,000

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 spacious and well-maintained 2-bedroom mid-terraced house in Bishop Auckland offers a reliable and long-term investment opportunity for investors. The property is in great condition and features 2 bedrooms, a lounge, a bathroom, and a kitchen. Currently, it generates an annual gross income of £5,220, which could be increased to £6,000 with new long-term tenants. The property has a loyal tenant who has been living there for several years and has consistently paid rent, with no intention to move out. With a worthwhile addition to an investor's portfolio, this property presents a brilliant opportunity for those looking for a reliable and rewarding rental return.