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

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

James 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 2-bedroom mid-terraced house in Bishop Auckland offers a great investment opportunity, with a current annual gross income of £5,700 that can be increased to £6,084 with long-term tenants already in place. The property is in good condition and features a lounge, kitchen, bathroom, and two bedrooms. The current tenants, who have been renting the property for several years, have consistently paid their rent and do not intend to move out, providing a stable and reliable source of income for the new owner. With its potential for increased rental returns and a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking for a long-term investment.