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Newgate Street, Bishop Auckland... 4 bed terraced house for sale
Newgate Street, Bishop Auckland, County Durham, DL14
£90,000
Newgate Street, Bishop Auckland, County Durham, DL14
£90,000
Our Summary
- ***EXCELLENT INVESTMENT OPPORTUNITY BEING SOLD VIA AUCTION*** ***SHOP WITH GROUND FLOOR FLAT ALONG WITH UPSTAIRS FLAT PLUS 2 INDIVIDUAL ROOMS UPSATIRS (ONE LET & ONE AVAILABLE) WITH COMMUNAL KITCHEN AND SHOWER ROOM*** ***RESERVATION FEE APPLIES*** An exciting investment opportunity located on Newgate Street in the heart of Bishop Auckland
- With three additional rental opportunities available, the potential full occupancy income is approximately £2,025pcm, offering an excellent return on investment
- Early viewing is highly recommended to fully appreciate the potential on offer
- BEING SOLD VIA AUCTION
- Being sold via auction
- EXCELLENT INVESTMENT OPPORTUNITY
- Excellent investment opportunity
Description
This exciting investment opportunity is located in the heart of Bishop Auckland, comprising a ground-floor commercial unit, two residential flats, and two individual rooms with communal kitchen and shower room. The shop is currently let, generating £825 per month, and one of the rooms is also let, with three additional rental opportunities available. With a potential full occupancy income of £2,025 per month, this property offers an excellent return on investment. Situated in a prime town centre location with strong rental demand, this property is perfect for investors looking to expand their portfolio. The property features a mix of commercial and residential spaces, including a self-contained ground floor flat, a room with en-suite, and communal kitchen and shower room, as well as a yard area and parking. Early viewing is highly recommended to fully appreciate the potential on offer.