Fleet Street, Bishop Auckland, County... 7 bed terraced house for sale

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Fleet Street, Bishop Auckland, County... 7 bed terraced house for sale

Fleet Street, Bishop Auckland, County Durham, DL14
£94,500

Our Summary

  • *EXCELLENT INVESTMENET OPPORTUNITY BEING SOLD VIA AUCTION* *VACANT 7 BEDROOM PROPERTY WITH POTENTIAL FOR A HIGH RENTAL INCOME* *RESERVATION FEE APPLIES* Located in the heart of Bishop Auckland, just a short walk from the hospital and a range of excellent local amenities, this seven-bedroom HMO property offers a fantastic investment opportunity
  • Being sold via auction, the home presents strong potential for high yield returns, having previously been let at £1,650 per calendar month
  • Viewing a must to appreciate the potential
  • EXCELLENT INVESTMENT OPPORTUNITY
  • Excellent investment opportunity
  • POTENTIAL FOR HIGH RENTAL INCOME
  • Potential for high rental income

Description

This seven-bedroom HMO property in Bishop Auckland offers an excellent investment opportunity, being sold via auction with a reservation fee applying. The property is located in the heart of the town, within walking distance to the hospital and local amenities, and has previously been let at £1,650 per calendar month. With vacant possession, it allows for flexibility in sourcing tenants and is ready to move into, making it an ideal turnkey addition to any rental portfolio. The property is in good order throughout, with a floorplan comprising an entrance hall, three ground-floor bedrooms, a lounge/dining room, kitchen, and ground-floor WC, as well as four additional bedrooms and a bathroom on the first floor. The private, easy-maintenance garden to the rear adds to the property's appeal. Viewing is highly recommended to appreciate the potential of this rare investment opportunity.