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Newgate Street, Bishop Auckland... 4 bed terraced house for sale
Newgate Street, Bishop Auckland, County Durham, DL14
£115,000
Newgate Street, Bishop Auckland, County Durham, DL14
£115,000
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 excellent investment opportunity is a shop with ground floor flat, along with two upstairs flats and two individual rooms, located in the heart of Bishop Auckland. The shop is currently let, as is one of the rooms, generating a combined rental income of £825 per month. With three additional rental opportunities available, the potential full occupancy income is approximately £2,025 per month, offering a strong return on investment. The property enjoys a prime town centre location with strong rental demand, making it an attractive option for investors looking to expand their portfolio. With a ground floor shop, two flats, and two individual rooms, this property offers a unique blend of commercial and residential space, providing a lucrative investment opportunity.