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4 bed semi-detached house
Braithwaite Street, Bishop Auckland DL14
£118,000
Braithwaite Street, Bishop Auckland DL14
£118,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- Investment potential detailed below (Let Property Pack)
Description
This 4-bedroom semi-detached property in Bishop Auckland is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, with a current annual gross income of £9,000 from a long-term tenant. With a market rate potential of £18,912, the new owner has the opportunity to increase the rental income. The property is in close proximity to valuable amenities and has a tenant already situated, making it a worthwhile addition to any investment portfolio. The current tenants have a good track record of paying their rent on time and have no intention of moving out, ensuring a smooth transition for the new owner.