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4 bed semi-detached house
Braithwaite Street, Bishop Auckland DL14
£122,000
Braithwaite Street, Bishop Auckland DL14
£122,000
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, and is currently generating an annual gross income of £11,400 from a long-term tenant. However, with a market rate of £18,912, there is potential for the new owner to increase the rental income. The property has a stable tenant who has lived there for several years and has consistently paid their rent, making it an attractive option for investors. With a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to diversify their investments.