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8 bedroom block of apartments for sale
Flats 29, 30, 31 & 32 Cambridge Court, Tindale Crescent, Bishop Auckland, County Durham, DL14 9SR
£175,000
Flats 29, 30, 31 & 32 Cambridge Court, Tindale Crescent, Bishop Auckland, County Durham, DL14 9SR
£175,000
Our Summary
- FOR SALE BY PUBLIC AUCTION - Thursday 18th September 2025 Turn-key rental investment with potential to increase rents in line with current market rates (we estimate £450+ per flat per month)
- For more information, legal documents and a guide to the auction process visit our website and download the online auction catalogue
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- The reserve is a figure below which the auctioneer cannot sell the property during the auction
Description
This property is a turn-key rental investment located in a convenient area with local amenities, including shops and schools, and is just 1.2 miles from Bishop Auckland Station. The property consists of four flats, each with a floor area of 62 square meters and an energy rating of C. The current rent is £16,400 per annum, but there is potential to increase rents to £21,600 or more per annum. The flats are leasehold, with each held on a lease for 155 years from 2005, with 135 years remaining. The property will be sold by public auction on September 18th, 2025, with a guide price and a reserve price, which will be revealed at the auction.