1 bedroom apartment for sale

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1 bedroom apartment for sale

General Bucher Court, Bishop Auckland, DL14
£19,000

Our Summary

  • Selling via Modern Method of Auction
  • This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")

Description

This investment property is a 1-bedroom first-floor flat located in a central area with easy access to public transport links and local amenities. The property is currently tenanted and generates a monthly income of £375, resulting in a gross yield of over 23%. The property is being sold via the Modern Method of Auction, which requires the buyer and seller to complete the sale within 56 days. This is an excellent opportunity for investors to purchase a property with a healthy yield, and the current tenants will remain in situ until the sale is complete.
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