>
1 bedroom flat for sale
General Bucher Court, Bishop Auckland, County Durham, DL14
£30,000
General Bucher Court, Bishop Auckland, County Durham, DL14
£30,000
Our Summary
- Long-Term Growth: As an area benefiting from regeneration and ongoing development, Bishop Auckland continues to see rising property values and rental income potential
- Based on current market conditions, this one-bedroom apartment is currently generating an income of £325 per month has the potential to generate an estimated rental income of £400 per month, delivering a healthy gross rental yield
- Arrange a viewing today and seize this unique investment opportunity
- Contact us now to schedule your visit and explore the full potential of this outstanding property
Description
This one-bedroom flat in Bishop Auckland is a stunning investment opportunity, offering a high rental demand and prime location. The property is situated in a sought-after area with local amenities, schools, and transport links, making it an attractive market for landlords. With a cozy lounge, three-piece bathroom, and kitchen, the property has a lovely atmosphere and is currently generating a rental income of £325 per month. However, with its potential to generate an estimated £400 per month, it offers a healthy gross rental yield. As the area is undergoing regeneration and development, it is expected to see rising property values and rental income potential, making it a solid investment choice. With a leasehold tenure and factor fees of £670 semi-annually, this property is a landlord's dream, offering an excellent rental yield and minimal vacancy rates. With the potential for long-term capital growth, this property is an excellent opportunity for investors to step into a world of investment excellence.