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1 bedroom flat for sale
General Bucher Court, Bishop Auckland, County Durham, DL14
£32,000
General Bucher Court, Bishop Auckland, County Durham, DL14
£32,000
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, boasting a prime location with high rental demand, proximity to local amenities, schools, and transport links. The property features a cozy lounge with a garden view, three-piece bathroom, and kitchen, making it an attractive option for families and individuals seeking a quieter lifestyle. Currently tenanted and generating an income of £325 per month, the property has the potential to generate an estimated £400 per month, delivering a healthy gross rental yield. With the added advantage of long-term capital growth, this property is a solid investment choice. The leasehold property comes with a factor fee of £670 semi-annually, making it an excellent option for landlords. With minimal vacancy rates and a steady stream of income from day one, this property is a landlord's dream. Arrange a viewing today to seize this unique investment opportunity and explore the full potential of this outstanding property.