Surtees Street, Bishop Auckland, DL14

2 bedroom Terraced House in Bishop Auckland

For Sale
Offers Over £70,000
Current Yield 7.8 %
Potential Yield 7.8 %
Property Reference: 214580132
  • Terraced House
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 97 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenants Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Well Maintained Property
  • Easy Access to Local Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 2-bedroom Mid-Terraced house in Bishop Auckland. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently residing there.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, a bathroom, a lounge, and a kitchen.

Investment details

It currently produces an annual gross income of £6,300 which the new owner could increase to a market rate of £6,336 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not intend to move out so they hope to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties to the sale, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Helpful Information

Council Tax Band: A
Property Reference: 214580132

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £525
  • Potential Rent pcm: £528
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Employment
Property Reference: 214580132
Property Reference: 214580132

Property Location

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Request DetailsSurtees Street, Bishop Auckland, DL14

Offers Over £70,000

Make an offer
Surtees Street, Bishop Auckland, DL14

Listing Price

Offers Over £70,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.