Woodlands Road, Bishop Auckland, DL14

2 bedroom Terraced House in Bishop Auckland

For Sale
Offers Over £66,000
Current Yield 7.1 %
Potential Yield 7.9 %
Property Reference: 214580484
  • Terraced House
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 79 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

A spacious and well-kept 2-bedroom Mid-Terraced house located in Bishop Auckland. There are various valuable amenities within walking distance of the property and it can generate rewarding rental returns.

For investors looking for a reliable, long-term investment, this is a brilliant opportunity!

The home is in great condition and features 2 bedrooms, a lounge, a bathroom, and a kitchen.

Investment details

It currently produces an annual gross income of £5,700 which could be increased by the new owner to a market rate of £6,348 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

For greater details on this property's investment potential, please see the Let Property Pack linked below.

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 the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process and allowing for maximum commitment to the sale from both parties, 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: 214580484

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £475
  • Potential Rent pcm: £529
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Employment
Property Reference: 214580484
Property Reference: 214580484

Property Location

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Request DetailsWoodlands Road, Bishop Auckland, DL14

Offers Over £66,000

Make an offer
Woodlands Road, Bishop Auckland, DL14

Listing Price

Offers Over £66,000

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.