2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Garden Street, Bishop Auckland DL14
£40,000

Price History

Initial price £50,000
18/12/24 £40,000
Price Change -20.00%

Description

This vacant, recently refurbished 2-bedroom mid-terraced property in Bishop Auckland is priced to sell. Located in a popular area, it offers a great opportunity for a shrewd investor. The property was previously tenanted at £500 per month, generating an annual gross income of £6,000, or a gross yield of 15% if achieved at the guide price. The property is in walk-in condition and features a new boiler, kitchen, and bathroom, making it a great investment opportunity. It's situated close to local amenities such as gyms, parks, and cafes, making it an attractive option for potential tenants.