Surtees Street, Bishop Auckland DL14 2 bed terraced house for sale

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Surtees Street, Bishop Auckland DL14 2 bed terraced house for sale

Surtees Street, Bishop Auckland, DL14
£64,000

Price History

Initial price £70,000
16/03/25 £68,000
22/03/25 £66,000
28/03/25 £64,000
05/04/25 £68,000
11/04/25 £66,000
16/04/25 £64,000
Price Change -8.57%

Description

This 2-bedroom mid-terraced house in Bishop Auckland is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently tenanted and produces an annual gross income of £6,300, which could be increased to a market rate of £6,336 with long-term tenants already in place. The well-kept home features two bedrooms, a bathroom, a lounge, and a kitchen, and is located near valuable amenities. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. With a potential annual yield of 4.5%, this property is a worthwhile addition to any investor's portfolio, and Let Property Sales is committed to facilitating a smooth transaction process.