Initial price	£32,000
07/11/24	£30,000
Price Change	-6.25%

This one-bedroom flat in Bishop Auckland is a stunning investment opportunity, offering a high rental demand and prime location. The property is situated in a sought-after area with local amenities, schools, and transport links, making it an attractive market for landlords. With a cozy lounge, three-piece bathroom, and kitchen, the property has a lovely atmosphere and is currently generating a rental income of £325 per month. However, with its potential to generate an estimated £400 per month, it offers a healthy gross rental yield. As the area is undergoing regeneration and development, it is expected to see rising property values and rental income potential, making it a solid investment choice. With a leasehold tenure and factor fees of £670 semi-annually, this property is a landlord's dream, offering an excellent rental yield and minimal vacancy rates. With the potential for long-term capital growth, this property is an excellent opportunity for investors to step into a world of investment excellence.