£70,000
Est. Mortgage £320 per month*

2 bedroom terraced house for sale

Nelson Street, Bishop Auckland DL14
terraced house terraced house
bedrooms 2 bedrooms

Property description

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 £5,220 which could be increased by the new owner to a market rate of £6,000 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 is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

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First listed

Over a month ago

Nelson Street, Bishop Auckland DL14

Marketed by

Let Property - Glasgow Flat 2, 10 Victoria Circus Glasgow G12 9JY
Call agent on 0141 376 3809
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Placebuzz mortgage repayment calculator

Property price£
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Interest rate%
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Household income£
Monthly repayment
£320
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Let Property - Glasgow. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Let Property - Glasgow for full details and further information.