Listed by Holbrook and Co Estate Agents – Investment Opportunity: Well-Presented 2-Bedroom Home in Coronation with Tenant in Situ
Located in the peaceful hamlet of Coronation, just 2 miles from Bishop Auckland town centre, this well-presented two-bedroom mid-terrace property offers a fantastic investment opportunity in a semi-rural setting. Bishop Auckland provides a full range of amenities, schools, and excellent transport links, making the location both convenient and desirable.
The property is to be sold with a tenant in situ, currently paying £400 per calendar month, offering an immediate rental income for any prospective landlord.
Internally, the property offers spacious and well-maintained accommodation, comprising a welcoming entrance hallway, a comfortable lounge, a separate dining room, and a modern fitted kitchen with integrated appliances. To the first floor are two generously sized double bedrooms and a contemporary family bathroom.
Further benefits include gas central heating, UPVC double glazing throughout, and a low-maintenance rear yard with useful brick-built storage.
This is a great opportunity for investors looking to expand their portfolio with a property already generating rental income. Early viewing is recommended.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Holbrook & Co - Seaham. 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 Holbrook & Co - Seaham for full details and further information.