Two-bedroom terraced property in Bishop Auckland

This two-bedroom terraced property is located on Wesley Street, in the Coundon Grange area of Bishop Auckland. The property is being sold with vacant possession, offering an excellent opportunity for investors looking to add to their rental portfolio or buyers seeking a residential property. The property features a potential market rent of £495 PCM, generating an estimated annual rental income of £5,940, with an indicative gross yield of 16.1% based on the purchase price and fees. The open market value is £55,000. Located in an established residential area close to local amenities, services, and transport links, the property is offered for sale via unconditional online auction with completion required within 28 days. Council tax band A.