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Two-Bedroom Terraced Property in Bishop Auckland

Bishop Auckland, DL14 - Get Access

2 bed 1 bath

Description

A two-bedroom terraced property offered for sale with vacant possession, providing an opportunity for investors seeking a buy-to-let investment. The property has a potential market rental income of approximately £550 per calendar month (£6,600 per annum). Based on the estimated market rent and the all-in purchase price, including fees, the predicted gross rental yield is approximately 30%. Located in Bishop Auckland, this property is situated close to local amenities, essential services, and transport links, providing convenient access to the surrounding areas of the North East.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area: 990 sq ft (EPC)

This traditional two-bedroom terraced home in Bishop Auckland was assessed using direct evidence from the immediate street. The property's 990 sq ft interior was benchmarked against recent local terraced house sales on Beaumont Street. Condition factors, specifically the incomplete kitchen and necessary wall repairs, were factored in using the midpoint of estimated refurbishment costs.

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