Summary - New Row, Bishop Auckland, Durham, DL14 8UU DL14 8UU
2 bed 1 bath Terraced
Chain-free auction sale offering strong rental yield potential for cash buyers.
Freehold two-bedroom terrace with small rear garden
A compact two-bedroom terrace in Bishop Auckland offered chain-free and sold at auction — positioned for investors seeking immediate rental income or first-time buyers on a budget. The property is freehold, council tax band A and benefits from a low asking price that supports an estimated rent of £500–£600pcm, equating to a headline yield of about 12%+. The layout includes a living room, kitchen, under-stair WC, two bedrooms plus a small additional first-floor room useful as a study or storage, and a small rear garden designed for low maintenance.
Buyers should be clear about the local context: the property sits in a very deprived, high-crime area with generally slow broadband and modest mobile signal. The house is mid-20th century with small rooms and standard ceiling heights; while externally plain and low-maintenance, the interior is compact and may require cosmetic updating to maximise rental or resale value.
This is a straightforward, practical purchase for someone prioritising yield and price over location premium. The small plot and modest room sizes limit family-flexibility but reduce maintenance and running costs. Being auction-sold and chain-free accelerates completion, but buyers should allow for immediate management or light refurbishment to bring the property to market-standard for lettings.
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