Summary - 33 COCKTON HILL ROAD BISHOP AUCKLAND DL14 6HS
3 bed 1 bath Commercial Property
**Standout Features:**
- Commercial unit with current tenant, generating steady rental income
- Attractive city center location in Bishop Auckland
- Potential for increased rental income from £7,800 to an estimated £12,000 annually
- Includes a kitchen and bathroom facilities
- Space for business operations with good natural light
- Freehold property
**Concerns:**
- Located in a deprived area with above-average crime rates
- Requires renovation and maintenance to meet modern standards
This Victorian commercial property in the heart of Bishop Auckland presents an excellent buy-to-let investment opportunity, offering both current rental income and considerable potential for growth. The well-positioned unit comes with a spacious central area designed for business operations, complemented by a kitchen and bathroom—providing essential amenities for any enterprise.
Currently yielding £7,800 per annum, there's room for substantial rental increases to a market rate of approximately £12,000, making this property a valuable addition to any investor's portfolio. While the surrounding neighborhood is classified as deprived and has higher crime rates, the location benefits from easy access to local amenities, ensuring strong demand.
Consider this property as your next investment venture—secure a steady income stream while unlocking the potential for renovations or rebranding to elevate your new business space. Don’t miss out on this lucrative chance; opportunities like this don’t last long!
2 bedroom terraced house for sale in James Street, Bishop Auckland, DL14 — £72,500 • 2 bed • 1 bath • 840 ft²
2 bedroom terraced house for sale in Blackett Street, Bishop Auckland, DL14 — £57,000 • 2 bed • 1 bath • 775 ft²
2 bedroom terraced house for sale in Short Street, Bishop Auckland, DL14 — £65,000 • 2 bed • 1 bath • 829 ft²
2 bedroom terraced house for sale in Front Street, Wolsingham, DL13 — £120,000 • 2 bed • 1 bath • 1141 ft²
2 bedroom flat for sale in North Bondgate, Bishop Auckland, DL14 — £125,000 • 2 bed • 1 bath • 603 ft²
3 bedroom terraced house for sale in Rosemount Road, Bishop Auckland, DL14 — £85,000 • 3 bed • 1 bath • 1119 ft²
