Summary -
16a Front Street,Wolsingham,BISHOP AUCKLAND,DL13 3DD
DL13 3DD
2 bed 1 bath Flat
Income-ready flat with reliable tenancy and rental uplift potential.
- Two bedrooms, lounge, kitchen, three-piece bathroom
- Compact footprint: approximately 481 sq ft
- Leasehold tenure — buyer to review terms
- Currently let; stable tenants intend to remain
- Annual gross income £6,900; uplift potential to £7,200
- Small rear garden; low-maintenance outdoor space
- Traditional stone terrace in village centre location
- Buyers Premium applies to complete sale
A compact two-bedroom leasehold flat on Front Street, Wolsingham, presented in modern, well-kept condition and ready for continued rental occupation. The layout includes a spacious lounge, separate kitchen and a three-piece bathroom; the property benefits from double glazing, neutral décor and a small rear garden. At 481 sq ft this is a small property suited to investors or anyone seeking low-maintenance village living.
Currently let and producing a gross annual income of £6,900, the tenancy is stable with occupants intending to remain. There is clear scope to increase rent to around £7,200 to reflect market levels, improving yield for a buyer. The building’s traditional stone terrace frontage sits in a pleasant small-town setting with easy access to local amenities and good mobile signal.
Important considerations: the property is leasehold and compact, so space and tenure costs should be factored into purchase calculations. A buyer’s premium will apply to secure the sale. Broadband speeds are average and the flat is best suited to investors seeking an income-producing asset or purchasers wanting modest, village-centre accommodation rather than more generous living space.
For investors this is a low-risk, straightforward let with limited immediate maintenance reported and predictable rental uplift potential. For owner-occupiers seeking more space or freehold tenure, the flat’s size and leasehold status are material drawbacks.
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