Ideal auction buy with tenant in place and strong transport links.
- Two bedrooms, one bathroom ground-floor apartment
- Sold via modern method of auction, tenant in situ
- Leasehold tenure — check lease length and charges
- Very low guide price of £20,000 — strong entry-level value
- Communal landscaped garden; no private garden upkeep
- Area classed as deprived with above-average crime rates
- Excellent mobile signal and fast broadband speeds
- Compact layout; limited living space for larger households
This ground-floor, two-bedroom apartment sits in a mid-20th century brick block and offers a low-cost entry to Bishop Auckland. Large windows and an open-plan living area create a light, usable space with modern laminate flooring and straightforward décor; the property will suit buy-to-let investors or a first-time buyer comfortable with leasehold ownership.
Sold via the modern method of auction and offered with a tenant in situ, the flat presents immediate income potential and minimal void risk. Broadband speeds and mobile signal are both strong, and the development includes landscaped communal green space that enhances curb appeal without private garden maintenance.
Important points: the property is leasehold and will be auctioned, so purchasers should check lease length, service charges and ground rent. The surrounding area is classified as deprived with above-average crime levels; nearby schools are mixed in performance. The apartment has one bathroom and is compact, so buyers seeking more space should note layout limits.
At the guide price of £20,000 this is a clear-value purchase for an investor wanting an inexpensive income-producing asset or a buyer seeking an affordable foothold in the town. Practical buyers should perform due diligence on tenancy terms, lease details and communal charges before bidding.