Summary - 26 New Row DL14 8UU
2 bed 1 bath Terraced
Low-cost freehold terrace with immediate rental income and renovation upside.
Two-bedroom mid-terrace with small rear garden
Offered for sale by auction, 26 New Row is a newly refreshed two-bedroom mid-terrace on the outskirts of Bishop Auckland. Currently tenanted at £360pcm, the property is freehold and presents as a straightforward rental investment with an advertised yield around 9.6%. Recent cosmetic works include new floorings and a contemporary bathroom; the house benefits from double glazing, gas central heating and a small rear garden.
This is a compact, practical buy for an investor or landlord seeking an immediate income stream. The layout comprises lounge, kitchen/breakfast with integrated hob/oven, two bedrooms and upstairs bathroom. The area has local amenities and nearby primary and secondary schools rated Good–Outstanding, but the wider neighbourhood is classed as very deprived with higher local crime levels, which will affect tenant demand and long-term capital growth.
Important auction costs and conditions apply: a Buyer Information Pack fee (£300 inc VAT) and a Non-Refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600 inc VAT) on completion of the reservation. Broadband speeds are reported very slow and walls are traditional solid brick (insulation assumed absent), so further thermal upgrades could be needed to improve EPC or tenant comfort.
In short: a low-price, low-entry freehold terrace offering immediate rental income and scope for modest improvements. Suitable for yield-focused investors prepared to manage an asset in a challenging local market and to factor in auction fees and possible future upgrade costs.
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