Summary - 19 SURTEES STREET BISHOP AUCKLAND DL14 7DH
2 bed 1 bath Terraced
High-yield buy-to-let with immediate rental income and growth potential.
Long-term tenant in situ with consistent rent payments
This two-bedroom mid-terrace on Surtees Street is offered as a buy-to-let with a long-term tenant already in place, producing a current gross income of £5,040. At the asking price of £50,000 the current income equates to a gross yield of about 10.1%; achieving the advertised market rent of £6,264 would lift that to roughly 12.5%, making it a strong income-generating prospect for investors.
The property is a traditional early–20th-century terrace with standard ceiling heights, pebble-dash exterior and modest room sizes. Internally the lounge is described as spacious for the property type and there is useful storage; photos show tidy, contemporary flooring but some clutter that will need clearing. There is no significant garden and the plot is small, consistent with urban terrace stock.
Important practical points for a purchaser: the house is freehold, sits in a very deprived area (DL14) with average crime levels and excellent mobile signal and fast broadband — factors that support rental demand. The current tenants have lived at the property for several years and intend to stay, so the sale will suit a buyer wanting immediate rental income. A buyers premium will apply on purchase, and interested parties should review the Let Property Pack for full tenancy and investment details.
Overall this is a straightforward, low‑maintenance rental suitable for investors or developers seeking a high-yield, hands-off addition to a portfolio. Note the small plot and compact rooms mean it is best suited to rental use rather than purchasers seeking extensive living space or outdoor area.
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