Summary - 14 NELSON STREET BISHOP AUCKLAND DL14 7DG
2 bed 1 bath Terraced
Long-term tenants in place with immediate rental income potential.
Freehold 2-bed mid-terraced property, 732 sq ft
This two-bedroom mid-terraced freehold in Bishop Auckland is presented as a long-term buy-to-let opportunity with established tenants in situ. The property currently produces an annual gross income of £5,220, with potential to increase to around £6,000 at market rent, offering immediate cashflow at a low purchase price of £70,000.
The house sits on a small plot close to local amenities and good primary and secondary schools, making location a practical strength. Broadband speeds are fast and mobile signal is excellent — useful for tenants and future lettings. The layout includes lounge, kitchen and bathroom across a modest 732 sq ft, suitable for straightforward rental occupation or modest updating.
Information about condition is mixed in the supplied details: parts of the description note the property is well maintained and in good condition, while other notes describe a mid-20th-century pebble-dash exterior and indicate it may need modernization. Prospective purchasers should inspect and verify condition and maintenance needs; let pack and tenancy paperwork are available for more detailed investment analysis.
Buyers should also weigh local context: the area is classified as deprived and recorded crime levels are high, factors that affect lettability and long-term capital growth. For an investor seeking immediate rental income and a low entry price, this property could fit well into a diversified portfolio, but it is better suited to buyers who accept higher local risk and who will review tenancy terms and condition before bidding.
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