Summary - 14 NELSON STREET BISHOP AUCKLAND DL14 7DG
2 bed 1 bath Terraced
**Standout Features:**
- **Investment Ready:** Currently tenanted with reliable long-term tenants; annual gross income of £5,220, potential to increase to £6,000.
- **Well-Maintained:** The property is in great condition, offering a comfortable living space.
- **Convenient Location:** Close to local amenities and schools, positioned in a community with good access to services.
- **Freehold Title:** Offers ownership flexibility for future renovations or extensions.
**Concise Summary:**
This charming 2-bedroom mid-terraced house in Bishop Auckland offers a fantastic buy-to-let opportunity for serious investors and developers. The property is currently generating an annual gross income of £5,220, with potential to increase to £6,000, thanks to reliable long-term tenants effectively settled in. Well-maintained and conveniently located near essential amenities and reputable schools, this cozy home is perfect for both comfortable living and robust rental returns.
With a small footprint that ensures low maintenance costs, the house features a practical layout with a welcoming living room, a bathroom, and a modestly sized kitchen. While the location has been noted for higher crime rates, the property boasts fast broadband speeds and excellent mobile signal, making it attractive for urban dwellers. This opportunity represents not just a home, but a chance to secure a foothold in a promising rental market. Act quickly—opportunities like this don't last!
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