Low-price starter property with no onward chain.
Price £55,000 — low-entry purchase or investment opportunity
Recently refurbished throughout — move-in ready condition
Two bedrooms, one bathroom — good for small households or tenants
Freehold and chain-free — straightforward purchase process
Very small plot with enclosed rear yard — limited outdoor space
Electric heating and electricity fuelled — check running costs
EPC rating pending — energy performance currently unknown
Area very deprived with very high crime — buyer due diligence essential
This recently refurbished two-bedroom end-of-terrace offers a move-in-ready option for first-time buyers or buy-to-let investors. The accommodation includes a good-sized lounge, fitted kitchen/breakfast room, two generous bedrooms and a well-appointed bathroom, plus a small enclosed yard to the rear.
Sold freehold and chain-free at an affordable price point, the property benefits from modern finishes, double glazing and electric central heating with radiators. Broadband speeds are reported as fast, and local amenities, shops and several well-rated schools are within easy reach.
Buyers should note material drawbacks: the area is classified as very deprived with very high local crime levels, the plot is very small and the EPC rating is pending. Heating runs on electricity (not gas) and the property sits in a dense urban setting, so ongoing running costs and safety considerations should be checked.
Overall, this compact terrace is best suited to a first-time purchaser wanting a low-entry purchase or an investor seeking a refurbished, low-price rental in Bishop Auckland — provided the local-area issues are acceptable.
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