Summary - 53 SURTEES STREET BISHOP AUCKLAND DL14 7DJ
2 bed 1 bath Terraced
**Standout Features:**
- **Well-maintained 2-bedroom terraced house**
- **Current long-term tenant with stable rental income**
- **Annual gross income of £6,300, with potential for increase**
- **Easy access to local amenities**
- **Freehold tenure, providing ownership stability**
- **Average-sized rooms suitable for small families or first-time buyers**
**Potential Concerns:**
- Above-average crime rate in the area
- Limited outdoor space; no garden available
This charming 2-bedroom terraced house in Bishop Auckland is an ideal buy-to-let investment, currently generating steady rental income with long-term tenants who wish to stay. Well-maintained and situated near essential amenities, this property offers a seamless opportunity to earn from the day of purchase. The gross annual rental yield of £6,300 highlights its potential for gradual increases in line with market rates. With compact yet comfortable living spaces and a classic mid-20th-century design, it appeals to first-time buyers or small families, providing an affordable entry into the housing market.
While the area has an above-average crime rate and lacks outdoor spaces, these factors can be balanced by the property’s economic benefits and strong rental demand. Don’t miss this chance to invest in a property that promises both immediate returns and future appreciation in a thriving urban setting.
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