Summary - 53 SURTEES STREET BISHOP AUCKLAND DL14 7DJ
2 bed 1 bath Terraced
Ready-rented two-bedroom terraced with immediate income and portfolio potential.
Long-term tenant in situ, currently producing £6,300 pa
Freehold terraced house at a low entry price of £70,000
Approx 1,044 sq ft living space; two bedrooms and one bathroom
Cash purchase only; Buyers Premium applies on sale completion
No visible garden; small plot and street-front property only
Area classed as very deprived; average local crime levels
Easy access to amenities and several 'Good' local schools
Buyer should consult Let Property Pack and tenancy paperwork
This two-bedroom mid-terraced property on Surtees Street offers an immediate income stream: the current tenancy generates £6,300 pa and the tenant intends to remain. The house is offered freehold at a low entry price of £70,000, making it a straightforward purchase for investors seeking an income-producing addition to a portfolio.
The property is well maintained internally with conventional mid-20th-century fittings, a lounge, kitchen and single bathroom across approximately 1,044 sq ft. Its city/major town setting provides easy access to local amenities and several nearby schools rated Good, supporting stable rental demand in the area.
Buyers should note this is a cash-only sale, a Buyers Premium will apply on completion, and the sale is marketed with the tenancy in situ. The area is classified as very deprived, and local crime levels are average — factors that can affect capital growth and tenant mix. Prospective purchasers should review the Let Property Pack and tenancy documents carefully before proceeding.
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