Summary - 71 SURTEES STREET BISHOP AUCKLAND DL14 7DJ
2 bed 1 bath Terraced
Turnkey rental with immediate income and central town convenience.
["Tenant in situ paying £500pcm — immediate income and 9.2% gross yield","Freehold mid-terrace with period Victorian brickwork and tall ceilings","Two double bedrooms, living and dining rooms, compact footprint","UPVC double glazing and mains gas boiler with radiators","Enclosed rear yard with metal gate for secure storage","Solid brick walls assumed uninsulated — likely need for insulation works","Located in a selective licensing area; landlord obligations possible","Small plot in a very deprived area — consider management and demand"]
A compact Victorian mid-terrace offering straightforward rental income and period character in Bishop Auckland. The house is let at £500 pcm, which equates to a circa 9.2% gross yield at the asking price — a clear draw for an investor seeking immediate return.
The property offers two double bedrooms, a living and dining room, U-shaped kitchen and a bathroom. It has UPVC double glazing and mains gas boiler with radiators, plus an enclosed yard for secure bike or bin storage. The mid-terrace form and tall ceilings give character but rooms are generally small to medium in scale.
Buyers should note practical downsides: the walls are original solid brick with no known insulation, so upgrading thermal performance may be needed. The home sits in a very deprived area and is in a selective licensing area; purchasers should factor potential management obligations and local demand into costs.
For investors this is a straightforward, let property with fast broadband and excellent mobile signal, short walk to Bishop Auckland town centre and local amenities. A chartered survey and legal checks are advised before purchase to confirm building condition and any landlord responsibilities.
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