Summary - General Bucher Court, Bishop Auckland, Durham, DL14 6EY DL14 6EY
1 bed 1 bath Apartment
Modernised one-bed with immediate rental income and auction sale terms.
Immediate income: tenant in situ paying £400pcm
A compact one-bedroom leasehold apartment offered at auction, currently let and producing immediate income of £400pcm. The flat has been recently modernised internally and presents tidy, contemporary accommodation across approximately 428 sq ft, ideal for a buy-to-let addition to a portfolio.
Practical details important to investors: 111 years remain on the lease, annual ground rent £400, and an indicative service charge of £1,000 per year. The property uses electric heating with room heaters and double glazing; there is no reported flood risk.
Location is convenient for town-centre amenities, local transport links and nearby schools, within Bishop Auckland’s more deprived but well-served urban area. Note that crime levels are above average locally and the wider area is classified as ageing industrious workers, which may affect tenant demand and rental growth.
This is a small apartment with renovation already undertaken, so major works are not evident internally; however, buyers should allow for shorter-term maintenance due to electric heating and communal building upkeep. Sale at auction means completion times and buyer responsibilities will follow auction terms.
1 bedroom apartment for sale in General Bucher Court, Bishop Auckland, Durham, DL14 6EY, DL14 — £22,000 • 1 bed • 1 bath
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