Summary - 71 WOODLANDS ROAD BISHOP AUCKLAND DL14 7LY
2 bed 1 bath Terraced
Reliable rental income with scope to increase returns for investors.
Long-term tenant in situ with consistent payment history
Current gross income £5,700; potential market rent £6,348
Freehold Victorian mid-terrace, circa 850 sq ft
Well-maintained condition but compact rooms and small plot
Area classified as deprived with very high local crime rates
No flood risk; excellent mobile signal and fast broadband
Short walk to shops, schools and local amenities
Buyers Premium applies—factor into acquisition costs
This two-bedroom mid-terrace on Woodlands Road presents a straightforward buy-to-let opportunity with a long-term tenant in place. The Victorian brick exterior and period features give the property character, while the current condition is described as well maintained and ready for continued rental occupation.
Currently generating a gross annual income of £5,700, the rent could be increased to an estimated £6,348 to reflect market rates. The property is freehold, totals about 850 sq ft, and offers easy walking access to local shops, schools and other amenities — useful for steady tenant demand.
Important investor considerations: the area is classified as deprived with very high local crime rates, and the plot is small with compact interior rooms. These local factors may affect tenant turnover, insurance costs and long-term capital growth. The current tenants intend to stay, which supports immediate rental income but limits vacant possession options.
A buyer should review the Let Property Pack and tenancy paperwork, and budget for standard maintenance or targeted improvements to increase rental yield. A Buyers Premium applies to the sale; take this into account when calculating net return and acquisition costs.
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