Summary - 28 SHORT STREET BISHOP AUCKLAND DL14 6BN
2 bed 1 bath Terraced
Income-producing two-bed mid-terrace with tenant in place and rent-upside potential.
Freehold Victorian mid-terrace, 2 beds, 829 sq ft
Long-term tenants in situ; they do not intend to vacate
Current gross income £4,800; market rent potential ~£6,228
Close to amenities, good-rated local schools, and public transport
Living room shows damp marks and needs modernisation
Small plot size; modest room proportions throughout
Area classified as deprived with above-average crime rates
Buyer’s Premium payable to secure purchase
This two-bedroom mid-terraced Victorian house in Bishop Auckland offers a straightforward buy-to-let opportunity with a long-term tenant in situ. The property is freehold, of average overall size (829 sq ft), and currently produces a gross annual income of £4,800 with clear scope to increase to approximately £6,228 at market rent.
Situated close to local amenities, good-rated schools, and public transport, the home suits investors seeking an immediately income-producing asset in an urban, blue-collar terrace location. The building presents traditional red-brick character and double-glazed windows, reducing immediate exterior maintenance needs.
Internally the property is habitable but dated. The living room shows wear, damp marks and requires modernisation; other rooms are modest in size and will suit tenants looking for affordable urban housing. Buyers should factor refurbishment costs to boost rental value and appeal.
Important practical notes: tenants currently occupy the property and do not intend to vacate, so the purchase is for a let property; a Buyer’s Premium applies to secure the sale. The area is classified as deprived with above-average crime rates, which affects rental risk and management considerations.
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