Summary - 9 JAMES STREET BISHOP AUCKLAND DL14 6HL
2 bed 1 bath Terraced
Steady income and above-average gross yields for serious landlords.
Long-term paying tenants in place, stable rental income
A straightforward buy-to-let with long-term, reliable tenants already in situ. The property is a two-bedroom Victorian end-terrace in generally good condition, producing immediate rental income and requiring only routine maintenance rather than full refurbishment.
Current gross income is £5,700 per year (approx. 8.0% gross yield on the £71,000 price). Market rent shown could rise to around £6,084 annually (approx. 8.6% gross yield), improving returns for a new owner. The sale is freehold and includes a Let Property Pack with tenancy details.
Practical downsides are clear and important: the house sits in a deprived area with above-average local crime rates, the plot is small, and some internal areas are dated and would benefit from modernization to lift long-term value. The existing tenants say they intend to remain, so immediate vacant possession should not be expected. A buyer’s premium applies to secure the purchase.
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