Summary - 17 LYNNDALE WOLSINGHAM BISHOP AUCKLAND DL13 3JA
3 bed 2 bath Semi-Detached
Compact three-bedroom buy-to-let with steady income and low maintenance appeal.
Long-term tenant in situ, no vacant possession
This three-bedroom semi-detached freehold in Wolsingham is presented as a straightforward buy-to-let with a reliable, long-term tenant already in place. The property is modern and well kept, with a utility room, off-street parking and both front and rear garden space. At 734 sq ft the home is compact but functional, suited to rental demand in the area.
Financially the property currently produces a gross rental income of £8,400 per year (about 7.3% gross yield at the asking price of £115,000). There is scope to increase income to approximately £9,000 per year (around 7.8% gross yield) to reflect market rates, which may appeal to investors seeking immediate cashflow.
Important considerations: the property is sold with tenants in situ who have indicated they intend to remain, so it is not vacant possession. A Buyers Premium will apply as part of the sale process. Broadband speeds are average and the house is small in overall size, which may limit appeal for larger households but suits the local rental market.
Situated in a small-town fringe location with easy access to local amenities and good mobile signal, this property offers low maintenance, steady rental returns and straightforward management for an investor comfortable with sitting tenants.
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