**Key Features:**
- 3-bedroom, 2-bathroom Victorian terraced house
- Currently occupied by reliable tenants
- Annual gross rental income of £6,300
- Freehold tenure with potential for long-term investment
- Prime location with easy access to local amenities
- Average-sized plot (904 sq ft)
- Local schools rated 'Good' by Ofsted
Nestled in Bishop Auckland's urban landscape, this well-maintained 3-bedroom Victorian terraced house presents an excellent buy-to-let opportunity for serious investors or developers. Currently yielding a gross annual income of £6,300, the property is tenanted with residents who wish to remain, ensuring an immediate return on investment.
With easy access to local amenities such as schools, shops, and recreational spaces, this property caters not only to investors but also to families seeking a community-oriented location. The classic red brick exterior showcases its historic charm, while the average room sizes provide a cozy living environment.
Investors will appreciate the freehold status and the potential for renovations or enhancements in the future. Although the surrounding area has a higher crime rate and is classified as deprived, the strong rental demand and established tenant presence mitigate potential risks. Don’t miss this chance to secure a promising addition to your property portfolio!
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