Spencer St , Bishop Auckland , DL14 8TL - 9% Yield

£54,000.00

 

Spencer St , Bishop Auckland , DL14 8TL - 9% Yield

£54,000.00


or call: 01483 663001

Refurbished and Tenanted 2-bedroom mid terrace house. 

The property is freehold.  

The property briefly comprises of entrance hall with stairs to first floor, lounge, dining area and kitchen. 

First floor landing, 2 bedrooms and a bathroom.

The property is in a good area for rental properties and for first time buyers.

EPC -D

Rental figures

This property is currently let at £4,680 per annum which is £390 per month which gives a yield of 9%, but if a new tenant is found this property would easily let at £420 pcm, £5,040.

Refurbishment Work

The property will be refurbished to a minimum of the Durham Decent Homes Standard before you complete your purchase. 

For more examples of our completed properties please click on the following link - refurbishment-process