Block of 4 apartments with freehold
Refurbishment required
- Small residential block (works required)
- Agreed cash price £129,000
- Refurbishment estimated at £25,000
- Combined potential rent £1,520 pcm/ £18,480 pa
- Potential rental yield after works circa 12% pa
- Managing agent in place to help with the works
- Regeneration area/ hold for capital appreciation
- Bishop Auckland town centre/ strong tenant demand
- Freehold block