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