High-yielding house in Bishop Auckland

Below market value deal

  • 2-bed terraced house
  • Tenanted at £375 pcm/ £4,500 pa
  • Robust 11.8% pa rental yield
  • Potential to increase rent to £400 pcm/ £4,800 pa
  • Fresh décor, new carpets, new shower cubicle, damp repair
  • Located in a prime rental area in the outskirts of Bishop Auckland
  • Local managing agent in place
  • Energy-efficient building EPC of C
  • No stamp duty payable
  • Freehold