Two-Bedroom Mid-Terraced Property – Ideal Buy-to-Let Investment – Tenant in Situ

An excellent opportunity for investors to acquire a two-bedroom mid-terraced property in the popular residential area of Coundon, Bishop Auckland. Offered for sale with a tenant in situ, the property provides an immediate rental income and an attractive investment opportunity with the potential for a strong rental yield of approx 18% annual yield. 

The property offers well-proportioned accommodation across two floors, comprising two versatile reception rooms and a fitted kitchen to the ground floor. The two reception rooms provide flexible living and dining space, appealing to a wide range of tenants.

To the first floor are two bedrooms and a family bathroom fitted with a WC and wash basin.

Externally, the property benefits from an enclosed rear yard, providing a practical, low-maintenance outdoor space.

Location

Situated within an established residential area of Coundon, the property is conveniently positioned for a range of local shops, schools and everyday amenities. Nearby green spaces include Leeholme and Coundon Recreation Centre, while Bishop Auckland offers a wider selection of shopping, leisure facilities and transport connections, including a railway station.

Investment Opportunity

Offered for sale with a tenant in situ, this property is particularly appealing to buy-to-let investors looking to add an income-generating asset to their portfolio. With an established tenancy already in place, the property offers the benefit of rental income from completion, subject to the existing tenancy arrangements.

Early enquiries are encouraged from investors seeking an affordable addition to their rental portfolio.

Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.