Location: Bishop Auckland
A great opportunity to secure an income producing freehold property for the reasonable price of £71,000. An ideal opportunity to secure a passive monthly income of over £312 after mortgage and management costs, assuming you’re buying with 75% finance at 2.59%.
The current tenant has been living at the property for 20 years although they are not classed as a ‘sitting tenant’.
Bishop Auckland has been one of the best places for investment in the North East for us over the years. There is strong industry and investment in the town centre through The Auckland Project.
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.