Cheap Terraced House With 27% ROI

Location: Bishop Auckland, Durham

Price: £51,000

Discount: Included

This 2 bedroom end-terraced house is available for only £51,000 which makes it an ideal mortgage purchase.

The property has been let to a supported housing provider since November 2020. This provider covers the management of the property and allows you to remain completely hands off.

We estimate that you’ll be securing a NET monthly income of nearly £300 after mortgage costs.

Not bad when you consider you only need £12,750 for a deposit. Established residential area close to Bishop Auckland town centre. This has been a location where our investors have had lots of success over our 9 years in business.

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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.