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Total views:  2500+

4 bedroom terraced house for sale

Newgate Street, Bishop Auckland, County Durham, DL14
Auction
Sold STC
Terraced house
4 beds
3 baths
624
EPC rating: E
Added > 14 days

Key information

TenureFreehold
Council taxBand TBC
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Excellent investment opportunity
  • Being sold via auction
  • Excellent local amenities
  • Reservation fee applies
  • High street location
  • EPC RATING TO FOLLOW

*EXCELLENT INVESTMENT OPPORTUNITY BEING SOLD VIA AUCTION* *SHOP WITH GROUND FLOOR FLAT ALONG WITH UPSTAIRS FLAT PLUS 2 INDIVIDUAL ROOMS UPSATIRS (ONE LET & ONE AVAILABLE) WITH COMMUNAL KITCHEN AND SHOWER ROOM* *RESERVATION FEE APPLIES* An exciting investment opportunity located on Newgate Street in the heart of Bishop Auckland. This property comprises a ground-floor commercial unit along with two residential flats and two individual rooms with communal kitchen and shower room. The shop is currently let, as is one of the rooms, generating a combined rental income of £825 per calendar month. With three additional rental opportunities available, the potential full occupancy income is approximately £2,025pcm, offering an excellent return on investment. Perfect for investors looking to expand their portfolio, this property enjoys a prime town centre location with strong rental demand. Early viewing is highly recommended to fully appreciate the potential on offer! To the ground floor there is the shop front which has access to its own bathroom, there is then a self-contained ground floor flat plus additional toilet to the rear whilst to the first floor there is a room with En Suite plus 2 further rooms along with communal Kitchen and Shower Room. Externally there is a yard area plus parking.

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Area statistics

Crime score
High crime
10/10
Home prices (average)
4 bedroom terraced houses
£286,069

About this agent

Dowen - Bishop Auckland
Dowen - Bishop Auckland
125 Newgate Street Bishop Auckland DL14 7EN
01388 236011
Full profileProperty listings
We are about great customer focused service delivered by a team of people who are passionate about what they doDowen Estate Agents was founded in 1982 by Managing Director Denis Dowen He is still involved in the day to day running of the business Over the years the firm has continued to evolve and now has 8 branches along with 3 bespoke Auction Stores offering coverage of mid North East England from the coast to the A1 corridor Dowen is a full service estate agency offering a wide range of property related services The residential sales department has sold tens of thousands of properties over the years in all price ranges Dowen was a founding member of The Great North Property Auction which has exceeded 2000 sales since inception in 2012 The lettings department has hundreds of homes under management Private surveys and EPC's are provided to both corporate and private clients via a very busy professional survey department Conveyancing at competitive rates is offered via a panel of local solicitors Mortgages can be arranged via our panel of independent mortgage brokers We subscribe to the National Associations of Estate Agents, the Royal Institute of Chartered Surveyors and the Ombudsman For Estate Agents and as such abide by the strict code of good estate agency practice laid down by these organisations
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