Property Listings (Bishop Auckland)

£25,000/ 1-Bedroom Apartment with a Stunning Balcony in the Heart of Bishop Auckland / 15.4% Yield!

You’ll love this apartment’s balcony which overlooks the peaceful town centre of Bishop Auckland. It’s well suited for single tenants or young couples who want to live in the heart of Bishop Auckland which is just a short walk from the town centre, train station and local schools. The address is 36 General Bucher Court, Bishop Auckland DL 14 6EY.

Property Description

  1. One-bedroom apartment in a low-rise building 
  2. Leasehold (circa 119 years remaining)
  3. Ground rent: 200 pa
  4. Service charge: circa 500 pa
  5. Original sold price: £41,000
  6. Balcony
  7. Electrical heating
  8. Double glazed 
  9. EPC: E (2012)
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This modern low-rise building can be rented for as low as £325 per month (at a 15.6% yield). The building sells for a low price of £25,000! The vendor wants to sell this property quickly, so make sure you don’t miss out on this incredible opportunity!

Financial Breakdown

Cash Purchase

PLP Price = £25,000

Estimated Monthly Rent (pcm) = £320-£325 pcm

Rental Yield = 15.4%

Reduced Finder’s Fee (inc VAT) = £2,400 (you save £1,200)

Make this lovely property your own by paying a £1,000 reservation fee and a non-refundable finder’s fee to secure this listing. Call Kanti Walden to reserve this fantastic apartment!

FAQs

What is Bucher Court Bishop Auckland Investment Property?

Bucher Court Bishop Auckland Investment Property is a real estate investment opportunity in the town of Bishop Auckland in County Durham, England. 

It is a residential property development comprising a group of high-quality apartments and townhouses.

What are the benefits of investing in Bucher Court Bishop Auckland?

Investing in Bucher Court Bishop Auckland can provide many benefits, including the potential for high rental income, capital growth and tax benefits. 

It is also in an area with growing demand for rental properties, with the potential for high returns on investment.

What is the expected rental yield for Bucher Court Bishop Auckland?

The expected rental yield for Bucher Court Bishop Auckland can vary depending on several factors, including location, demand and property size. 

It is best to consult our real estate professional for more specific information on the expected rental yield.

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