Tenanted Residential Property

15, General Bucher Court, Bishop Auckland, County Durham DL14 6EY

£25,000 Opening Bid

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Type

Ownership

Occupation

Bedrooms

1

Council Tax

Band: A

Details

Property Summary


  • Prime Property Auctions New Entry. Tenanted one bedroom flat located in Bishop Auckland. Property is currently tenanted at £350 pcm.

  • *** 39 General Bucher Court, Bishop Auckland, DL 14 6EY sold for £36,500, 2 General Bucher Court, Bishop Auckland, DL 14 6EY sold for £37,500 ***

  • Leasehold. Held on a lease for 125 years from January 2014 at a current ground rent of £200 per annum

  • Fantastic Yield. Property currently provides an annual gross income of £4,200, which is a 14% yield at Guide of £30,000.

  • The property is located on the south side of Hawthorn Road. Amenities can be found along Cockton Hill Road.


 

Prime Property Auctions New Entry. Tenanted one bedroom flat located in Bishop Auckland. Property is currently tenanted at £350 pcm.

Property Comprises: Reception Room/Bedroom, Kitchen, Shower Room with W/C.

Fantastic Yield. Property currently provides an annual gross income of £4,200, which is a 14% yield at Guide of £30,000. Great Auction Property. Priced to ensure sale.

This property is sure to appeal to investors looking for a high yielding property. Property is sold with sitting tenant and would provide immediate cashflow from day one of purchase.

Tenant has been in situ since March 2022. The tenancy agreement is a assured shorthold. Details can be downloaded from the website.

Seller is open to immediate offers. Should you wish to offer you can do so by completing the online offer form on our website. To purchase now, please visit the website to make an offer.

 

Easy rentable property, offered at attractive price to ensure sale for auction.

 

Property is scheduled for our next timed online auction. In order to participate in the live auction you must have a live bidding account created.

 

 

 

 

Location:

 

The property is located on the south side of Hawthorn Road.Hawthorn Road leads to Oak Terrace, Beach Road and Acacia Road which provides access to Cockton Hill Road. Bishop Auckland station is 0.3 miles to the north. Amenities can be found along Cockton Hill Road.Northern Park is 0.8 miles to the east. Bishop Auckland Hospital is 0.2 miles to the east

 

 



Location

Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

Request more Information

Legal Pack
Tenancy Agreement
EPC and EICR

Property Features

  • Prime Property Auctions New Entry. Tenanted one bedroom flat located in Bishop Auckland. Property is currently tenanted at £350 pcm.
  • *** 39 General Bucher Court, Bishop Auckland, DL 14 6EY sold for £36,500, 2 General Bucher Court, Bishop Auckland, DL 14 6EY sold for £37,500 ***
  • Leasehold. Held on a lease for 125 years from January 2014 at a current ground rent of £200 per annum
  • Fantastic Yield. Property currently provides an annual gross income of £4,200, which is a 14% yield at Guide of £30,000.
  • The property is located on the south side of Hawthorn Road. Amenities can be found along Cockton Hill Road.

Make an Offer

15, General Bucher Court, Bishop Auckland, County Durham DL14 6EY

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By completing & submitting this form you hereby consent for Prime Property Auctions to bid on your behalf in accordance with our Terms and Conditions of Sale. If your offer is successful we will require payment of the necessary reservation deposit by bank transfer for which details and invoice will be provided upon acceptance by the seller.

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