2 bed terraced house for sale

Edward Street, Eldon Lane DL14

Investment Opportunity | Two-Bedroom Freehold Terrace | Buy-to-Let Potential

Century Three is pleased to present this two-bedroom freehold terraced property in Eldon Lane, Bishop Auckland, offering an attractive opportunity for investors seeking a low-entry buy-to-let investment with strong potential rental returns.

The property is available at £48,995, providing an accessible entry point into the North East rental market. The estimated current open market value is stated at approximately £50,000–£60,000 making this a bmv, with further potential for value uplift depending on the property's condition and any improvement works undertaken.

Rental potential is estimated at approximately £475–£525 per calendar month. At £500 pcm, this would provide annual gross rental income of £6,000, while the upper estimate of £525 pcm would provide £6,300 per annum.

The property offers investors the opportunity to acquire a traditional two-bedroom rental property with a relatively low capital requirement, freehold tenure and the potential to achieve a double-digit gross rental yield, subject to the final purchase structure and achievable market rent.

Key Features: Two-bedroom terraced property | Freehold | £48,995 purchase price | Estimated market value £50,000–£60,000 | Estimated rent £475–£525 pcm | Low capital entry point | Potential double-digit gross yield | Scope for value uplift | Buy-to-let investment opportunity