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Alderson Street, Bishop Auckland, County Durham, DL14

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

4

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Long-Term Guaranteed Rent: With a fixed monthly rental income of £1,000, this property offers a dependable cash flow for the next 4 years.
  • Hassle-Free Management: Thanks to the Mears contract, all property management, maintenance, and tenant arrangements are professionally handled, offering you a truly hands-off investment.
  • High-Yield Potential: Benefit from the consistent demand for HMOs in the area while enjoying reliable returns without the typical landlord stress.
  • Prime Location: Situated in a thriving area, this property is well-connected to local amenities, transport links, and key employment hubs, ensuring long-term market appeal.

Description

Prime Investment Opportunity - 4-Bedroom HMO with Secure Long-Term Mears Contract
13 Alderson Street, Bishop Auckland, DL14 6HR

Step into a hassle-free investment with this fantastic 4-bedroom HMO, located in the heart of Bishop Auckland. Perfectly suited for savvy investors, this property is already income-generating and comes with the added security of a 4-year Mears contract, ensuring stability and peace of mind.

Key Features:
Long-Term Guaranteed Rent: With a fixed monthly rental income of £1,000, this property offers a dependable cash flow for the next 4 years.
Hassle-Free Management: Thanks to the Mears contract, all property management, maintenance, and tenant arrangements are professionally handled, offering you a truly hands-off investment.
High-Yield Potential: Benefit from the consistent demand for HMOs in the area while enjoying reliable returns without the typical landlord stress.
Prime Location: Situated in a thriving area, this property is well-connected to local amenities, transport links, and key employment hubs, ensuring long-term market appeal.
Whether you're a seasoned investor or just starting your portfolio, this turnkey property provides a rare opportunity to secure guaranteed income with zero hassle. With everything taken care of, you can focus on growing your investment portfolio while enjoying the stability this property offers.

Don't miss out! This is the ultimate set-and-forget investment in a growing market. Contact us today to secure this property and start reaping the rewards of a stress-free, high-yielding HMO.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Alderson Street, Bishop Auckland, County Durham, DL14

Approximate location

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Recently sold & under offer
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About Sell Your Tenanted Property, Rutherglen

Suite 4, Aspire Business Centre, Farmeloan Road, Rutherglen, Glasgow, G73 1DL

At SellYourTenantedProperty.com, we are dedicated to creating seamless transitions in the investment property market. Our speciality lies in facilitating the sale of properties that are

currently occupied by tenants, directly to interested landlords.

This unique focus allows both sellers and buyers to enjoy the benefits of a transaction that respects the continuity of tenancy, ensuring that investment properties continue

generating income without interruption. With a deep understanding of the intricacies involved in tenanted real estate, we provide expert guidance through the entire sales

process, from valuation to closing. Whether you're looking to expand your portfolio with income-producing properties or aiming to sell your tenanted asset, SellYourTenantedProperty.com is your trusted partner in achieving your real estate investment goals.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,335
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference SAMROBINSONPROPERTY. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sell Your Tenanted Property, Rutherglen. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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