This market town is situated equidistant between Darlington and Durham, it is steeped in history and has some lovely architecture which hints at its heritage. It has also benefitted from having signification money spent on it recently both in the town centre and out of town areas such as the Bishop Auckland Retail Shopping Park at Tindale Crescent.
House prices have seen a rise of 2.89% in the last three months (since April 2021) and rise of 13.06% since 12 months ago. In terms of property types, flats in Bishop Auckland sold for an average of £100,603 and terraced houses for £94,380.
Bishop Auckland is a great place to buy for both investment and as a home.
Another investment hotspot of the North East, Bishop Auckland is a great spot for investing in property. With the large hospital, close links to Darlington & Spennymoor which is ideal for commuters who are working for the two new Amazon sites, Bishop Auckland is a great place for blue chip applicants looking to rent properties. We have expertly managed property in Bishop Auckland since the very start of My Property Box and we know what areas are best for investing.
To find out more about our Landlords and lettings services please visit our landlords page.Landlords info
Millionaire Jonathan Ruffer continues to plough money into the town to turn it into a tourism mecca, he purchased the Auckland Castle, finishing off the castle's much needed renovation work. He's also responsible for funding ‘Kynren' the outdoor show which brings significant fame and also employment to local area.
The area is a solid spot for investment, comprising of 44% terraced property, 33% semi-detached and 17% detached houses.
Give us a call on 01642 134963 or drop us an email at email@example.com to discuss Bishop Auckland as a potential investment opportunity. Or for further details see our Investors page.Investment info