4. 2 Bedroom Detached for sale in Shildon, DL4

2 Bedroom Detached for sale in Shildon, DL4

Auckland Terrace, Shildon, DL4

£65,000

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  REQUEST DETAILS

Agent details

This property is listed with:
Martin Bage Ltd
40 Church Street, Shildon
Telephone:
01388 776000

More properties from this Agent

 
Overview ›

Full Details for 2 Bedroom Detached for sale in Shildon, DL4 :

**Ideal Investment Opportunity- Rent achievable £450 pcm** Rare to the market, Beautifully presented Large Two Bedroom House. 120ft rear Garden & with off street parking & Garage to the rear of the property. Benefitting from double glazing throughout & GCH via Combi boiler. Briefly comprises open plan lounge with staircase to the first floor, modern fitted kitchen, small garden room with access to rear garden, family bathroom. To the first floor two double bedrooms with fitted wardrobes. Viewing is highly recommended to appreciate the standard of accommodation on offer.

Rental Return = £433 pcm

Professional management 10% = £43.30 pcm

Deposit 20% = £13,000

Loan 80% LTV with 4% Int Rate = £173 pcm

Positive cash flow = £259.67 pcm

Return on Capital Invested 24%

Return for Cash Purchase = 8%


Figures are for illustration purposes only, please contact a financial adviser who can give you personalised projections

Local Area: An excellent time to purchase a Below Market Value property in County Durham

2 Miles from Shildon- Bishop Auckland
Launched in July 2016, The Eleven Arches project features \‘Kynren - an Epic tale of England\‘ set in the grounds of Auckland Castle. This open air show will boast a 500 strong cast & has been hailed as a worldwide \‘must see attraction for 2016\‘. The project aims to attract up to 800,000 tourist visitors per year. Bishop Auckland Market Place & Auckland Castle are also undergoing a massive £60 Million renovation, making Bishop Auckland an exciting place to be investing right now.Search thisisdurham/kynren for details.

2 Miles from Shildon - Newton Aycliffe
In September 2015 an £82m Hitachi train factory has officially opened. The Hitachi plant will employ 730 workers assembling high-speed Intercity trains for the East Coast and Great Western main lines. Then Prime Minister David Cameron said it was a \"show of confidence\" in the region. \"This is Hitachi\‘s first factory in Europe and their massive investment is a sign of their commitment to the United Kingdom and a real show of confidence in our economy and of confidence in the North East,\"

Approx Year Built: 1920

Type of Property: Mid Terrace

Structure: Brick

Roof: Tile

Tenure: Freehold

External: 120ft Garden, off Street parking, Garage

Approx rebuild cost: £130k (for insurance purposes)

ROOM DETAILS:

Lounge - 16\‘ 8\‘\‘ x 14\‘ 2\‘\‘ (5.08m x 4.31m)
With double glazed bay window

Kitchen - 10\‘ 5\‘\‘ x 10\‘ 4\‘\‘ (3.17m x 3.15m)

Bathroom

Bedroom One - 10\‘ 6\‘\‘ x 10\‘ 6\‘\‘ (3.20m x 3.20m)
With fitted wardrobes

Bedroom Two - 15\‘ 3\‘\‘ x 9\‘ 6\‘\‘ (4.64m x 2.89m)
With fitted wardrobes

Small Garden Room
With access to rear garden

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House Prices for houses sold in DL4 1AZ

Stations Nearby

Newton Aycliffe
3.1 miles
Bishop Auckland
1.7 miles
Shildon
1.0 mile

Schools Nearby

Pear Tree School
2.6 miles
The Grange Learning Centre
5.8 miles
Broom Cottages
5.6 miles
Timothy Hackworth Primary School
0.7 miles
St John's Church of England Aided Primary School, Shildon
0.7 miles
Thornhill Primary School
0.2 miles
Sunnydale Community College for Maths and Computing
0.7 miles
King James I Academy
1.7 miles
Bishop Barrington School
1.8 miles