2 Bedroom Terraced for sale in Bishop Auckland, DL14
Heslop Street, Close House, Bishop Auckland, DL14£42,000
Agent details
This property is listed with:
Full Details for 2 Bedroom Terraced for sale in Bishop Auckland, DL14 :
Two bedroom mid terrace house offered for sale ideally suited to the investor. The property benefits from UPVC double glazing throughout and gas central heating via combi boiler. Briefly comprises: entrance hall, lounge, diner with staircase to the first floor, kitchen, with door to external yard. To the first floor, there are two bedrooms and family bathroom. The property has recently undergone refurbishment and is clean and presentable throughout.
Rental Return = £360 pcm
Professional management 10% = £36 pcm
Deposit 20% = £9,000
Loan 80% LTV with 4% Int Rate = £120 pcm
Positive Cash Flow = £204.00pcm
Return on Capital Invested = 32%
Return for Cash Purchase = 9.6 %
Figures are for illustration purposes only, use calculator on desktop version for personal illustration
Local area: An excellent time to purchase an Investment property in County Durham
2 Miles from Close House - Bishop Auckland
Launched in July 2016, The £35m Eleven Arches project features 'Kynren - an Epic tale of England' set in the grounds of Auckland Castle, Bishop Auckland. Hailed as a must see attraction, will attract up to 800,000 visitors a year. The £60 Million project to renovate Auckland Castle & Bishop Auckland Market Place is also well underway.Copy & paste this link into your browser for details: www.thisisdurham.com/kynren.
3 Miles from Close House - Newton Aycliffe
An £82m Hitachi train factory has officially opened in September 2015. The Hitachi plant will employ 730 workers assembling high-speed Intercity trains for the East Coast and Great Western main lines. The 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:
1930
Type of property:
Mid terrace
Structure:
Brick
Roof:
Tile
Tenure:
Freehold
External:
Rear yard
Approx rebuild cost:
£140k for insurance purposes
Fees apply
Rental Return = £360 pcm
Professional management 10% = £36 pcm
Deposit 20% = £9,000
Loan 80% LTV with 4% Int Rate = £120 pcm
Positive Cash Flow = £204.00pcm
Return on Capital Invested = 32%
Return for Cash Purchase = 9.6 %
Figures are for illustration purposes only, use calculator on desktop version for personal illustration
Local area: An excellent time to purchase an Investment property in County Durham
2 Miles from Close House - Bishop Auckland
Launched in July 2016, The £35m Eleven Arches project features 'Kynren - an Epic tale of England' set in the grounds of Auckland Castle, Bishop Auckland. Hailed as a must see attraction, will attract up to 800,000 visitors a year. The £60 Million project to renovate Auckland Castle & Bishop Auckland Market Place is also well underway.Copy & paste this link into your browser for details: www.thisisdurham.com/kynren.
3 Miles from Close House - Newton Aycliffe
An £82m Hitachi train factory has officially opened in September 2015. The Hitachi plant will employ 730 workers assembling high-speed Intercity trains for the East Coast and Great Western main lines. The 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:
1930
Type of property:
Mid terrace
Structure:
Brick
Roof:
Tile
Tenure:
Freehold
External:
Rear yard
Approx rebuild cost:
£140k for insurance purposes
Fees apply
Static Map
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House Prices for houses sold in DL14 8RU
Stations Nearby
- Bishop Auckland
- 1.6 miles
- Shildon
- 1.4 miles
- Newton Aycliffe
- 3.1 miles
Schools Nearby
- The Grange Learning Centre
- 5.1 miles
- Broom Cottages
- 4.7 miles
- Pear Tree School
- 3.5 miles
- Thornhill Primary School
- 0.9 miles
- St John's Church of England Aided Primary School, Shildon
- 1.0 mile
- Prince Bishops Community Primary School
- 0.4 miles
- Sunnydale Community College for Maths and Computing
- 0.9 miles
- King James I Academy
- 1.4 miles
- Bishop Barrington School
- 1.9 miles
