Property description

We offer to the market this Well presented Two Bedroom terraced property with loft conversion. Good size house in a popular location of Shildon, close to local amenities, schools and bus routes. Immaculately presented, fully redecorated and new carpets throughout! Must be viewed!!

Rental Return = £350 pcm

Professional management 10% = £35.00 pcm

Deposit 20% = £7,000

Return for Cash Purchase = 12%

Local area: An excellent time to purchase a Below Market Value property in County Durham
Launching in July 2016, The Eleven Arches project which will feature \‘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. In Newton Aycliffe, an £82m Hitachi train factory has been 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 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:
Terrace

Structure:
Brick

Roof:
Tile

Tenure:
Freehold

External:
Rear Yard

Approx rebuild cost:
£140k for insurance purposes

Property Features :

• 2 Bedrooms
• Loft Conversion
• Close to Town Centre
• Recently refurbished
• Energy Rating D