Property description

** Attention Investors- Sold with sitting Tenants **Two bedroom well presented property located in Eldon Lane, Bishop Auckland. The property benefits from Gas Central Heating via Combi Boiler & Double Glazing throughout. Briefly comprising; Entrance hall with staircase to the first floor, Lounge, Kitchen, Bathroom & access to rear yard. To the first floor Two good size Bedrooms. Excellent Investment Opportunity.

LOCAL AREA
There are a lot of exciting things happening in County Durham, which makes now an excellent time to purchase an investment property at a reduced price, with the economic boost in the local area bound to have a knock on effect on the property values thus impacting on capital growth. In Bishop Auckland work A £60m project to renovate Auckland Castle and the Market Place is well underway. Substantially funded by the philanthropist Jonathan Ruffer, a London-based investment manager, and National lottery funding it represents one of the most ambitious heritage-led regeneration projects in England in recent decades. Alongside this regeneration an open-air, £24m history and light show. The Eleven Arches project opened in July 2016 will feature open-air shows and historical re-enactments in the grounds of Auckland Castle, Bishop Auckland, which will attract 800,000 visitors a year, create jobs and boost the economy.In Newton Aycliffe an £82m train factory, 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. It has been hailed as an economic boost, with many local companies involved in the plant\‘s construction.At the opening ceremony 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,\"

LOCAL AMENITIES
Primary Schools: Prince Bishops, Thornhill, Timothy HackworthSecondary: King James Acadamy, St Johns, Sunnydale Community College College: Bishop Auckland CollegeUniversity: Durham University (ranked in the top 5 in the UK)Doctors: Bishopgate, Jubilee Medical GroupHospital: Bishop Auckland General hospitalShopping: Asda/ Morrisons, town centre with major banks- all 5 minute walk. Shopping complex: M&S, Next, TK Max- 2.4 miles

LOCATION: On main bus route to Bishop Auckland & Newton Aycliffe

APPROX YEAR BUILT - 1920
1920

TYPE OF PROPERTY- Mid Terrace

STRUCTURE- Brick

ROOF- Tile

TENURE- Freehold

EXTERNAL- Rear Yard

APPROX REBUILD COST- £150K (for insurance purposes)

EXTERNAL CONDITION- Well maintained in appearance for property age

GARAGE/OUTBUILDING- N/A

WINDOWS- UPVC double glazed throughout

ENTRANCE-UPVC Door

GCH- Via Combi boiler

ENTRANCE HALL- with staircase leading to 1st floor

LOUNGE - 14\‘ 2\‘\‘ x 12\‘ 9\‘\‘ (4.31m x 3.88m)

KITCHEN - 7\‘ 5\‘\‘ x 7\‘ 2\‘\‘ (2.26m x 2.18m)

FAMILY BATHROOM/WC - 4\‘ 10\‘\‘ x 7\‘ 2\‘\‘ (1.47m x 2.18m)

BEDROOM 1 - 16\‘ 6\‘\‘ x 7\‘ 2\‘\‘ (5.03m x 2.18m)

BEDROOM 2 - 12\‘ 8\‘\‘ x 14\‘ 1\‘\‘ (3.86m x 4.29m)

RADIATORS: Single/Double panel throughout

GENERAL COMMENTS- Well presented throughout

Property Features :

• NO CHAIN
• GCH VIA COMBI
• UPVC DOUBLE GLAZED THROUGHOUT
• ENCLOSED REAR YARD
• TWO BEDROOMS