Property description

Click through for full illustration of rental income, % returns etc....

Rental Return = £380 pcm

Professional management 10% = £38 pcm

Return on Cash Purchase = 14.7%

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:
Mid terrace

Structure:
Brick

Roof:
Tile

Tenure:
Freehold

External:
Enclosed yard to rear


Non refundable Reservation fee's apply @ £1000 to begin the purchase process

Property Features :

• Mid Terrace
• 2 Bedrooms
• Close to local Schools & Amenities
• Access to local Amenities
• EPC Rating G