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