Property description
**Attention Investors** Excellent high yield property available in Coundon, County Durham. Located on the outskirts of Bishop Auckland this property is not to be missed. This property benefits from GCH via Combi Boiler & double glazing throughout. Briefly comprising' entrance hall with staircase to first floor, Two receptions with kitchen to the rear. To the first floor Two double bedrooms & bathroom. Externally there is an open aspect to the front & enclosed rear yard.
We at Civic Properties have the expertise in the Investment property market, & our local area to give you a seamless service when purchasing an Investment Property. Whether you're a first time buyer or a landlord wishing to expand your portfolio we have skills to help. We will source good value, high yield properties, instruct solicitors, arrange refurbishment if required by quality local tradesman, arrange landlords insurance, advertise your property, vet applicants, right through to managing your tenancies successfully. We will ensure your interests are protected. Don't delay & contact us today
Rental Return = £380 pcm
Professional management 10% = £38
Return on cash purchase: 11.7%
Refurbishment required: £2000
AN EXCELLENT TIME TO PURCHASE AN INVESTMENT PROPERTY IN COUNTY DURHAM:
1 Mile from Coundon - Bishop Auckland:
Launching in July 2016, The Eleven Arches project which will feature 'Kynren - an Epic tale of England' set in the grounds of Auckland Castle. This open air show will boast a 500 strong cast & has been hailed as a worldwide 'must see attraction for 2016'. The project aims to attract up to 800,000 tourist visitors per year. Bishop Auckland Market Place & Auckland Castle are also undergoing a massive £60 Million renovation, making Bishop Auckland an exciting place to be investing right now, whilst properties, below market value are still available.Search thisisdurham/kynren for details.
3 Miles from Coundon - Newton Aycliffe:
In September 2015 an £82m Hitachi train factory has been officially opened. 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: 1920
Type of property: Mid terrace
Structure: Brick
Roof: Tile
Tenure: Freehold
Approx rebuild cost: £130,000 for insurance purposes
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Property Features :
- Mid Terrace House
- 2 Bedrooms
- 2 Receptions
- GCH via COMBI & UPVC throughout
- Open aspect to front