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