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36A & 36B Close House, Bishop Auckland, DL14 8RS

£68,000Freehold

222
Map

Key Information

Tenure:Freehold
Council tax band:A

Key Features

TWO SELF-CONTAINED 1 BED FLATS
For Sale with Sitting Tenants
Excellent Access to Ameneties
Viewing Highly Reccomended
ÂŁ750 PCM Rental Income
13% Gross Yield
Lettings & Management Services Available
Fully Compliant Tenancies with All Relevant Paperwork/Documents in Place

Description

Conveniently located property with two self-contained one-bed flats, generating ÂŁ750 PCM in rental income. 13% gross yield, compliant tenancies, and outdoor space. Ideal hassle-free investment opportunity with great returns. Viewing highly recommended.

Tucked away in a convenient location, this property boasts not one, but two self-contained 1-bed flats, making it a lucrative investment opportunity for those looking to add to their property portfolio. With sitting tenants already in place, you can take advantage of the immediate rental income, currently generating ÂŁ750 PCM. The exceptional 13% gross yield speaks volumes about the potential this property holds for astute investors. What's more, rest assured that the tenancies are fully compliant, with all the necessary paperwork and documents meticulously organised, saving you from any hassle down the line. For those looking for a hassle-free investment with great returns, this gem ticks all the boxes.

Outside, the property offers more than just the promise of rental income. Step into the outdoor space, and you'll find a tranquil haven that complements the urban convenience of its location. Whether it's a morning coffee al fresco or a quiet evening unwind, the outdoor area provides the perfect escape from the hustle and bustle of daily life. Ideal for those seeking a retreat within reach of urban amenities, this outdoor space adds an extra layer of appeal to the property. With such a solid investment opportunity, viewing this property is highly recommended for those looking to secure a slice of residential investment property. Call today to arrange a viewing and discover the potential that this property promises.

Living Room - 36A (First Floor) 18' 10" x 10' 8" (5.73m x 3.24m)
Window to the front aspect, radiator and carpet

Kitchen - 36A (First Floor) 8' 10" x 8' 0" (2.70m x 2.45m)
Fitted wall and base units, vinyl flooring and window.

Bathroom - 36A (First Floor)
Bath, basin and WC, vinyl flooring

Bedroom - 36A (First Floor) 13' 10" x 13' 5" (4.22m x 4.10m)
Window to front aspect, radiator and carpet.

Living Room - 36B (Ground Floor) 12' 4" x 14' 11" (3.77m x 4.55m)
Two double glazed windows to the front aspect, upvc entrance door, carpet flooring, radiator, understairs cupboard.

Hallway - 36B (Ground Floor)
Carpet flooring, meter cupboard.

Bedroom - 36B (Ground Floor) 14' 0" x 8' 10" (4.27m x 2.68m)
Window to rear, carpet, radiator.

Kitchen - 36B (Ground Floor) 9' 10" x 5' 6" (3.00m x 1.68m)
Window to side/rear, vinyl flooring, wall & base units, sink/drainer, space for cooker, space for washing machine. Leading to rear lobby with door to yard.

Bathroom - 36B (Ground Floor) 7' 10" x 5' 6" (2.40m x 1.68m)
Window to rear/side, bath with shower over, basin, WC, vinyl flooring, storage cupboard.

Arrange Viewing

Marketed by

Liam McCallum

Sales Director
Liam McCallum
Prince Bishops Community Primary School
(0.41 miles)
Outstanding
Number of pupils: 219
Age Range: 2 - 11
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St John's Church of England Aided Primary School, Shildon
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St Andrew's Primary School
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Good
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Victoria Lane Academy
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Good
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St Joseph's Catholic Primary School, Coundon
(1.29 miles)
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Timothy Hackworth Primary School
(1.35 miles)
Good
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Cockton Hill Junior School
(1.47 miles)
Good
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Cockton Hill Infant School
(1.47 miles)
Good
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Age Range: 2 - 7
King James I Academy Bishop Auckland
(1.57 miles)
Good
Number of pupils: 944
Age Range: 11 - 18

Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ358 /mo.25 Years, 5% Interest
Loan
ÂŁ61,200
Total Repay
ÂŁ107,331

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ0
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