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Branch Information

Darlington Branch
Blackwell Business Centre
Darlington
Co Durham
DL3 8QF

Tel: 01325 523756
Email: darlington@sillars.co.uk

Durham Branch
Portland House
Belmont Business Park
Durham
DH1 1TW

Tel: 0191 323 6652
Email: durham@sillars.co.uk

Johnson Street (Sales), Eldon Lane, Bishop Auckland, Bishop Auckland, DL14 8TJ

Offers In Region of £55,000Freehold

311
Map

Key Information

Tenure:Freehold
Council tax band:A
Broadband:up to 80Mbps
Mobile signal:*Based on indoor data coverage
EEO2Vodafone

Key Features

Excellent Investment Opportunity
SOLD WITH SITTING TENANT - CASHFLOW FROM DAY ONE!
Three Bedroom Terraced Home
ÂŁ475 PCM Rental Income
POTENTIAL 10% GROSS YIELD (Based on Asking Price)
Lettings/Management Services Available

Description

Investor's dream: three-bed mid-terraced house with sitting tenant generating ÂŁ475 monthly income, potential 10% yield. Hassle-free management services available. Ideal for expanding portfolio or charming home seekers. High-yielding investment opportunity not to be missed!

This delightful 3-bedroom mid-terraced house is a savvy investor's dream! A golden opportunity, this property comes fully equipped with a sitting tenant, guaranteeing a steady cash flow from day one. Boasting a monthly rental income of ÂŁ475 and the potential for a stellar 10% gross yield based on the asking price, this home is a promising addition to any investment portfolio. Worried about managing the property? Fret not! Lettings and management services are readily available to make your life easier and your investment worry-free.

Whether you are looking to expand your investment portfolio or seeking a charming home with potential, this property ticks all the boxes. Don't miss out on this fantastic opportunity to secure a high-yielding investment with a sitting tenant in place, ready and waiting for you to reap the rewards!

Hallway
Entrance door, wood effect flooring, storage cupboard.

Living Room 12' 3" x 11' 10" (3.74m x 3.61m)
Window to front, brick effect fireplace, wood effect flooring, radiator.

Kitchen/Diner
Window to rear, wood effect flooring, fitted wall and base units, sink/drainer, space for cooker.

Utility Room
Windows to rear, fitted base units, wood effect laminate flooring, radiator.

Stairs & Landing
Carpet flooring

Bedroom One 12' 3" x 11' 9" (3.74m x 3.59m)
Located to the rear, carpet flooring, upvc window, radiator.

Bedroom Two 10' 7" x 12' 8" (3.22m x 3.85m)
Located to the rear, carpet flooring, radiator.

Bathroom
Bath with shower over, basin, WC.

Bedroom Three 13' 9" x 5' 6" (4.19m x 1.67m)
Located to front, carpet, radiator, window.

Arrange Viewing

Prince Bishops Community Primary School
(0.28 miles)
Outstanding
Number of pupils: 219
Age Range: 2 - 11
Thornhill Primary School
(0.69 miles)
Outstanding
Number of pupils: 207
Age Range: 4 - 11
St Andrew's Primary School
(0.9 miles)
Good
Number of pupils: 131
Age Range: 3 - 11
St John's Church of England Aided Primary School, Shildon
(0.91 miles)
Outstanding
Number of pupils: 229
Age Range: 3 - 11
Cockton Hill Junior School
(1.23 miles)
Good
Number of pupils: 224
Age Range: 7 - 11
Cockton Hill Infant School
(1.23 miles)
Good
Number of pupils: 133
Age Range: 2 - 7
Timothy Hackworth Primary School
(1.25 miles)
Good
Number of pupils: 397
Age Range: 2 - 11
King James I Academy Bishop Auckland
(1.41 miles)
Good
Number of pupils: 944
Age Range: 11 - 18
Victoria Lane Academy
(1.48 miles)
Good
Number of pupils: 192
Age Range: 3 - 11
St Joseph's Catholic Primary School, Coundon
(1.48 miles)
Number of pupils: 120
Age Range: 2 - 11

Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ289 /mo.25 Years, 5% Interest
Loan
ÂŁ49,500
Total Repay
ÂŁ86,812

Stamp Duty

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