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    Darlington Branch
    Blackwell Business Centre
    Darlington
    Co Durham
    DL3 8QF

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

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    Portland House
    Belmont Business Park
    Durham
    DH1 1TW

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

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    Blackwell Business Centre
    Darlington
    Co Durham
    DL3 8QF

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    Blackwell Business Centre
    Darlington
    Co Durham
    DL3 8QF

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

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    Sold STC

    11-14 Railway Street, Bishop Auckland, Co Durham, DL14 7LR

    £180,000

    444
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    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ855 /mo.25 Years, 4% Interest
    Loan
    ÂŁ162,000
    Total Repay
    ÂŁ256,529

    Stamp Duty

    You’ll have to pay the stamp duty of:
    ÂŁ1,100
    0% up to ÂŁ125,000
    2% from ÂŁ125,000 to ÂŁ180,000
    Your effective stamp duty rate is 0.61%
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    Blackwell Business Centre
    1 Blackwell Lane,
    Darlington,
    Co Durham DL3 8QF

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    Sold STC

    £180,000

    11-14 Railway Street, Bishop Auckland, Co Durham, DL14 7LR

    4 Bedrooms4 Bathrooms4 Receptions

    Key Information

    Tenure:Not available
    Council tax band:A
    Broadband:up to 80Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    4x One Bed Flat/Apartments
    Freehold
    Sold With Sitting Tenants
    ÂŁ1900 PCM Rental Income
    Approx 12.5% Gross Yield (At Asking Price)
    Lettings & Management Services Available

    Description

    Fantastic investment opportunity with a Block of Apartments boasting four one-bed flats. Freehold included, with existing tenants generating ÂŁ1900 per month in rent. 12.5% gross yield, lettings and management services available. Seize the moment!

    Hey there! Looking for a fantastic investment opportunity? Well, look no further than this Block of Apartments up for grabs! Nestled in a coveted spot, this gem features not just one, not two, but four delightful one-bed flats (or should we say apartments) that will surely catch your eye.

    What's particularly sweet about this deal is that it comes with a freehold, making it even more appealing for savvy investors out there. And here's the kicker – these bad boys are already home to some great tenants who are just itching to stay put.

    Now, let's talk numbers. Brace yourself for some good news – this property racks in a cool £1900 per month in rent, giving it a solid 12.5% gross yield (based on the asking price). Cha-ching! And hey, if you're wondering about the nitty-gritty details, worry not – lettings and management services are at your disposal to make your life a whole lot easier.

    So, if you're all about seizing the moment and making that savvy investment move, this Block of Apartments is calling your name. Don't let this opportunity slip through your fingers – act fast and make this investment work wonders for you. Your future self will thank you for it. So what are you waiting for? Let's make those dreams of property ownership a reality!

    11 Railway Street
    Let at ÂŁ475 PCM.
    Tenant taking possession August 25, 6 months AST.

    12 Railway Street
    Currently available, rent at ÂŁ500 PCM.

    13 Railway Street
    Let at ÂŁ475 PCM. Tenant taking possession August 25, 6 months AST.

    14 Railway Street
    Let at ÂŁ450 PCM. Tenant taking possession August 25, 6 months AST.

    Viewings not available

    Durham Branch

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