£60,000
2 Bedroom House
Oaklea Terrace, Cockton Hill, Bishop Auckland, DL14
First listed on: 21st February 2024
Nearest stations:
- Bishop Auckland (0.2 mi)
- Shildon (2.6 mi)
- Newton Aycliffe (4.5 mi)
- Heighington (5.5 mi)
- Durham (9.5 mi)
Interested?
Call: See phone number 01388 608523
Property Description
CURRENT RENT: £375pcm
RENTAL YIELD: 7.5%
POTENTIAL YIELD: 10%+
ACHIEVABLE RENT: £500+
Selling with a tenant in situ, currently rented at £375 per calendar month but can be increased to the current market rate. Ideally located to local shops and schools. This 2 bedroom house offers a excellent investment opportunity.
• Investment Property - Tenanted
• Rental Value: £375pcm
• 2 Beds
• Freehold
• Gas Central Heating
Oaklea Terrace is situated a short walk from the town centre and the amenities it offers, and within close proximity to Bishop Auckland general hospital. Oaklea terrace has good transport links nearby with bus stops as well as the train station.
To ensure a fast and secure sale. You will secure the sale with a reservation fee of £1,200 inclusive of vat at offer stage, giving the buyer exclusive rights to purchase within a given timeframe and an additional £1,200 inclusive of vat on completion. Paying the reservation deposit ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you, eliminating gazumping.
Council Tax Band: A
Shared Ownership: No
Useful Statistics In Your Area
We have collected some useful information to help you learn more about your area and how it may affect it's value. This could be useful for those already living in the area, those considering a move or a purchase of a buy-to-let investment in the area.
Property Location
Property Street View
Price History
Listed prices are those submitted to us and may not reflect the actual selling price of this property.
Date | History Details |
---|---|
23/02/2024 | Property listed at £60,000 |
Mortgage Calculator
Calculate the cost of a mortgage for your new home based on available data.
Get an Instant Offer
Looking to sell quickly. OneDome's Instant Offer service can get you a cash offer within 48 hours and money in the bank in as little as 7 days. Giving you speed and certainty.
Find the best Estate Agents
Need to sell and want the best agent? Compare your local agents from thousands nationwide. Get no-obligation quotes immediately just by entering your postcode.