£60,000

2 Bedroom House

Oaklea Terrace, Cockton Hill, Bishop Auckland, DL14

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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

Further Informations

More Information

Property Features

  • Sold with tenant in situ
  • Terraced
  • 2 Beds
  • 1 Bathroom
  • Council Tax Band A

Property Description

INVESTMENT PROPERTY - TENANTED- BUYER SOURCING FEE APPLICABLE

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

Further Informations

More Information

Property Features

  • Sold with tenant in situ
  • Terraced
  • 2 Beds
  • 1 Bathroom
  • Council Tax Band A

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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

Disclaimer

Disclaimer Property reference A65772ABD5723F_BIS230273. Details are provided and maintained by Holbrook & Co. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
Holbrook & Co, Bishop Auckland

121 Newgate Street

Bishop Auckland

County Durham

DL14 7EN

Tel: See phone number 01388 608523

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability

Disclaimer

Disclaimer Property reference A65772ABD5723F_BIS230273. Details are provided and maintained by Holbrook & Co. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
Holbrook & Co, Bishop Auckland

121 Newgate Street

Bishop Auckland

County Durham

DL14 7EN

Tel: See phone number 01388 608523

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability
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