2 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- Sold with tenant in situ
- Terraced
- 2 Beds
- 1 Bathroom
- Council Tax Band A
- Double Glazing
- Gas Central Heating.
- Freehold Tenure
- EPC- C
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.
Rooms
Entrance Hall
Access via front elevation
Lounge
Double glazed window, wall mounted radiator.
Dining Room
Double glazed window, wall mounted radiator.
Kitchen
Range of wall and base units with complimentary worktops and double glazed window.
Bathroom
Three piece suite and double glazed window.
Bedroom 1
Double glazed window and wall mounted radiator.
Bedroom 2
Double glazed window and wall mounted radiator.
Rear External
Rear enclosed yard
Front External
Parking available on street
Disclaimer
Your home is at risk if you do not keep up repayments on your mortgage or other loans secured on it. MORTGAGE ADVICE It is now a legal requirement under the Estate Agents Act 1991, to establish what mortgage, if any, is required and to confirm the applicants ability to obtain this finance. If you need any help or advice over obtaining a mortgage, our mortgage department will be pleased to help and advise you on all Building Society or Bank mortgages without obligation. This service is available even if you are not buying via ourselves. Written quotations available on request. There is no charge for this service. PLEASE NOTE Please note that all sizes have been measured with an electronic measuring tape and are approximations only. Under the terms of the property miss-descriptions act we are obliged to point out that none of the services described in these particulars have been tested by ourselves. We present these details of the property in good faith and they were (truncated)
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Broadband availability and predicted speed: obtained from Ofcom on February 16, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 16, 2023
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Energy Performance data and Internal floor area: obtained on February 22, 2021 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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