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£45,000

3 bedroom terraced house for sale

Heslop Street

£45,000

3 bedroom terraced house for sale

Heslop Street

Description

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Property features

  • Three bed terrace
  • Yard to rear
  • GCH via Combi
  • Double Glazed
  • Ideal Investment
  • EPC Rating D

Nearest stations

Shildon (1.5mi.)
Bishop Auckland (1.6mi.)

Nearest schools

school icon  Prince Bishops Community Primary School (0.3mi.)
Outstanding
school icon  Thornhill Primary School (0.9mi.)
Outstanding
school icon  St John's Church of England Aided Primary School, Shildon (1.0mi.)
Outstanding

Property description

Professional management 10% = �43.30 pcm  

Deposit 20% = �8,600  

Loan 80% LTV with 4% Int Rate = �114.66pcm 38 % Mortgage Rental Yield 

Positive Cash Flow = �275.04 pcm  

Return on Capital Invested = 44.4%  

Return for Cash Purchase = 12%  

Figures are for illustration purposes only, please speak to a financial adviser for personalised projections 

Local area: An excellent time to purchase a Below Market Value property in County Durham Launching in July 2016, The Eleven Arches project which will feature 'Kynren - an Epic tale of England' set in the grounds of Auckland Castle, Bishop Auckland. Hailed as a must see attraction, will attract up to 800,000 visitors a year. The 60 Million pr 

Approx year built: 1930 

Type of property: Mid terrace 

Structure: Brick 

Roof: Tile 

Tenure: Freehold 

External: Rear yard 

Approx rebuild cost: 130k For insurance purposes 

1000 Reservation fees apply to begin the purchase process 

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Map

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

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