* First Month Rent Free* Three bedroom mid terrace property briefly comprising of entrance hall, lounge, kitchen/breakfast room, utility, downstairs bathroom. The to the first floor there are three bedrooms. Fitted carpets throughout. Enclosed yard to rear. Close to amenities.
Rental Return = ï¿½433 pcm
(tenanted live investment) Professional management 10% = ï¿½43.30 pcm Deposit 20% = ï¿½8,600 Loan 80% LTV with 4% Int Rate = ï¿½114.66pcm
38 % Mortgage Rental Yield Positive Cash Flow = ï¿½275.04 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:
Rear yard Approx rebuild cost:
130k For insurance purposes
1000 Reservation fees apply to begin the purchase process
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Energy Performance Certificate
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