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34, Bishop Auckland, UK

£390 PCM Fees Apply

  • FIRST MONTH RENT FREE
  • yard to rear
  • family location
  • GCH via Combi
  • Double Glazed
  • Call For Fees
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Brief
* 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.

Main
Rental Return = �433 pcm (tenanted live investment)

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

Viewing
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Energy Performance Certificate
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Disclaimer
Civic Properties endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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