This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

3 bedroom detached house for sale

Johnson Street, Bishop Auckland

£38,000

Property Description

Key features

  • Three Bedroom
  • Recently reurbished
  • Yard to rear
  • GCH Via Combi
  • EPC Rating F

Full description

**Attention Investors** Generating 12% Yield!
Three bedroom, terraced property on Johnson Street, Eldon Lane. Close to local amenities, schools & bus routes. Benefiting from double glazing throughout & gas central heating via Combi boiler. The property briefly comprises; Entrance via UPVC door into entrance hall with staircase leading to first floor, lounge, kitchen/diner, UPVC door to enclosed rear yard, Bathroom. To the first floor three bedrooms.


Rental Return = £380 pcm 

Professional management 10% = £38 pcm 

Return on cash purchase = 12% 

Approx year built: 1910 

Type of property: End Terrace 

Structure: Brick 

Roof: Tile 

Tenure: Freehold 

An excellent time to purchase a Below Market Value property in County Durham: 

2 Miles from Eldon - Bishop Auckland 
Launching in July 2016, The Eleven Arches project which will feature 'Kynren - an Epic tale of England' set in the grounds of Auckland Castle. This open air show will boast a 500 strong cast & has been hailed as a worldwide 'must see attraction for 2016'. The project aims to attract up to 800,000 tourist visitors per year. Bishop Auckland Market Place & Auckland Castle are also undergoing a massive £60 Million renovation, making Bishop Auckland an exciting place to be investing right now, whilst properties, below market value are still available. Search thisisdurham/kynren for details.

2 Miles from Eldon - Newton Aycliffe 
In September 2015 an £82m Hitachi train factory has been officially opened. The Hitachi plant will employ 730 workers assembling high-speed Intercity trains for the East Coast and Great Western main lines. The Prime Minister David Cameron said it was a "show of confidence" in the region. "This is Hitachi's first factory in Europe and their massive investment is a sign of their commitment to the United Kingdom and a real show of confidence in our economy and of confidence in the North East,"

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
20 August 2016

Map & Street View

Disclaimer - Property reference 7094497. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Civic Properties, Shildon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

Map data OpenStreetMap contributors.