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3 bedroom detached house for sale

Johnson Street, Bishop Auckland


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

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