3 bedroom semi-detached house for sale

Orchid Meadow, St Helens, Bishop Auckland

Sold STC £69,000

Property Description

Key features

  • Three Bedrooms
  • Immaculate throughout
  • Downstairs W.C
  • Lawned Rear Garden
  • NHBC certificate to August 2020
  • EPC Rating B

Full description

**Attention Investors- Sold with sitting tenants**We are offering for sale this Semi Detached well presented House in popular location in St Helen Auckland.
Close to the shopping centre development at Tindale.
Immaculate throughout with off road parking - comprises of Entrance Hall leading to Lounge with Kitchen/Diner with downstairs WC and patio doors leading to lawned garden.
To the first floor Three Good sized Bedrooms & family Bathroom.

Rental Return = £450 pcm  
Tenanted live investment

Professional management 10% = £45 pcm 

Loan 80% LTV with 4% Int Rate = £186.50 pcm 

Deposit = £13,990 

Positive Cash Flow = £263.50 

Return on Capital Invested = 22.6% 

Return for Cash Purchase = 7.72%  

AN EXCELLENT TIME TO PURCHASE AN INVESTMENT PROPERTY IN COUNTY DURHAM: 

1.5 Miles from St Helen Auckland - Bishop Auckland 
Launched in July 2016, The £35m Eleven Arches project features '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 project to renovate Auckland Castle & Bishop Auckland Market Place is also well underway. Copy & paste this link into your browser for details: www.thisisdurham.com/kynren.

8 Miles from St Helen Auckland - Newton Aycliffe 
An £82m Hitachi train factory has officially opened in September 2015. The Hitachi plant will employ 730 workers assembling high-speed Intercity trains for the East Coast and Great Western main lines. The then, 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,"

Year Built: 
2008

Type of Property 
Modern Semi Detached

Structure 
Brick

Roof 
Tiled

Tenure: 
Freehold

External: 
Parking Space, small garden to front and rear garden

Approx Rebuild Cost: 
£110k for insurance purposes

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
14 November 2016

Nearest station

  • Hanborough (195.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Civic Properties, Shildon

40 Church Street, Shildon, DL4 1DX

01388 334012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Hanborough (195.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Civic Properties, Shildon

40 Church Street, Shildon, DL4 1DX

01388 334012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 7104929. 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.

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