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3 bedroom semi-detached house for sale

Barnard Avenue, DH6

Guide Price* £50,000

Property Description

Key features

  • Potential to rent 500 pcm
  • Potential yield 12%
  • Good rental area
  • Ideal investment opportunity
  • Fitted kitchen
  • Bathroom & downstairs WC
  • Electric storage heaters
  • Good residential location
  • Driveway parking
  • Gardens to front and rear

Full description

Location
The property is located on Barnard Avenue just off Margaret Street in the small semi rural village of Ludworth.

Ludworth primary school can be reached within 5 minutes on foot from the property and there is a local shop and post office nearby.

Durham city centre is located just 8 miles west of the property and takes approximately 20 minutes by car and Peterlee town centre is just 5.4 miles east and takes approximately 15 minutes by car.

Durham University is approximately 7 miles west of the property and is located on the outskirts of Durham city centre.

Description
This attractive semi detached property is offered with immediate vacant possession and benefits from spacious accommodation set over two floors.

The front door provides access to the entrance hall and living room. The living room has double glazing to the front aspect and an electric fire. There is a fitted kitchen with a range of eye level and base units, having complimentary work surfaces and tiling to the splash backs and space for white goods. A rear lobby area has storage and a downstairs WC.

The first floor landing gives access to the family bathroom, fitted with low flush WC, wash hand basin and bath. Upstairs there are three bedrooms with double glazing, facing to the front or rear of the property.

Externally, the property enjoys driveway parking and a delightful rear gardens.
Accommodation

The property has not been measured.

Services
We understand the property has mains electric, water and drainage.

Tenure
Freehold

Investment Analysis
The property currently let at 350pcm, however this can be increased to 6000 pa reflecting a gross yield of 12%.

*Guide Price
50,000+

Please not an inspection of this property has not been undertaken.


More information from this agent

Listing History

Added on Rightmove:
15 April 2016

Map & Street View

Disclaimer - Property reference 95BARNARD. 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 John Pye Property, Nottingham . 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.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call John Pye Property, Nottingham on 0115 970 6060.


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