3 bedroom semi-detached house for saleBarnard Avenue, DH6
Guide Price* £50,000
- 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
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.
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.
The property has not been measured.
We understand the property has mains electric, water and drainage.
The property currently let at £350pcm, however this can be increased to £6000 pa reflecting a gross yield of 12%.
Please not an inspection of this property has not been undertaken.
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*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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