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2 bedroom terraced house for sale

Heslop Street, Bishop Auckland

Sold STC £36,000

Property Description

Key features

  • Two Bedrooms
  • Two Reception Rooms
  • GCH via Combi
  • DBL glazed throughout
  • Recently decorated/new flooring
  • Enclosed rear yard

Full description

Two bedroom mid terrace house offered for sale ideally suited to the investor. The property benefits from UPVC double glazing throughout and gas central heating via combi boiler. Briefly comprises: entrance hall, lounge, diner with staircase to the first floor, kitchen, with door to external yard. To the first floor, there are two bedrooms and family bathroom. The property has recently undergone refurbishment and is clean and presentable throughout.

3 Miles from Close House - 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,"

Approx year built: 

Type of property: 
Mid terrace




Rear yard

Approx rebuild cost: 
£140k for insurance purposes

Fees apply 

Rental Return = £360 pcm  

2 Miles from Close House - 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:

Professional management 10% = £36 pcm 

Deposit 20% = £9,000 

Loan 80% LTV with 4% Int Rate = £120 pcm 

Positive Cash Flow = £204.00pcm 

Return on Capital Invested = 32% 

Return for Cash Purchase = 9.6 %  

Local area: An excellent time to purchase an Investment property in County Durham 

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
03 August 2016

Map & Street View

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