1 bedroom flat for sale

Laurel Court, Shildon

Sold STC £38,000

Property Description

Key features

  • First Floor Flat
  • 1 Bedroom
  • Excellent location with good links to Hitachi
  • GCH via Combi & UPVC throughout
  • EPC Rating C
  • 20.5% Rental return

Full description

Attention Investors- 20.5% Yield - Tenanted Live Investment -DO NOT MISS THIS OPPORTUNITY Click through for full illustration of rental income, % returns etc....

Rental Return = £150 per week 

Professional management 10% = £15 

Return on cash purchase = 19% 

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

2 Miles from Shildon - Bishop Auckland 
Launched in July 2016, The £35m 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. Search thisisdurham/kynren for details.

2 Miles from Shildon - 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,"

Approx year built:  
1990

Type of property:  
1st floor flat

Structure: 
Brick

Roof:  
Tile

Tenure: 
Leasehold £10 per annum

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More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
03 August 2016

Nearest stations

  • Shildon (0.1 mi)
  • Newton Aycliffe (2.1 mi)
  • Bishop Auckland (2.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

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 stations

  • Shildon (0.1 mi)
  • Newton Aycliffe (2.1 mi)
  • Bishop Auckland (2.7 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 6862601. 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.

Map data OpenStreetMap contributors.