Cambridge Court, Bishop Auckland, DL14
- PROPERTY TYPE
Apartment
- BEDROOMS
20
- SIZE
Ask agent
Key features
- AMAZING INVESTMENT OPPORTUNITY
- Sold Via Modern Method of Auction
- 10 Flats
- Each flat can be sold individually
- Over £54,000 gross return
- Council Tax Band- A
- EPC- Mix of B and C
- Tenure- Leasehold
Description
We are delighted to present the opportunity to own 10 2 bedroom flats in a developing area, with a gross return of over £54,000! Thats a 12.9% return!
The flats are positioned in Cambridge Court, this is on the outskirts of the developing Tindale area of Bishop Auckland. The flats income are as follows and are also available as individual purchases:
Flat 50-385pcm
Flat 51-400pcm
Flat 79-425pcm
Flat 80-475pcm
Flat 81-465pcm
Flat 82-500pcm
Flat 83-450pcm
Flat 84-500pcm
Flat 85-450pcm
Flat 86-500pcm Currently being readvertised at £525pcm
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Agent Notes
Mobile Coverage- EE Likely Three Likely O2 Likely Vodafone Likely Broadband Speeds- Standard 7 Mbps 0.8 Mbps Good Superfast 80 Mbps 20 Mbps Flood Risk- Seas and rivers: Very Low Surface water: Very Low
Disclaimer
Your home is at risk if you do not keep up repayments on your mortgage or other loans secured on it. MORTGAGE ADVICE It is now a legal requirement under the Estate Agents Act 1991, to establish what mortgage, if any, is required and to confirm the applicants ability to obtain this finance. If you need any help or advice over obtaining a mortgage, our mortgage department will be pleased to help and advise you on all Building Society or Bank mortgages without obligation. This service is available even if you are not buying via ourselves. Written quotations available on request. There is no charge for this service. PLEASE NOTE Please note that all sizes have been measured with an electronic measuring tape and are approximations only. Under the terms of the property miss-descriptions act we are obliged to point out that none of the services described in these particulars have been tested by ourselves. We present these details of the property in good faith and they were (truncated)
Brochures
Particulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Cambridge Court, Bishop Auckland, DL14
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About Holbrook & Co, Bishop Auckland
121 Newgate Street, Bishop Auckland, DL14 7EN
At Holbrook & Co, we understand that buying, selling and letting a property can be a stressful and daunting experience, which is why we are here to guide you every step of the way. We pride ourselves on our integrity, transparency and professionalism, and always strive to exceed our clients' expectations.
With decades of experience in the real estate industry, Holbrook & Co are committed to providing exceptional service.
Your mortgage
Notes
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Visit our security centre to find out moreDisclaimer - Property reference BIS240246. 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 Holbrook & Co, Bishop Auckland. 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.
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 Holbrook & Co, Bishop Auckland on 01388 311071.
*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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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