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SOLD STC

Railway Street, Bishop Auckland, DL14

PROPERTY TYPE

Block of Apartments

BEDROOMS

4

BATHROOMS

4

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • 4x One Bed Flat/Apartments
  • Freehold
  • Sold With Sitting Tenants
  • £1900 PCM Rental Income
  • Approx 12.5% Gross Yield (At Asking Price)
  • Lettings & Management Services Available

Description

Hey there! Looking for a fantastic investment opportunity? Well, look no further than this Block of Apartments up for grabs! Nestled in a coveted spot, this gem features not just one, not two, but four delightful one-bed flats (or should we say apartments) that will surely catch your eye.

What's particularly sweet about this deal is that it comes with a freehold, making it even more appealing for savvy investors out there. And here's the kicker – these bad boys are already home to some great tenants who are just itching to stay put.

Now, let's talk numbers. Brace yourself for some good news – this property racks in a cool £1900 per month in rent, giving it a solid 12.5% gross yield (based on the asking price). Cha-ching! And hey, if you're wondering about the nitty-gritty details, worry not – lettings and management services are at your disposal to make your life a whole lot easier.

So, if you're all about seizing the moment and making that savvy investment move, this Block of Apartments is calling your name. Don't let this opportunity slip through your fingers – act fast and make this investment work wonders for you. Your future self will thank you for it. So what are you waiting for? Let's make those dreams of property ownership a reality!

11 Railway Street

Let at £475 PCM.
Tenant taking possession August 25, 6 months AST.

12 Railway Street

Currently available, rent at £500 PCM.

13 Railway Street

Let at £475 PCM. Tenant taking possession August 25, 6 months AST.

14 Railway Street

Let at £450 PCM. Tenant taking possession August 25, 6 months AST.

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.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Railway Street, Bishop Auckland, DL14

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About Sillars Investments, Lettings & Management, Darlington

1 Blackwell Lane, Darlington, DL3 8QF

At Sillars Investments, Lettings & Management we are known for delivering outstanding results for our clients throughout the North East Region. We never wait for the phone to ring. We have a dedicated, highly motivated & professional team dealing with sales, lettings and property management. A sign of our success is the fact that a large proportion of our business is from referrals, satisfied clients who have recommended us to friends and family Clients are naturally drawn to our comprehensive advertising coverage, prominent brand, tailored to ensure your property takes centre stage rising above the competition. Furthermore, we place ourselves at the forefront of the very latest advances in contemporary estate agency, providing both regional and national coverage for our properties and enhancing our ability to reach buyers, tenants and new clients from across the country. A full house service of complimentary property solutions including Residential Property Sales, Auctions, Residential & Commercial Lettings and Property Management departments along with our independent Financial Services. Whether Buying, Selling or Renting, our specialist professionally trained staff have the time, expertise and reputation to guarantee the very best results and a truly rewarding experience.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£838
We think you can borrow up to
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Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 064915d4-bcb0-401d-9b2a-13da8e36fe14. 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 Sillars Investments, Lettings & Management, Darlington. 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.

*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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