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Oaklea Terrace, Cockton Hill, Bishop Auckland, DL14

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

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.

Freehold

Key features

  • Sold with tenant in situ
  • Terraced
  • 2 Beds
  • 1 Bathroom
  • Council Tax Band A
  • Double Glazing
  • Gas Central Heating.
  • Freehold Tenure
  • EPC- C

Description

INVESTMENT PROPERTY - TENANTED- BUYER SOURCING FEE APPLICABLE

CURRENT RENT: £375pcm
RENTAL YIELD: 7.5%
POTENTIAL YIELD: 10%+
ACHIEVABLE RENT: £500+

Selling with a tenant in situ, currently rented at £375 per calendar month but can be increased to the current market rate. Ideally located to local shops and schools. This 2 bedroom house offers a excellent investment opportunity.

• Investment Property - Tenanted
• Rental Value: £375pcm
• 2 Beds
• Freehold
• Gas Central Heating

Oaklea Terrace is situated a short walk from the town centre and the amenities it offers, and within close proximity to Bishop Auckland general hospital. Oaklea terrace has good transport links nearby with bus stops as well as the train station.

To ensure a fast and secure sale. You will secure the sale with a reservation fee of £1,200 inclusive of vat at offer stage, giving the buyer exclusive rights to purchase within a given timeframe and an additional £1,200 inclusive of vat on completion. Paying the reservation deposit ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you, eliminating gazumping.

Entrance Hall

Access via front elevation

Lounge

Double glazed window, wall mounted radiator.

Dining Room

Double glazed window, wall mounted radiator.

Kitchen

Range of wall and base units with complimentary worktops and double glazed window.

Bathroom

Three piece suite and double glazed window.

Bedroom 1

Double glazed window and wall mounted radiator.

Bedroom 2

Double glazed window and wall mounted radiator.

Rear External

Rear enclosed yard

Front External

Parking available on street

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

Oaklea Terrace, Cockton Hill, Bishop Auckland, DL14

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bishop Auckland Station0.2 miles
  • Shildon Station2.5 miles
  • Newton Aycliffe Station4.5 miles
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About the agent

Holbrook & Co, Bishop Auckland

121 Newgate Street, Bishop Auckland, DL14 7EN

Holbrook & Co, Bishop Auckland

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.

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Industry affiliations

Ombudsman for Estate Agents and Lettings Estate AgentsAssociation of Residential Letting Agents

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Disclaimer - Property reference BIS230273. 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.

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