South View, Auckland, DL14 7TE

yieldit are pleased to present to the market this wonderful end of terrace property which will make an excellent addition to an investors portfolio with high anticipated yields. The property is perfectly situated close to a plethora of amenities with a low maintenance yard to the rear. The property is excellently presented throughout and consists of entrance hallway, three well proportioned reception rooms and fully fitted kitchen on the ground floor. To the first floor there are three spacious bedrooms and bathroom with three piece suite. Externally there is a front garden and enclosed rear yard.

South View is located in the village of Evenwood, County Durham which is approximately 5 miles from Bishop Auckland via the nearby A688. Bishop Auckland has a fantastic town centre with an array of restaurants, shops, recreational facilities, a 210-seater theatre and cinema, art gallery, library and Auckland Castle. County Durham sits between Newcastle, Sunderland and Hartlepool and is within easy reach of everything the Northeast has to offer. It is well regarded as an area for lucrative investment, with The Telegraph noting that County Durham is an area with some of the best returns for buy-to-let property investors.

County Durham is on track to be named the UK’s City of Culture 2025, it’s just one of four locations in the UK to be shortlisted and achieving this status would result in colossal social and economic benefits, create thousands of jobs, boost the economy by millions and improve the lives of residents in the community. The BBC has announced it will invest at least £25million over the next five years which will create BBC will create 70 digital jobs, increase opportunities and promote the region so now is an unmissable opportunity to invest.

Please note lettings management fees and charges may apply.

Financial Breakdown

Gross Rent: £7,800.00
Net income: £7,800.00
Gross yield: 8.21%
Net yield: 8.21%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08517