Bell Street, Bishop Auckland, DL14
- PROPERTY TYPE
End of Terrace
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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- TENUREDescribes 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
- 12% Yield - Existing Tenant
- 13% Yield Potential at Market Rent
- On The Market Online Valuation Tool Values at £82,000
- Already Tenanted
- End Terrace and Garage Included
- Large End Terrace
- Bishop had Major Economic Investment
- Potential Market Rent - MIN £595 PCM
- Gas Cert & EICR in place
- Full Video Tour and Commentary Available
Description
FIXED PRICE £39,999 - TENANTED BUY-TO-LET - HARTLEPOOL
An attractive landlord investment at a fixed price of £39,999, with an existing tenant already in place and strong current rental yield.
48 Murray Street, Hartlepool, TS26 8PL is a 2-bedroom, 2-bathroom freehold terraced property currently producing £450 PCM / £5,400 per annum, with no rent arrears reported.
At the £39,999 purchase price, the existing rent produces a gross yield of approximately 13.5%.
The stated estimated market rent is £525 PCM / £6,300 per annum. If achieved in the future, this would represent a potential gross yield of approximately 15.75%. The £525 PCM figure is an estimate and is not guaranteed.
KEY INFORMATION
Fixed Price: £39,999
Current Rent: £450 PCM
Current Gross Yield: Approx. 13.5%
Estimated Market Rent: £525 PCM
Potential Gross Yield: Approx. 15.75%
Tenant in Situ: Yes
Rent Arrears Reported: None
Tenure: Freehold
Council Tax: Band A
EPC: D (65), valid until March 2034
Heating: Gas
AMRP SOURCING FEE: £2,500
£60 is payable to Lifetime Legal following offer acceptance for AML, Proof and Source of Funds checks. The remaining £2,440 is payable to AMRP Buy To Let Advisory Services Limited on completion via the purchaser's solicitor.
Contact AMRP for further details or to discuss the opportunity.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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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Bell Street, Bishop Auckland, DL14
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