Reduced for fast sale!!!
Market price £42000.
This 1 Bedroom apartment is tenanted offering a superb yield of 11.8%. The property price is below stamp duty threshold which is extremely difficult to find for newly refurbished properties, and this is an extra saving of 3% in tax.
Bishop Auckland is a historic bustling market town in the Vale of Durham, known as the gateway to Weardale. Standing high above a meander in the River Wear the town has commanding views of the surrounding countryside. The history of this lively down dates back over 2000 years, and Auckland castle which is just a short walk from the town centre was the palace of the Prince Bishops for more than 900 yeats. Surronding the Castle are the 800 acres of the Bishop’s Deer Park which is a superb place for a summer picnic. The historic town centre has a thriving arts and cultural scene and at Bishop Auckland Town Hall there is a superb Library, cinema, theatre and Arts complex.
• Immediate income – built and partially tenanted
• Gross Yields up to 11.82%
• Net Yields up to 9.65%
• Amenities on door step – large newly built retail park (inc all main retail names)
• 125 year lease
• Parking available
• Oven, Hob & Extractor
• Flooring Included
• Double Glazing
• Shower Cubicle with Screen door
• Wall Lights
• Plumbing for washing machine
. CASH PURCHASE
