- Fully Refurbished Mid Terraced Property +
- Currently Let with tenant paying £550 PCM - GROI over 10%!!! +
- Three Bedrooms +
- Spacious Property +
- Fully Rewired throughout +
- Rear Yard +
- Gas central heating +
- Ample Storage +
Attention property investors
Over 10% Gross Return on investment at the full asking price!!!!!!
This mid terraced house underwent a full programme of refurbishment a couple of years ago, and has been rented out to a tenant insitu paying £550 per calendar month which would generate a gross return on investment of just under 9%. It is well presented and has an impressive modern finish to it which should appeal to a wide variety of purchasers. It has double glazing throughout, a recently installed heating system, it has under gone a full re wire, impressive room dimensions and is well located in the village.
Briefly the accommodation comprises of entrance hallway, open plan living room / dining room, spacious kitchen with space for breakfast table providing access to the rear yard. To the first floor there are three bedrooms and a well presented and again, well sized family bathroom in white with contrasting dark tiling.
Coundon is a short drive from Bishop Auckland and Spennymoor meaning that a wide range of amenities and facilities are close at hand. It is also well placed close to the A689 which links to the A1 (M) motorway network.
Agents notes:
Council Tax Band A
Freehold
Connected to mains Water (Non Metered), Gas, electricity and Sewerage
Estimated Broadband Download speeds - Standard 3MBPS, Superfast 80 MBPS, Ultrafast 9000 MBPS
Good Coverage for O2, EE, limted coverage for 3 and Vodaphone mobile phone networks
Bt and Sky Satellite and Cable Tv available.
Accessibility - the property has not been altered for accessibility
Selective License area - YES
The property is located within a historical mining area
Flood risk - Surface water - very Low, Rivers and seas - no risk