House For Sale £110,000
Yieldit are pleased to present to the market this wonderful and unique property as a tenanted buy-to-let investment yielding an impressive 5.45% with scope to increase. The former institute is perfectly situated off the main street overlooking the beautiful village green and has plenty of room for off road parking to the front, with a low maintenance yard to the rear. The property is excellently presented throughout and consists of entrance hallway, two reception rooms, fully fitted kitchen and summer room on the ground floor. To the first floor there are four spacious bedrooms, bathroom with jacuzzi bath, shower cubicle and separate W.C.
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.
Financial Breakdown
Gross rent: £6,000
Net income: £6,000
Gross yield: 5.45%
Net yield: 5.45%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-18337
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.
Financial Breakdown
Gross rent: £6,000
Net income: £6,000
Gross yield: 5.45%
Net yield: 5.45%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-18337
