*CASH BUYERS ONLY* Ideal Investment Opportunity! This two bedroom property on Queen Street, Grange Villa is being offered to the sales market as a tenanted investment opportunity. This home would make a great starting investment or addition to your portfolio sold with tenants in situ paying £392 per month, genertaing an impressive 9.8% yield annually.
The floor plan of this property briefly compromises of a kitchen, large lounge, two double bedrooms and a family bathroom.
Kitchen (2.48m x 2.35m) fitted with a range of wall and base units, neutral walls with a white tiled splash back, laminate flooring, large double glazed window with blinds and a freestanding oven.
Lounge/Diner (6.48m x 3.52m) Large lounge suitable for the growing family. This rooms provides ample space to house dining room furniture and is tastefully decorated with laminate flooring and neutral walls perfect for somebody wanting to put their own stamp on this property.
Master bedroom (4.54m x 3.15m) Double bedroom with a wall to wall fitted carpet, double glazed window and a wall mounted radiator.
Bedroom Two (3.28m x 2.13m) The second bedroom of this property is similarly decorated to the master bedroom and provides ample space for a double bed and various pieces of other bedroom furniture.
Bathroom (2.03m x 1.82m)
External To the rear of the property is an enclosed yard.
About the area The village has one local newsagents, one tanning and beauty shop, a barbers, local take away and a golf course. Excellent transport links to both Durham City Centre, Chester-Le-Street and Newcastle. Nearby is Stanley, which is only a short drive away. Stanley offers many local amenities, boasting a large Asda store and family run local business'. Stanley also features many recreational facilities.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Sylvester Properties - County Durham. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Sylvester Properties - County Durham for full details and further information.