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£100,000

Rosemount Road, Bishop Auckland

  • 2 beds
Other

£100,000

  • 2 beds
Other
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Estimate monthly mortgage payment:

£457 per month

Minimum deposit amount:

£5,000
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Well presented and modern two bedroomed property offered for sale with no onward chain. This property is a ready to go turnkey investment property, or perfect for first-time buyers/families, recently refurbished to a high standard.is located on Rosemount Road in South Church. Only a short distance from both the nearby Bishop Auckland town centre and the ever expanding Tindale Retail Park, where there are a range of amenities nearby such as supermarkets, retail stores, high street shops, food outlets and both primary and secondary schools. For commuters, the A688 is close by and leads to the A1 (M) both North and South, whilst there is also an extensive public transport system which allows access to not only the surrounding towns and villages but to further afield places such as Darlington, Durham, Newcastle and York.
The property benefits from being sold fully furnished with brand new sofa, smart TV, double beds, foam mattress, fridge, washing machine, and more and in brief the property comprises; an entrance hall leading through into the living room, kitchen/diner, utility room and bathroom to the ground floor. The first floor contains the two double bedrooms. Externally there is on street parking available to the front, along with an enclosed yard to the rear with gated access into the back lane.
The property is suitable for serviced accommodation and short term lets, generating £90-£120 per night with excellent occupancy rates. Currently the property has a 3-year guaranteed rent contract with a reputable social housing provider at £583 per month (Social housing provider will cover all bills and maintenance. This means no council tax, electricity, gas, or management fees to be paid by owner.
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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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