£50,000
Heatherburn Court, Newton Aycliffe, DL5
- 1 bed
£50,000
- 1 bed
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Buy with a mortgage
Estimate monthly mortgage payment:
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Charming One-Bedroom End-Terrace House in Woodham
Discover this delightful one-bedroom end-terrace house located at Heatherburn Court, Woodham, Newton Aycliffe DL5 4UZ. This property, currently tenanted, offers a great investment opportunity or a cozy home in a peaceful and community-oriented area.
Property Features:
- One Bedroom: A comfortable bedroom providing ample space for relaxation.
- Living Room: An inviting space perfect for leisure activities.
- Functional Kitchen: Equipped with modern amenities and plenty of storage, designed for practical and efficient use.
- Well-Maintained Bathroom: Features all necessary installations for convenience and comfort.
- Storage Space: Convenient storage options to keep the living area uncluttered.
- Local Area and Amenities:
Woodham, part of Newton Aycliffe in County Durham, is a residential area known for its tranquility and strong community spirit. The area offers various local amenities including shops, pubs, and community centers. Residents can enjoy nearby parks and recreational facilities.
- Schools: The area is served by several schools, such as Woodham Academy and Aycliffe Village Primary School, providing education for all age groups.
- Transport Links: Woodham is well-connected via local bus services and easy access to major roads ensures convenient travel.
- Local Services: Various dining options and local shops ensure a vibrant community life.
Investment Potential:
This property is currently occupied with a tenant, promising immediate rental income. The tenancy terms include a rent of £375 per calendar month, and the tenant has been in place for a while.
Rental Yield:
To calculate the rental yield:
- Annual Rent = £375 * 12 = £4,500
- Purchase Price = £50,000
- Yield = (Annual Rent / Purchase Price) * 100 = (£4,500 / £50,000) * 100 = 9%
This makes it an appealing option for investors seeking a steady return, with a yield of approximately 9%. Comparable properties in the area have shown consistent appreciation, indicating a strong market presence.
Energy Efficiency:
The property has an EPC rating of C, ensuring good energy efficiency.
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
Do you have property to sell or part exchange?
How can we help you today?
Find out what your
home is worthCheck instantly an estimated value of your homeFind the best
local agentCompare local estate agents based on their performanceGet an Instant
cash offerGet a cash offer for your property in under 48 hours
Area highlights
We’ve gathered data on the property locations to help you get-to-know the local area.
Things you should know
Some useful things about this property we think you should know
Create OneDome account
for a smooth and fast property purchase
- Get a step by step guide on how to purchase or sell a property
- Get an expert mortgage and legal help
- Find the best local agent to sell your property or get an instant cash offer
- Manage property viewings, valuations and alerts
- Get access to off-market properties Create account
![family](/static/static/img/create-account@2x.png)
Be the first to see the newest properties
Create an alert and we'll email you the latest properties that come to market which match your requirements.