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£70,000
Meadow Rise, Meadowfield, DH7
- 2 beds
£70,000
- 2 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£320 per month
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
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
£3,500
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Sold with a tenant in situ, achieving a yield of 9.4% at the asking price, this modern second floor apartment would make a great purchase for an INVESTOR. Located within a development only 3 miles from Durham City, Meadowfield itself offers a good range of local amenities. With electric heating and UPVC double glazing throughout, the property briefly comprises; Secure communal entrance via an entry system. Upon entering the apartment there is a hallway, spacious and bright open plan kitchen/diner which features some integral appliances, two bedrooms, with the main bedroom leading into a Jack & Jill bathroom suite. Externally there is a allocated parking space and communal gardens. The lease is 125 years from 1st January 2007.
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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