Robinsons - Bishop Auckland Sales
Tel: 01388 458 111
Fax: 01388 458 200
Email: info@robinsonsbishop.co.uk
120 Newgate Street
Bishop Auckland
DL14 7EH
Dalton Crescent, Shildon
£77,500
3 Bedroom House - Semi-Detached
- Sold with long term sitting tenant
- Paying £550 pcm
- Three/four bedroom home
- Large gardens
- Gas central heating
- UPVC double glazed windows
* SOLD WITH SITTING TENANT *
Robinsons are delighted to offer to the market this three/four bedroom semi-detached house, which is being sold with long term sitting tenants.
The house is warmed by gas central heating and has UPVC double glazed windows.
The internal accommodation comprises; entrance hallway, reception room which could be used as a fourth bedroom. A further reception room which leads to the kitchen, ground floor shower room.
To the first floor there are three bedrooms, bathroom and separate WC.
Outside the house has gardens to three sides which are mainly laid to lawn.
Dalton Crescent is conveniently located in Shildon being within close proximity of shopping amenities, schooling and bus links.
Agent Notes
Council Tax: Durham County Council, Band A - Approx. £TBC p.a
Tenure: Freehold
Property Construction – Standard
Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only
Gas Supply - Mains
Electricity supply – Mains
Water Supply – Mains
Sewerage – Mains
Heating – Gas central heating
Estimated Mobile phone coverage – Please refer to the Ofcom Website - https://www.ofcom.org.uk
Estimated Broadband Download speeds – please refer to the Ofcom Website – https://www.ofcom.org.uk
Building Safety – The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – covenants which affect the property are within the Land Registry Title Register which is available for inspection.
Selective licencing area – Yes
Probate – NA
Rights & Easements – None known, check with seller
Flood risk – refer to the Gov website - https://www.gov.uk/check-long-term-flood-risk
Coastal Erosion – refer to the Gov website - https://www.gov.uk/check-coastal-erosion-management-in-your-area
Protected Trees – No
Planning Permission – Nothing in the local area to affect this property that we are aware of. Check with seller.
Accessibility/Adaptations – any alterations or conversions etc.
Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing. Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments. Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted. These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out these checks.
Tenancy
The property is sold with a long standing tenant in situ, currently producing £550 per calendar month (£6,600 per annum).
Rent is paid monthly via Housing Benefit directly to the managing agent, providing reliable and consistent income from day one.
The property is fully managed, offering a hands off investment suitable for landlords seeking a stable yield.
Based on the asking price, the property offers an attractive gross yield in excess of 8.5%, making it an ideal addition to an investment portfolio.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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