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£425,000

Cambridge Court, Bishop Auckland, DL14

  • 20 beds
Flat

£425,000

  • 20 beds
Flat
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Estimate monthly mortgage payment:

£1,940 per month

Minimum deposit amount:

£21,250
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AMAZING INVESTMENT OPPORTUNITY FOR SALE VIA AUCTION We are delighted to present the opportunity to own 10 2 bedroom flats in a developing area, with a gross return of over £54,000! Thats a 12.9% return! The flats are positioned in Cambridge Court, this is on the outskirts of the developing Tindale area of Bishop Auckland. The flats income are as follows and are also available as individual purchases: Flat 50-385pcm Flat 51-400pcm Flat 79-425pcm Flat 80-475pcm Flat 81-465pcm Flat 82-500pcm Flat 83-450pcm Flat 84-500pcm Flat 85-450pcm Flat 86-500pcm Currently being readvertised at £525pcm This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

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£1,940 per month
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£0
Mortgage and legal costs:
£999
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