Sillars says ..
Conveniently located property with two self-contained one-bed flats, generating £750 PCM in rental income. 13% gross yield, compliant tenancies, and outdoor space. Ideal hassle-free investment opportunity with great returns. Viewing highly recommended.
Property Oracle says ..
This property is located in Bishop Auckland, County Durham. The area benefits from nearby train stations such as Shildon (2.25km) and Bishop Auckland (4.27km), providing convenient access to commuting options. Several primary schools with outstanding Ofsted ratings are within a reasonable distance, making it potentially attractive to families. However, the provided images suggest the property is in need of some modernisation and updating. The small rear yard is mainly paved. The list price is below the average price for the area; however, given the condition and lack of information regarding the square footage, it is difficult to definitively assess its value. Further information on the property size would be needed to make a more accurate assessment of the price.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 2
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 144,643.00 £Increased by 54.88 %
- Average area rental value
- 667.00 £/moIncreased by 29.01 %
- Est rental Yield
- 5.53 %Decreased by 16.72 %
- Crime Rate
- 19.00 %Unchanged by 0.00 %
Agent Activity
Sillars created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Prince Bishops Community Primary School | Community School | Outstanding | 1.05 KM |
| St John'S Church Of England Aided Primary School, Shildon | Voluntary Aided School | Outstanding | 1.48 KM |
| Thornhill Primary School | Community School | Outstanding | 1.76 KM |
| Timothy Hackworth Primary School | Community School | Good | 2.19 KM |
| St Joseph'S Catholic Primary School, Coundon | Academy Converter | 2.36 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Saint Marks Court | £ 77,500 | 0 | 0.00 KM |
| St. Marks Court | £ 0 | 0 | 0.00 KM |
| Grange Hill | £ 0 | 0 | 0.00 KM |
| Saint Phillips Close | £ 250,000 | 0 | 0.00 KM |
| St Phillips Park | £ 90,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Shildon | 7893 | SHD | 2.25 KM |
| Bishop Auckland | 7835 | BIA | 4.27 KM |
| Newton Aycliffe | 7834 | NAY | 6.70 KM |
| Heighington | 7887 | HEI | 8.50 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Close House, Bishop Auckland, DL14 | £ 65,000 | BUY | 4 / 10 | 0.00 KM |
| 23, Close House, Bishop Auckland, County Durham, DL14 | £ 23,000 | BUY | 4 / 10 | 0.12 KM |
| 21 Close House, Bishop Auckland, DL14 8RR | £ 6,000 | BUY | 4 / 10 | 0.12 KM |
| Close House, Bishop Auckland, DL14 | £ 7,000 | BUY | 4 / 10 | 0.13 KM |
| Heslop Street, Close House, Bishop Auckland | £ 46,000 | BUY | 5 / 10 | 0.22 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 59 Close House | £ 28,500 | 0.00 KM |
| 43 Close House | £ 82,999 | 0.00 KM |
| 42 Close House | £ 39,749 | 0.00 KM |
| 40 Close House | £ 43,000 | 0.00 KM |
| 49 Close House | £ 22,500 | 0.02 KM |