1 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- Beautifully Presented Family Home
- Spacious and Well Presented
- Sold with a Tenant in Situ
- Quiet and Sought After Location
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.
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*DISCLAIMER
Property reference 271520. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Aycliffe Homes - Newton Aycliffe.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on May 4, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 4, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on June 27, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.