Residential · Terraced · Freehold

A Four Bedroom Mid Terrace House Subject to a Periodic Tenancy Producing £6,000 Per Annm

4 Milburn Street, Crook, County Durham, DL15 9DY

Property type
Terraced
Bedrooms
4
Bathrooms
1
Receptions
1
Tenure
Freehold

A four-bedroom mid-terrace house, freehold, arranged over ground and first floors. Subject to a periodic tenancy at £500 per calendar month (£6,000 per annum), with the tenant occupying for 16 years. Ground floor comprises a reception room and kitchen; first floor has four bedrooms and a bathroom. Exterior includes a rear yard.

Four bedrooms Freehold Rear yard Tenanted investment

Accommodation

  • Reception Room
  • Kitchen
  • Bedroom 1
  • Bedroom 2
  • Bedroom 3
  • Bedroom 4
  • Bathroom

Full description

A four-bedroom mid-terrace house arranged over ground and first floors, situated on a residential road close to local shops and amenities with numerous green open spaces within easy reach. Transport links are provided by the A68 and A689. The ground floor comprises a reception room and kitchen. The first floor is arranged with four bedrooms and a bathroom. The property benefits from a rear yard. The property is freehold and subject to a periodic tenancy at a rent of £500 per calendar month. The tenant has been in occupation for 16 years. The property has not been inspected by Auction House London. All information has been compiled by previous marketing particulars.

Financial Tools

Your estimated monthly payment
£166.75/mo
Deposit £10,000 (25%) Loan £30,000 Interest £20,025
Total cost £50,025 Total interest £20,025
Property price£40,000
Deposit25%
£10,000
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

Location

4 Milburn Street, Crook, County Durham, DL15 9DY
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