FREEHOLD NEWBUILD HOUSES | PRICES FROM JUST £135,950 | ROI UP TO 17.84%
£135,950
Newport
1 FREEHOLD NEWBUILD HOUSES | PRICES FROM JUST £135,950 | ROI UP TO 17.84%
Sequre are excited to share with you a rare opportunity to invest in a below market value freehold property. These newly built three-bedroom houses in Bishop Auckland represent incredible value with Sequre negotiating heavily discounted prices from just £135,950, this being a 20% discount from current open market values. With similar properties previously selling for significantly more on the same estate, this is an incredible opportunity to purchase newly built property at a discounted price.
The properties themselves are perfect family homes. Featuring a light, spacious living area with modern kitchen and diner, the downstairs also boasts gorgeous French doors leading to the rear garden. Upstairs has two double bedrooms, a family bathroom, and a master with en-suite, so there is ample space throughout with flooring and whitegoods included that completes the property. You can view both internal and external videos of the properties here.
The area of Bishop Auckland has a very bright future. Bishop Auckland has been successful in their Stronger Towns Programme application and is set to receive almost £20m to improve hospitality, leisure, and transport. As part of wider investment into the town, this in turn is set to boost the economy by up to a staggering £240m, with over one million additional visitors expected, creating thousands of jobs in the process. Bishop Auckland has already recently received £200m worth of charitable donations, focused on restoring valuable attractions and boosting local businesses and recreational activities.
Perfectly positioned within walking distance to the town centre, tenants have supermarkets, restaurants, cafes and even a retail park nearby. Bishop Auckland Hospital is also only a 5-minute drive away. Just a 40-minute drive into both Newcastle and Sunderland and with fantastic transport links via Bishop Auckland train station and multiple local bus stops, the properties are perfectly positioned for tenants.