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    County Durham
    T: 01325 728333
    E: codurham@northgates.net
    Avenue House, Suite 3 Greenwell Road, Newton Aycliffe, DL5 4DH
    Teesside
    T: 01642 813222
    E: teesside@northgates.net
    14 Belasis Court Billingham TS23 4AZ
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    Lancelot Close, Newton Aycliffe, DL5 7QL

    Offers In Region of £120,000Freehold

    321
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    Property Calculators

    Property Value (£)
    Deposit (£) 10.00%
    Duration (Years)
    Interest Rate (%)

    Mortgage

    Estimated Monthly Mortgage Payment:
    £555 /mo.
    25 Years, 3.75% Interest
    Loan
    £108,000
    Total Repay
    £166,579

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £0
    0% up to £120,000
    Your effective stamp duty rate is 0%

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    Offers In Region of £120,000

    Lancelot Close, Newton Aycliffe, DL5 7QL

    3 Bedrooms2 Bathrooms1 Reception

    Key Information

    Tenure:Freehold
    Council tax band:B
    Broadband:up to 10000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Three-Bedroom Terraced Home in Popular Cobblers Hall
    Sold with Sitting Tenant in Situ – Ideal Investment Opportunity
    Current Rental Income £695 PCM – Gross Rental Yield of 6.95%
    Spacious Lounge with French Doors to Rear Garden
    Main Bedroom with En-Suite, Enclosed Rear Garden and Driveway Parking
    Energy Efficiency Rating: TBC

    Description

    We are delighted to present to the market this well-presented three-bedroom terraced home, situated within the ever-popular Cobblers Hall development in Newton Aycliffe. Offered for sale with a sitting tenant in situ, currently generating a rental income of £695 per calendar month (£8,340 per annum), representing an attractive gross rental yield of approximately 6.95% based on the asking price of £120,000. This property presents an excellent opportunity for investors looking to add to their property portfolio.

    The accommodation briefly comprises a welcoming entrance hallway, a convenient ground-floor WC, a fitted kitchen offering a range of wall and base units with contrasting work surfaces and integrated oven and hob, and a spacious lounge with French doors opening directly onto the rear garden, allowing plenty of natural light to fill the room.

    To the first floor are three bedrooms, including a main bedroom benefiting from its own en-suite shower room. The remaining bedrooms offer versatile accommodation, ideal for use as additional bedrooms or a home office, and are complemented by a family bathroom.

    Externally, the property benefits from a driveway providing off-street parking to the front. To the rear is an enclosed garden, mainly laid to lawn with a paved patio area, offering a pleasant outdoor space.

    Ideally positioned within the popular Cobblers Hall area, the property enjoys convenient access to local schools, shops, amenities and transport links.

    Hallway
    12'0" x 3'1" (3.67m x 0.95m)

    WC
    5'9" x 2'5" (1.76m x 0.76m)

    Kitchen / Diner
    11'11" x 8'9" (3.64m x 2.67m)

    Lounge
    11'11" x 14'11" (3.64m x 4.55m)

    Landing

    Bedroom 1
    10'10" x 9'5" (3.30m x 2.87m)

    En-suite
    5'8" x 5'3" (1.74m x 1.63m)

    Bedroom 2
    6'8" x 8'5" (2.04m x 2.57m)

    Bedroom 3
    9'4" x 6'2" (2.86m x 1.89m)

    Bathroom
    6'2" x 5'6" (1.89m x 1.69m)

    County Durham Branch

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