top of page

REF_HKI2031

HKI2031- EXTERNAL.png

LEASE OPTION 

Bishop Auckland, DL14
1 Bedroom Apartment
HKI email signature - transparency.png

NO LONGER AVAILABLE

Option Price: 

Option Deposit:

Term: 

Option Payments PCM:

Est Rent PCM:

NET Profit PCM: 

NET Profit PA: 

​

​

​

We are proud to offer a fantastic lease option in Bishop Auckland, County Durham. 

​

The option to purchase is set over 6 years, which allows you to secure the property at today’s price without finance for the option term. This enables you to benefit from capital growth as well as surplus rental income during the 6 year term.  

​

This spacious one bedroom property is located not far from Bishop Auckland's town centre with a range of local amenities, schools and transport links to near towns and villages.

​

This property is situated on the ground floor with access via secure communal entrance to front.

 

The property comprises of a entrance hallway, open plan modern kitchen, spacious living/dining area with single patio door opening onto a grassed area, double bedroom and shower room. The property also boasts off street parking. The property could benefit from some refurbishment.

​

EPC Rating: C71

Lease: 120 Years

Service Charge: £450 PA

Ground Rent: £200 PA

*to be confirmed by solicitor

£39,000

£3,500

6 years

£200

£350

£115

£1,380

KEY FEATURES

​

Close to town Centre

Great Setting

Great Transport Links

Open Plan

Leasehold

Off Street Parking

HKI2031- Bathroom.jpg
HKI2031-Kitchen.png
HKI2031- Bedroom.png
HKI2031- External.jpg

FINANCIALS

HKI2031- Screen clipping.png

We insist any interested parties must satisfy themselves as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any commitment to participate. Click here for full disclaimer

Hotkey Invest Contact Us
Hotkey Invest An experienced and dynamic investment house here to help you develop your property investment strategy.

Thanks for submitting! We will be in touch shortly.

Hotkey Invest,
4 High Street, Wem, Shrewsbury, SY4 5AA
DISCLAIMER
IMPORTANT NOTICE: Hotkey Invest trading name for Hotkey Consultancy Ltd for themselves and for the lessors or vendors of this property whose agents they are give notice that:  1. No appliances, services or service installations have been tested and no warranty as to suitability or serviceability is implied. Any prospective purchaser or lessee is advised to obtain verification from their surveyor or solicitor.  2. The particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.  3. All descriptions, calculations, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representation of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them before making any commitment to participate.  Calculations have been rounded up or down accordingly. 4. No person in the employment of Hotkey Invest has any authority to make or give any representation or warranty whatsoever in relation to this property.  5. All rentals and prices are quoted exclusive of Stamp Duty, legal and surveyors fees and any other associated purchasers or lessees costs.  6.  Floor plans are indicative only and should not be relied on.  7. The map showing the boundary of the property postcode is indicative only and has not been checked against the legal title so should not be relied on.  8.  All dimensions, floor areas and site areas are only approximate and should not be relied on.  Dimensions are generally maximum room dimensions.  9. Hotkey Invest is not a regulated or licensed investment or financial advisor, therefore please seek independent financial advice.  10. Hotkey Invest is not a property management company for Serviced Accommodation, House of Multiple Occupation, Buy to Let and other, therefore please seek an independent management company before making any commitment to participate.  11. Hotkey Invest cannot be held liable for any losses whatsoever incurred as a result of any decisions made from relying on this report.
Disclaimer
bottom of page