Option to buy within 10 years

4 bedroom house in Durham. 

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Figures: 

• Option to buy for £65,000 anytime within 10 years

• Last 3 bed house in the street sold for £82,000 this year. 

• Similar sized houses in the area on the market for £85,000. 

• Monthly payment to the seller of £400

• Could rent out for £658 per month based on LHA rates. 

• Could rent out for more on a room by room basis. 

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About the property: 

•  Freehold 

• Needs refurb.

• Could be used as a 3 bedroom house with reception and living room OR 4 bedroom house with living room.

• Double glazing and gas central heating. 

• Enclosed yard to the back of the house. 

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Ground Floor: 

• Entrance hallway

• Bedroom / reception room

• Living room

• Kitchen

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First Floor: 

• 3 bedrooms

• Bathroom​​​

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Location:​

Located in the village of Bowburn, close to local shops and amenities, only 3 miles to Durham city centre and close to A(M1) Motorway. 

• 7 minutes to Durham city centre.

• 9 minutes to Durham University. 

• 10 minutes to Durham Castle. 

• 20 minutes to Newcastle city centre. 

• 25 minutes to Middlesbrough. ​