Obviously there aren't many peoperties coming to market at the present time, but this one caught the eye
ROWAN COURT, SPENNYMOOR, SPENNYMOOR DISTRICT
http://www.rightmove.co.uk/property-for-sale/property-49695116.html
It's a 3 bedroom semi-detached house in Rowan Court and the asking price is Offers In The Region Of £106,995. I've spoken many times about portal pricing and ensuring that the marketing gives the property it's best chance. This would be at £100,000 or £110,000 and NOT at an odd price point such as £106,995.
Add to this, the photography could have been carried out in better light. But if you can look past this you may find a good property.
It looks well-maintained and from the photos and description of the property doesn't appear to require a lot of work. For landlords this is a plus. I'd expect a monthly rental of between £525 and £600. This relates to a gross annual return of between 5.8% and 6.7%, based on the asking price. This is a reasonable rental return and the fact that the property is 3 bedrooms will probably make it more attractive than the 2 bedroom properties currently available for rent.
It's worth a look for the investor.
long term let wanted in Spennymoor area for adult family of 3 with health and disability problems must have garden off rd parking or garage. Must like Housing bens due to disabilities n pets. Need to move closer to friends and family for support currently in 3 bed house which is making situation worse due to hard to heat up due to landlady not putting double glazing in still have old metal windows and a pain to get repairs done. We are a family looking for long term let. We will look after your property and not damage can give personal reference from friends n family but not landlady as she is a nightmare. we need 3 bed house or bungalow myself and partner have problems with mobility. My cousin also lives with us after losing her mum last yr. She suffers from socialy anxiety and depression. Partner also has weekend access to teenage son. I cant take another winter of snow in this house due to Arthritis in hands, back, hips, legs and knees and partner has it in legs and back and he also broke his back years ago which gives him problems at the minuet.
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