Prime Property Agents London, Manchester, Nottingham, Sheffield, UK Below Market Value Investment Deals

Bishop Auckland Apartments from £42,000

pdf property information pack2 bed apartments in Bishop Auckland, Durham from £42,000

Map

For a free PDF information pack enter your details below:

Or call 0115 985 3964 to discuss this deal in person.

Bishop Auckland Apartments

With a population of just under 25,000, Bishop Auckland is the largest town in the south of County Durham. It lies just 12 miles from Darlington to the South East and a similar distance from Durham to the North East. It has excellent road and rail links to both of these urban areas, which are benefiting from considerable investment from both public and private sec-tors. Keen to revitalise their economies, the respective local authorities and economic de-velopment partnerships are in the process of establishing centres of excellence for many fast-growing, high0tech industries, thereby raising realistic expectation of new growth, new jobs and new demand for accommodation.
One of the most significant developments in the region was the UK government’s decision to award a £4.5 billion commercial contract to Hitachi Rail Europe, which will now be re-sponsible for the manufacture of the country’s next generation of high speed intercity trains. In itself, this will spawn a whole new supply chain and thousands of associated jobs but is by no means the only large positive change of which investors should be aware.

Elsewhere, millions are being invested in new transport infrastructure and high speed broadband. New industrial parks and Business Improvement Zones are springing up and pri-vate developers are committing large sums to commercial, retail and hospitality projects. Durham University is supporting new growth industries, the European Union has awarded millions in economic development funding and dynamic new employers are being drawn in as a result of government funded programmes such as the High Value Manufacturing Catapult.

Right across the area, there are signs of growth and investment in high value industries – the success of which will buoy up local economies, pull in new workers from outlying areas and thereby boost demand for affordable accommodation.

As a town that lies within easy commuting distance of both Durham and Darlington, Bishop Auckland is exceptionally well placed to benefit from these changes.

As national property prices continue to rise and as the local economic impact of all this new investment begins to be felt, so the market will respond. As a result, the window of opportunity, for low priced high yielding investment will not remain open for long.

Key Investment Facts

  • Priced from just £42,000
  • Over 28% Discount from a recent RICS valuation
  • All 2 bedroom Apartments – Circa 700 Sq Ft
  • A highly Affordable investment Opportunity
  • Major investments will give rise to thousands of new jobs
  • Invest from just £12,600
  • Excellent prospects for long term capital appreciation
  • Limited opportunity to invest with finance*
  • Units already tenanted and income producing from day 1

Bishop Auckland

Bishop Auckland

Bishop Auckland

Bishop Auckland

For a free PDF information pack enter your details below:

Or call 0115 985 3964 to discuss this deal in person.

Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.

Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.

Comments are closed.

Discounted BMV Investment Properties For Sale in England & Wales