House in Durham. 

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Figures: 

• Option to buy for £60,000 within 10 years
• Grace period of one month.
• 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 £375
• Could rent out for £658 per month based on LHA rates. 
• Could rent out for more on a room by room basis. 
• 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. 
• Ground Floor: 
• Entrance hallway
• Bedroom / reception room
• Living room
• Kitchen

First Floor: 

• 3 bedrooms
• Bathroom​​​​

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.