Rea Estates Property Sales - Investor Section

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50b Princes Street Bishop Auckland DL14 7AZ

Monday–Thursday: 9AM–5.30PM, Friday: 9AM–5PM
Saturday: 9AM–4PM

Investor Section

Fantastic three bed property in a nice area of Bishop Auckland. Mint condition. vendors want 70k. Woudl re nt overnight at £500 per month. Really is worth a look. either for investment or a starter home; really is exceptional. 

 

 

 

Fantastic opportunity for investors- Linden Terrace Ferryhill. Sound property needing a little maintenance and would be a good rental . Asking Price £49,950 ono 

 

Lovely little property in Arthur Terrace , Bishop Auckland. Needs a wee bit of TLC . Asking price 50k . Worth a look 

 

 

Durham City Sought After Investment !!1

9 Dalton Crescent DH1 4FB

Currently one family in the property on a monthly contract

Looking for £360.000 for property.

Corner plot and we have had permission from the council and highway agencies to drop the kerb and make driveway bigger which can now hold 4 cars easy so perfect for MO. The work has been done.

 

 

 

 

 

 17 Greenfields road, Bishop Auckland; refurbished property with good tenants. £65,000 - really good area. 

Just received today !!! Beautiful one bedroomed apartment in a modern building rented for £400 per month.  50k !!!

 

3 Properties fully managed and come complete with good tenants. All three have electric certificates, gas safety's, fully licensed.

19 Fern Ave Stanley--SOLD

15 John St , Stanley- SOLD

11 Spencer St, Eldon - SOLD

 

rental return is over 10%. Purchase price £120,000 for the three !!! 

 

Available for immediate sale due to retirement. A portfolio of five properties from one vendor. The condition of these properties can only be described as exceptional ; excellent tenants with no arrears. Contact us for details on price . To be sold as one portfolio or individually. Simply to purchase and collect the rent.

Properties for investment are:-

8 Nelson street DL14 7DG , Rent £450.00  Asking £78,000.00,2 bed mid terrace, tenant there 11 years. Mint 

65 Surtees Street dl14 7DJ , Rent £430.00 Asking £74,000.00,2 bed mid terrace, TENANTED. Mint Condition.

110 St Andrews Road DL14 6RU Rent is £430.00, Asking price  £77,000.00. 3 Bed Mid Terrace long term working tenants

2 St Chads, South Church DL14 6TE Rent is £430.00- £79,950.00, 3 bed Mid terrace, mint property working tenants.

25 Oak Terrace - Rent £430.00- Beautiful property with excellent tenants . -  £80,000.00, 3 bed terrace in good area

£388,950 for the whole portfolio 

354 Cowpen Road,Blyth,NE24 5N2 bedroom end terrace, gas heating, pvc windows. Tenant there since September 2017, on Universal Credit, monthly rent £350, Asking price £55,000

7 Tay Street, Chopwell ,NE17 7DG 2 bedroom mid terrace, gas heating, pvc windows, felt on flat roof kitchen recently replaced, Single tenant there since May 2020, on Universal Credit, monthly rent £325. Asking price £55,000

9 Murray Street, Horden, SR8 4EL, 3 bed Terrace, £40,000

5 Sea View, Peterlee, SR8 3EJ. 2 Bed Terrace, £40,000

4 Dickins Walk Peterlee SR8 5SA, 2 Bed Terrace , £60,000

4 Galashiels Square Sunderland SR4 8JH, 2 Bed Semi Detached, £65,000- SOLD

15 Yoden Road Peterlee SR8 5HR, 2 Bed Terrace, £50,000

For quick sale - 17 chapel Street , West Auckland , DL14 9HP. Long term sitting tenant; rent £400 per month - £55,000 ! SOLD

 

  Portfolio for sale in Gateshead:

49 Hydepark Street £65,000 rent £455 per month

11 Axewell Terrace  £65,000 rent £495 per month

71 Park Terrace.......£75,000 rent £495 per month

73 Park terrace........£75,000 rent £495 per month

167 Eastbourne Ave..£69,950 rent £475 per month

203 Victoria Road ....£64,950  rent £495 per month

35 Lanchester Ave....£90,000  rent £595 per month

 

Total price of portfolio is £594,400

Rental income is............£3,505 per month.

17 Bell Street, tenant in place . Has been there 13 years. One bed terraced property . rent £300 per month at the moment. 

3 Burnell Rd, esh Winning. refurbished ; tenanted at £450 per month £57,000

 

 

 

Property search

You have all been so professional and helpful whilst selling my Mam and Dads house on their behalf, under what can only be described as a difficult decision for us as a family.  Both Sue and yourself have helped us in every way possible and we can’t thank you enough. Everything went through exactly as was stated in the conversations and emails we had with yourselves and I certainly wouldn’t hesitate to recommend to anyone who’s thinking of selling their family home.

 

Jackie 

On behalf of 

Lawrence and Joan Hunt

 

Jackie Cleminson, vendor - 01/08/2021

Thanks for your help & support in our recent purchase of this property - I have to admit that we have been really impressed with your helpfulness and responsiveness to any queries we have raised; a refreshing change to my usual view and experience of estate agents.  If anyone is asking for Estate Agent recommendations in the Bishop Auckland area, then I'll certainly be pointing them in your direction.

Anon - July 2021

Rea Estates were extremely professional and efficient throughout the sale of our house. A big thank you to Susan, who was always on hand to guide us and answer all our questions. Nothing was too much trouble and she progressed the sale smoothly and very quickly. In today's turbulent market it all went without  a hiccup, thanks  again Rea Estates, you will be our first choice if we ever need an Estate Agent in the future. 

Karen Wager, vendor - 03/08/2021

Rea Estates, in particular Susan and William, provided exceptional service and support during our recent sale process. From the outset their proactive, professional, hands-on approach put us at ease and this level of service was consistently maintained. We were regularly updated as the sale progressed and provision of this information was greatly appreciated, they provided a resourceful link between all parties. Without a doubt we will use Rea Estates again and cannot recommend highly enough. Thank you so much Rea Estates!
Comment on agent fees
Very happy with the fee

Adam Wells
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