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Property for sale information

 
****CITY HEIGHTS, DARLINGTON****  
Reference nr: MG480005
Description:

City Heights presents an excellent opportunity to invest in the continually developing North East of England. With estimated completion in early 2008, there is limited time to invest in a corner of England that over the past five years has experienced capital growth consistently amongst the highest in the UK. With continuing inward investment, this trend looks set to continue.

Demand for accommodation, from both buyers and renters, continues to exceed supply - the perfect scenario for Buy-to-let investment.

Darlington is a very attractive town, with good lifestyle resources and is surrounded by the beauty of the Teesdale countryside. Ideally located for access to Newcastle, Middlesbrough and Durham, and with excellent road and rail links, City Heights is a very exciting opportunity.

Starting life as an Anglo-Saxon settlement and now renowned for its association with the birthplace of the railways, Darlington has moved with the times and is a modern city that mixes its historical past with contemporary entertainment and education.

Darlington is the gateway to the vibrant Tees Valley in North East England and is at the centre of one of the best transport infrastructures in the UK. Darlington railway station offers good local services with direct high speed connections to both London Kings Cross and Edinburgh, excellent road connections join North to South whilst Durham Tees Valley International Airport is located just six miles east of Darlington and offers a range of scheduled international services into the main European destinations.

City Heights is well located to offer easy access to many of Darlington's attractions, including in excess of 400 shops, the Edwardian Civic Theatre, contemporary Arts Centre, funky festivals, comedy clubs and public sculpture, all of which form part of the vivid cultural tapestry. Add to this the close proximity to the fresh air and countryside of the Tees Valley, first class road and rail links, a thriving local economy, quality housing and good schools, Darlington really is a vibrant place to live.

City Heights is an excellent investment opportunity with capital growth potential.

Bedrooms: Bathrooms: Price (€):
2 2 205,000
Features:
City
Submission Date:
02-26-2008
Advertiser Details:


Name:
Martin Godfrey

Company:
Imagine Homes

Phone:
0044 845 812 1000
Fax:

Mobile:
0044 845 812 1000

 
Property Photo Gallery

 

property photo
 
Calculators

 
Property price: €205,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations