A Pair of Flats Let For £700 PCM
Offering a 12.96% Yield on guide this investment opportunity must not be missed! This large end terraced property, currently sub divided to create two self contained flats each let for £350pcm, consisting of a 2 bedroom ground floor flat and a 1 bedroom first floor flat, both having been recently refurbished to a good specification. Great location within walking distance of Houghton-le-Spring town centre, fifteen minutes drive from Durham City, ten minutes drive from Sunderland City Centre and easy access to both the A19 and A1(M).
43a Gertrude Street - Ground Floor Flat Let for £350 per calender month.
Lounge 14' 3'' x 13' 5 (4.34m x 4.09m) Central heating radiator.
Bedroom 1 11' 4'' x 8' 9 (3.45m x 2.66m) Central heating radiator.
Bedroom 2 12' 8'' x 9' 2 (3.86m x 2.79m) Cupboard housing central heating boiler, central heating radiator.
Kitchen 10' 4'' x 8' 4 (3.15m x 2.54m) Wall and base units.
Utility room Door to the rear yard and central heating radiator.
Bathroom 8' 11'' x 5' 3 (2.72m x 1.60m) White suite, bath, low level wc, pedestal wash hand basin.
43 Gertrude Street - First Floor Flat Let for £350 per calendar month
Entrance Hall Stairs to the first floor.
First Floor Landing
Lounge 12' 11'' x 12' 9 (3.93m x 3.88m) Feature fireplace and central heating radiator.
Kitchen 10' 2'' x 8' 4 (3.10m x 2.54m) Wall and base units, central heating boiler and central heating radiator.
Bedroom 1 13' 2'' x 12' 8 (4.01m x 3.86m) Central heating radiator.
Bathroom 8' 8'' x 8' 7 (2.64m x 2.61m) White suite, bath, low level wc, pedestal wash hand basin and central heating radiator.
Enclosed yard to the rear accessed from the ground floor flat (43a).
Please telephone 0191 9089691
Energy Efficiency Rating (EPC)
Current Rating C
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Durham County Council
Butterworths Solicitors, 3 Walker Terrace, Gateshead, NE8 1EB, Ref: Katie Richardson, Tel: 0191 482 1152
Buyer's Premium - £1000 inc VAT payable on exchange of contracts.
Administration Charge - £900 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please call Auction House North East on 0191 908 9691 to arrange a viewing