2 Bed Flat, Refurb/BRRR, Durham, DH1 4TZ, £450,000

St. Annes Court, Durham City, DH1 4TZ - 4 views - 2 years ago

Leasehold
Refurb/BRRR
ROI: 1%
~68 m²
+17 photos

ValuationOvervalued











Investment Opportunity



































Property History

Listed for £450,000

July 20, 2023

Floor Plans

Description

  • Grade II* Listed Ground Floor Apartment +
  • Requires Modernisation +
  • 2 Bedroom 2 Bathroom +
  • Stunning Living Room +
  • Gardens And Parking Space +
  • No Chain +

Occupying an extremely pleasant City Centre location, this spacious self contained Grade II* listed ground floor apartment that has the particular advantage of a private garden and designated parking space.

St Annes Court is believed to date back to the late 1600's and was once a former convent. It is a Grade II* listed building which has intricate plaster mouldings by the world renowned Giuseppe Cortese who worked on several of the country houses in the north east including Croxdale Hall, Elemore Hall, Aykley Heads between 1720 and 1760 . The property itself has been tastefully and sympathetically restored under direction of the planning department as well as English Heritage.

The property itself does require internal updating but has a fantastic and spacious floor plan comprising: large entrance hallway opening into a fantastic living room with moulded plasterwork and ornate cornicing with an imperious marble fireplace and door opening onto the private garden. There is a dining room, inner hallway with a door to the side garden and a kitchen. There are two en suite bedrooms and a separate wc. Access to an upper level via a pull down loft ladder which provides access to a large additional room and a cloakroom/wc. To the lower ground floor there are three curved brick ceiling cellars of varying different sizes and a walk in storage cupboard. Accessed from the communal area in the hallway of the apartment block there is a staircase which gives access to a secure and locked boiler room with an additional wc. Externally there is a fantastic city centre garden with a large patio area providing an idyllic seating area with the remainder of the garden predominantly laid to lawn with flowering shrubs and borders and there is an allocated parking space enclosed within the gated parking area.

The property is leasehold with a lease of 999 years commencing on the 1 January 2000 with a peppercorn ground rent. The current maintenance charge is £2,000 per annum paid quarterly in advance.

Agents Note: The property has had a small amount of Japanese knotweed. This has been professionally treated by Inspectas Land Remediation and is under a 10 year management plan.

Council Tax Band - F

Agent Details

J W Wood, Durham City

0191 625 0838

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