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This property was removed from Dealsourcr.

2 Bed Flat, Potential PLO/LOA, Chester-le-Street, DH3 1LD £75,000

15 Flanders Court, Chester Le Street, Tyne And Wear, DH3 1LD - 8 views - 2 years ago
  1. Deal Search
  2. Chester-le-street
  3. DH3
  4. DH3 1LD
Sold STC
Leasehold
Negative Equity
ROI: 8%
~50 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Property History

Listed for £75,000

-67%

May 8, 2024

Sold for £125,000

2008

Floor Plans

Description

  • No Chain Involved +
  • Can be sold with tenant in situ +
  • Paying 650pcm; gross yield of 10.4%. +
  • Approx. Floor Area 646 sq FT or 60 sq M +
  • Council Tax Band A +
  • EPC RATING C +

First floor flat with no chain involved ideal for first time buyers or investors alike. Allocated parking bay. Pleasant outlook.

The flat is available with vacant possession OR with a tenant in-site currently paying 650pcm which would give you a gross yield of 10.4%.

PLEASE NOTE: the photographs are from June 2022.

We understand the property is on a 155 year lease from April 2007 leaving approx. 137 years at the time of listing with a monthly service charge of £130 and an annual ground rent of £155 (Full details will be confirmed by solicitors)

Comprises: entrance hall with storage, spacious lounge/dining room, Kitchen with built in oven and hob, plumbing for washing machine and fridge/freezer, dual aspect double master bedroom, second bedroom with built in cupboard, part tiled bathroom with white suite, shower over bath and heated towel rail.

The property is warmed via electric heating and benefits from double glazing and telephone entry system.

Externally there is a allocated car parking space to the rear with ample visitor parking.

The property is ideally located for all local amenities within Birtley Town Centre including schools, restaurants and leisure facilities. The nearby A1M connects to most majors routes making this an ideal base for commuting.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

QLF220211/2

Agent Details

YOUR MOVE Chris Stonock, Low Fell

0191 625 1052

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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