2 Bed Flat, Potential PLO/LOA, Durham, DH1 1EL, £100,000

3 Taylor Court, Durham, DH1 1EL - 7 views - 3 years ago

Leasehold
Negative Equity
ROI: 5%
54 m²
+5 photos

ValuationOvervalued











Cashflows



































Local Area Statistics

Population in DH1

49,938

Population in Durham

124,445

Town centre distance

2.26 miles away

Nearest school

0.30 miles away

Nearest train station

2.46 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £100,000

-16%

June 13, 2022

Sold for £115,500

2007

Description

  • Two bedrooms +
  • Ground floor +
  • Potential rent £575pcm +
  • Executive apartment +
  • 12 Minutes by bus to Durham City & Close to A1(M) +
  • No forward chain +

Pattinson Estate Agents welcome for sale this executive ground floor apartment approximately 12 minutes by bus (Google maps) from Durham City centre and close to the A1(M) / A690. Well presented throughout, this apartment briefly comprises: Security door to communal entrance, hallway, open plan lounge/diner, fitted kitchen, bathroom/WC, two double bedrooms, en-suite shower room to master and a separate bathroom. In addition, the property has gas central heating and double glazing. Externally there is an allocated parking space and communal gardens.
This property is currently tenanted at £575pcm and would make a wonderful rental investment opportunity or likewise first time buy.
For more information or to arrange a viewing, please call our office on .

*Please note, advertised photographs were taken prior to current tenant moving in, therefore internal viewing comes recommended.

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 108
Annual Ground Rent Amount: £100.00
Annual Service Charge Amount: £1,372.00

Agent Details

Pattinson Estate Agents, Peterlee

0191 625 0949

Next Steps?

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