Sold £140,000
- Flat
- 4 Bedrooms
- Tenure: See Legal Pack
Call the team on 01228 510 552 for more information
Residential investment property - 2 two bed flats
A substantial, freehold, sandstone, corner property comprising 2 two bedroomed self contained flats - 1 currently let - situated in a convenient area close to the town centre and all amenities. The ground floor flat is currently let on an unfurnished Assured Shorthold Tenancy giving an immediate income of £450 per month. The upper flat is vacant and ready for immediate occupation. Each flat is well appointed with combi gas central heating and uPVC double glazing and they are capable of producing a gross yield of around 9% (in the middle of the guide) when both flats are let.
Tenure
See Legal Pack
Ground Floor Flat
Corner Sitting Room - 15'6 x 9'6 with uPVC door, front & side windows and laminated wood floor; Kitchen - 17'3 x 7'max with range of units, built in oven & hob, breakfast bar and understairs cupboard; Bedroom 1 - 11'9 x9'9 with laminated wood floor and En-suite Shower Room with shower, basin & WC; Bedroom 2 - 10' x 8' with laminated wood floor; Bathroom - 7'9 x 5'6 with bath, basin & WC.
First Floor Flat
Ground floor hallway with stairs up to:- Landing; Corner Sitting Room - 14'9 x 9'6 with front & windows and feature gas fire; Dining Kitchen - 14'3 x 8'3 with range of units and built in oven & hob; Bedroom 1 - 17'3 x 9'max with deep built in wardrobe; Bedroom 2 - 9' x 7'3; Shower Room - 6'3 x 5'6 with shower. basin & WC.
Outside
Shared yard with passage to side street.
Viewing
Please telephone 01228 510552
Energy Efficiency Rating (EPC)
Current Rating TBC
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Eden District Council
Solicitors
Butterworths Solicitors, 3 Walker Terrace, Gateshead, NE8 1EB, Ref: Katie Richardson, Tel: 0191 4821152
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £720 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
