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).

Tenure

Freehold

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. Inner Hallway 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. Externally Enclosed yard to the rear accessed from the ground floor flat (43a).

Viewing

Please telephone 0191 9089691

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Durham County Council

Solicitors

Butterworths Solicitors, 3 Walker Terrace, Gateshead, NE8 1EB, Ref: Katie Richardson, Tel: 0191 482 1152

Additional Fees

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.