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1/7
£150,000
7 bedroom Detached House for sale, Commercial Street, Brandon, Durham, DH7
Features and Description
- Flat One EPC grade D Council tax band A
- Flat Two EPC Grade C Council tax band A
- Flat Three EPC Grade C Council tax band A
- Three apartments
- Call to view
- £1,175 rent received per month
- Investment opportunity
- 10% potential yield
- Three individual tenanted apartments
- Views over green space
- Local amenities and transport links
- Only 3 miles from Durham City
- All under one freehold
FREEHOLD TITLE COMPRISING THREE UNITS:
1. THREE BED FIRST FLOOR FLAT.
2. TWO BED GROUND FLOOR APARTMENT.
3. TWO BED GROUND FLOOR APARTMENT.
INVESTMENT OPPORTUNITY - EXPECTED YIELD 7%
ALL UNITS CURRENTLY LET.
ONE FREEHOLD TITLE.
Enjoying a convenient location close to local shops and schools the property must be viewed to appreciate the investment potential offered.
NB There are currently tenants in all three properties on Assured Shorthold Tenancies.
1. £400pcm - November 2018.
2. £400pcm – Rolling month by month.
3. £375pcm – September 2018.
Flat One
Occupying the first floor with stairs up from the private rear garden to the rear. The flat consists of Three double bedrooms, a lounge diner, kitchen and bathroom.
Flat Two
Accessed privately by a gate to the left of the complex the flat consists of two bedrooms a bathroom and an open plan kitchen living dining area.
Flat Three
Entering through the front door into the hallway and then the open plan living area, there is access to the main hallway which has two bedrooms and a bathroom coming of it.
Flat 1
Occupying the first floor with stairs up from the private rear garden to the rear. The flat consists of Three double bedrooms, a lounge diner, kitchen and bathroom.
Flat 2
Accessed privately by a gate to the left of the complex the flat consists of two bedrooms a bathroom and an open plan kitchen living dining area.
Flat 3
Entering through the front door into the hallway and then the open plan living area, there is access to the main hallway which has two bedrooms and a bathroom coming of it.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Commercial Street, Brandon, Durham, DH7
Additional Information
-
Property refDCI230462
-
EPCC
-
TenureFreehold
-
Council TaxA
-
Local authorityDurham City Council
Reeds Rains Estate Agents Durham City
Do you have a property you need to sell?
Reeds Rains Estate Agents Durham City
Reeds Rains Durham City
81- 83 New Elvet, Durham, DH1 3AQ
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
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Borrowing £135,000 and repaying over 25 years with a 2.5% interest rate.
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