Investment Opportunity! Two bed apartment SOLD TENANTED!

A ground floor apartment in a purpose built block in Carrville, with good access to amenities, transport links and retail parks. The property is being SOLD TENANTED, achieving £750PCM. The accommodation comprises lounge with french doors to Juliet balcony, kitchen, two bedrooms, master with en-suite shower room and bathroom. Allocated parking space. Ideal investment opportunity! NB: Auction House North East have not inspected the property, and the photographs were taken prior to the tenant moving in.

Tenure

Leasehold. 125 years from January 2005

Hall

with storage cupboard

Lounge 15'11 x 13'4

Kitchen 10'1 x 8'11

Bedroom 13'5 x 8'10

with En-Suite

Bedroom 11'1 x 7'8

Bathroom 8'5 x 4'11

Leasehold - 125 years from January 2005

We are informed that the current ground rent is £125 per annum and the Service Charge is £93 per month.

Tenancy

The property is being sold TENANTED. £750 per calendar month. 12 months from May 2024 - see copy in Legal Pack

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 City Council

Solicitors

SSW Solicitors, 15 Beach Road, Ref: SSW Solicitors, Tel: 0191 427 0770

Offered in association with

Your Move Chris Stonock

Additional Fees

Buyer's Premium - £1800 inc VAT payable on exchange of contracts.

Administration Charge - £1200 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.