*for sale by public auction on Tuesday 10th December 2019 at york sports club, shipton road, YO30 5RE at 6PM * guide price £40,000 - £50,000 * telephone bidding available *
portfolio of two flats - rare to the market - 15% rent yield potential ... Hunters are delighted to present to the market this exceptional Buy to Let portfolio of two flats. The Freehold accommodation briefly comprises of a ground floor flat with two double bedrooms and a first floor flat with three bedrooms. Each flat comes with a kitchen, lounge and bathroom. The first floor flat is in a wonderful condition and is in a ready to let condition, whilst, the ground floor flat is requiring refurbishment. To the rear there is a sizeable communal courtyard garden which is gated for secure off street parking. The property is situated within reach of the town centre amenities and facilities, local schools, colleges and the A19 which interlinks with the regions major conurbations including Hartlepool, Sunderland and the historic city of Durham. For further information regarding viewings and Hunters comprehensive lettings management facilities please contact your local Hunters Office located in the Castle Dene Shopping Centre in the heart of Peterlee. EPC: C & D respectfully. Agents notes It is rare to be offered the opportunity to acquire such an impressive portfolio of two flats in a block of four flats which comes with a freehold title. The ground floor flat is accompanied with a further first floor flat which is being sold by the same vendor and both flats have the potential to let for £425 pcm and £450 pcm respectfuly. For further information regarding Hunters comprehensive lettings management facilities please contact your local Hunters Office located in the Castle Dene Shopping Centre in Peterlee.
Communal entrance The main communal entrance offers glazed exterior doors to both front and rear elevations and a stairwell to the first floor.
Ground floor flat Communal main entrance, Private Entrance Hallway, Lounge 4.42m x 3.67m, Kitchen 4.27m x 2.26m, Bathroom 2.54m x 2.03m, Master Bedroom 3.90m x 3.64m, Second Bedroom 3.67m x 2.70m.
First floor flat Communal Entrance, Private Entrance Hallway, Lounge 4.40m x 3.65m, Kitchen 2.97m x 2.30m, Shower Room W/c 2.54m x 1.96m, Master Bedroom 3.93m x 3.71m, Second Bedroom 3.84m x 2.68m, Third Bedroom 2.39m x 1.80m.
External / secure parking At the rear of the block of four flats there are communal gardens made up of lawns and a central area of hard standage suitable for secure off street parking facilities for numerous vehicles with a gated access to the rear access road.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.