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Property Listing Details

Property details

  • 5 bedrooms

Features

  • Exclusive portfolio of 2 flats
  • 15% rent yield potential
  • Freehold title
  • 3 bed first floor flat
  • 2 bed ground floor flat
  • Lounge in each flat
  • Kitchen in each flat
  • Bathroom in each flat
  • Secure parking
  • EPC: C and D

Listing view statistics

Last 30 days: 250 page views

Since listed: 642 page views

Description

*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.

Ground floor flat hall

ground floor flat lounge

ground floor flat dining kitchen

ground floor flat bathroom

ground floor flat master bedroom

ground floor flat second bedroom

1st floor flat hallway

1st floor flat lounge

1st floor flat kitchen

1st floor flat bathroom

1st floor flat master bedroom

1st floor flat second bedroom

1st floor flat third bedroom

EPC

You could get

Superfast broadband Superfast broadband

Up to 43.7 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Seaham 5 miles
  • Hartlepool 7.3 miles
  • Seascape Primary School 0.1 miles
  • Dene House Primary School 0.7 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Seaham 5 miles
  • Hartlepool 7.3 miles
  • Seascape Primary School 0.1 miles
  • Dene House Primary School 0.7 miles

Market stats

Sale activity

Average estimated value for a flat in SR8:

  • £64,654
  • Price increase

  • £1,433
  • (2.267%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £48,500
  • Properties sold

    2

Rental opportunities

Not known

Recent sales nearby

See all recent sales in SR8
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Estimated running costs

Based on available 3rd party data

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The Agent

Price history

Sold prices provided by Land Registry
19th Nov 2019 £40,000 Price reduced by £30,000
6th Oct 2019 £70,000 First listed
12th Mar 2019 £34,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Hunters - Peterlee. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hunters - Peterlee for full details and further information.