1 bed flat for sale

82 Gibbs Court, Chester Le Street, County Durham DH2

For sale by online auction on Tuesday, 13 Jan 2026 ending at 16:36

Buy-to-Let Opportunity | Tenanted | £6,900 Per Annum Income

Tenanted Investment Opportunity – £575 pcm

Offered for sale by auction is this well-presented one-bedroom ground floor flat, situated within the popular and established residential development of Gibbs Court, DH2 3DG.

The property is currently let and producing an income of £575 per calendar month (£6,900 per annum), making it an ideal buy-to-let investment for landlords seeking immediate rental return.

The accommodation extends to approximately 47 sq. Metres (505 sq. Ft.) and briefly comprises: Entrance hall, spacious living room, fitted kitchen, double bedroom and bathroom. The property benefits from double glazing and a practical layout, suitable for long-term rental demand.

Externally, the building is set within well-maintained communal grounds with a pleasant outlook. The location offers convenient access to local amenities, transport links and surrounding towns, supporting continued tenant demand.

Investment Summary:

Let at £575 pcm

£6,900 per annum gross income

Ground floor one-bedroom flat

Popular residential development

Ideal auction investment opportunity

Tenanted and income producing from completion

This property is recommended for investors seeking a straightforward, income-producing asset to add to their portfolio.

Viewing strictly by appointment.

Full legal pack available on request.Tenure: LeaseholdEPC Rating: C

Portrait Video Tour
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Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.