£55,000
2 bed flat for saleAddison Street, Crook DL15
2 beds
1 bath
1 reception
EPC Rating: D
Added on
About this property
Popular Location
Current Tenant Paying 500
Strong Rental Yield
Top Floor Apartment
Two bedroom
Council Tax Band A
Summary
Pattinson Estate Agents are pleased to offer this two-bedroom top-floor flat on Addison Street, Crook. Sold with a tenant in situ, the property is currently generating 500 per calendar month, making it an opportunity for investors seeking an existing rental income.
The accommodation comprises an entrance hall with storage, an open-plan kitchen and living room, two bedrooms and a bathroom with a shower over the bath. The flat is accessed through a communal entrance at the front of the building.
Crook town centre offers a range of shops, supermarkets, cafs and everyday amenities, with road links to Bishop Auckland, Durham and the surrounding areas.
At an asking price of 55,000, the current rent equates to a gross rental yield of approximately 10.9%, before costs. Please contact Pattinson Estate Agents for further information or to arrange a viewing.
Council Tax Band: A
Tenure: Leasehold
Length of Lease: 980
External
The flat forms part of a three-storey brick building on Addison Street, with access through a communal entrance at the front.
Living Room/Kitchen
A combined kitchen and living space with windows providing natural light. The kitchen has light wood-effect units, dark worktops, an integrated oven and hob, extractor hood and space for a washing machine. The living area has wood-effect flooring and room for seating.
Bedroom One (2.22m x 4.58m)
A bedroom with space for a double bed and freestanding storage. A window provides natural light, while a radiator and carpeted flooring complete the room.
Bedroom Two (3.14m x 2.44m)
A second bedroom with space for a single bed and freestanding storage. It has a window, radiator and carpeted flooring.
Bathroom (2.56m x 1.41m)
Fitted with a bath and shower over, glass shower screen, wash basin and WC. The room has tiled walls and flooring, a radiator and a frosted window.
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