Presented by : Dowen Spennymoor : To View, Telephone 01388 819900

£225,000 23-24 DURHAM ROAD, CHILTON DL17 0EX Available

5 Bedroom Block of Apartments

<p>EXCELLENT INVESTMENT OPPORTUNITY!! A block of FOUR INDEPENDENT APARTMENTS in the village of Chilton which is located approximately 9 miles south of Durham City and is just five miles from the A1m. The FREEHOLD property is split into four, self-contained apartments (two ground floor, two first floor) three of which are currently let on periodic tenancies. 23a is a one bedroom, ground floor apartment with a rent of £375pcm. 23b is a first floor apartment with one bedroom and has a current rent of £415pcm. 24a is a one bedroom ground floor apartment which has a current rent of £350pcm. 24B is a one bedroom first floor apartment which is currently vacant and would also attract a monthly rent of £425pcm. Each of the apartments has a large, open plan living room and kitchen area, a double bedroom and a bathroom. 24a also has a good-sized, additional room to the rear which has a door to a rear yard area with timber decking. Viewing is strongly recommended on this rare to the market, investment opportunity.</p>

23A - GROUND FLOOR APARTMENT 5 CURRENTLY LET ON A PERIODIC TENANCY WITH A RENT OF £375PCMThe accommodation has a total floor area of 33 square metres (355 square feet) and consists of - A large, open plan lounge/dining areaA modern kitchenOne double bedroomA bathroom

23B - FIRST FLOOR APARTMENT 5 A BEAUTIFULLY PRESENTED FIRST FLOOR APARTMENT WHICH IS LET UNTIL THE 6TH OF APRIL 2025 AT A RENT OF £415PCM.The accommodation has a total floor area of 44 square metres (474 square feet) and consist of - A ground floor entrance hallA large open plan lounge/dining areaA modern kitchenA double bedroom with fitted wardrobesA modern bathroom

24A - GROUND FLOOR APARTMENT 5 A WELL PRESENTED, TWO BEDROOM APARTMENT WHICH IS CURRENTLY LET UNTIL JUNE 2025 AT A RENT OF £350PCM. The accommodation has a total floor area of 42 square metres (452 square feet) and consists of - A large, open plan lounge/dining/kitchen areaTwo bedroomsA modern bathroom

24B - FIRST FLOOR APARTMENT 5 CURRENTLY VACANT - A TWO BEDROOM APARTMENT WITH AN EXPECTED RENT OF £425PCMThe accommodation has a total floor area of 54 square metres (581 square feet) and consists of - A ground floor entranceA large, open plan lounge/dining/kitchen areaTwo bedrooms (one with fitted wardrobes)A modern bathroom

TENURE 5 We have been advised that the tenure of this property is FREEHOLD. This will be confirmed by a solicitor upon instruction of a sale.

WE CANNOT VERIFY THE CONDITIONS OF ANY SERVICES, FIXTURES, FITTINGS ETC AS NONE WERE CHECKED. ALL MEASUREMENTS APPROXIMATE. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON ANY MORTGAGE OR LOAN SECURED ON IT. These are draft particulars awaiting vendors approval. They are relased on the understanding that the information contained may not be accurate.