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23-24 DURHAM ROAD, CHILTON
Available
£225,0005 Bedrooms
Property Features
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.
- FOUR SELF-CONTAINED ONE BEDROOMED APARTMENTS
- LOCATED IN THE HEART OF THE VILLAGE
- EXCELLENT TRANSPORT LINKS
- THREE OF THE APARTMENTS ARE CURRENTLY LET
- FREEHOLD PROPERTY
- EXCELLENT INVESTMENT OPPORTUNITY
Particulars
23A - GROUND FLOOR APARTMENT
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
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
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
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
We have been advised that the tenure of this property is FREEHOLD. This will be confirmed by a solicitor upon instruction of a sale.
51 High Street,
Spennymoor
DL16 6BB