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Available
£113,000Offered for sale through the Modern Method Of Action (Terms and Conditions Apply). Please visit www.iamsold.co.uk for full details.
Investment Opportunity – Pair of Self-Contained Flats with Freehold
A rare opportunity to acquire a pair of self-contained flats with freehold ownership, offering an excellent investment prospect with a potential gross rental yield exceeding 10%.
Ground Floor Flat:
This well-presented one-bedroom flat features a spacious double bedroom, a generous reception room, and a modern refitted kitchen and bathroom with shower over bath. The property benefits from gas central heating via a combi boiler, double glazing throughout, and newly laid flooring in all main rooms. Private front and rear access is provided, along with off-street parking to the rear.
First Floor Flat:
The upper flat comprises two bedrooms, a bright and spacious reception room with open-plan access to the kitchen, a front entrance hall with stairs to the first-floor landing, and a rear hallway leading to the bathroom and external stairs down to the rear yard, which also provides off-road parking. Cosmetic updating required
Additional Benefits:
Sold with the freehold to the building
Both flats included in the sale
Ideal location close to local shops, schools, and amenities with regular bus services nearby and just 2 miles from the City Centre and mainline Railway Station, enhancing the attractiveness for potential tenants.
This is a superb opportunity for buy-to-let investors seeking strong rental returns in a well-connected and popular residential location.
3b Old Elvet,
Durham
DH1 3HL