Guide price

£60,000

2 bed flat for sale
Woods Terrace, Murton, Seaham SR7

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: D

Auction
Added on 01/11/2024

About this property

  • Investment Opportunity

  • Rent Income 500pcm

  • Rental Yield 9.23%

  • 2 Bed 2 Bath Upper Flat

  • Minimum 3 Year Rental Lease

Summary

Attention investors .. Tenanted invesment

Sold via online auction

Sold with a sitting tenant paying 500pcm (9.23% yield), with a minimum 3 year lease, managed locally (no managment fee). All certificates in place.

A deceptively spacious two bedroom first floor flat, situated on Woods terrace in Murton within close proximity to shops, schools and a bus route on the doorstep.

The internal layout comprising of: Communal entrance via a security door and stairs to first floor apartment. Entrance porch, open plan kitchen/lounge, two bedrooms, master having en-suite shower room and family bathroom. The property benefits from gas central heating and double glazing throughout.

Externally across the street is a car park that can be used for parking.

Council Tax Band: A
Tenure: Leasehold

Communal Entrance

Via a security door and stairs to apartment entrance

Entrance Hall

Via a secure door and double doors to:

Lounge Dining

Open plan area, with two radiators, carpeted flooring and double glazed windows to the front aspect.

Kitchen (8.1m x 3.8m)

Fitted with wall and base units with contrasting work surfaces incorporating a stainless steel sink and drainer with mixer tap, built-in eye level electric oven, gas hob and chimney extractor, space for fridge/freezer, plumbing for washing machine, spotlights to ceiling, ceramic tiled flooring, two central heating radiators, two upvc double glazed windows

Bedroom One (4.3m x 2.2m)

Useful storage cupboard, central heating radiator, three Upvc double glazed windows, loft access (clock tower)

En-Suite

Fitted with a white suite comprising of: Fully tiled shower cubicle with electric shower, vanity handwash basin, low flush wc, splashback tiling, ceramic tiled flooring Upvc double glazed window

Bedroom Two (2.8m x 2.1m)

Central heating radiator, two Upvc double glazed windows and carpeted flooring.

Family Bathroom

Fitted with a white suite comprising of: Panel enclosed bath, pedestal handwash basin, low flush wc, splashback tiling, ceramic tiled flooring, chrome towel heater, spotlights to ceiling, extractor

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Monthly repayment

£300 per month

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