Park Road, South Moor, Stanley

£80,000

Guide price

  • Bedrooms: 3
*** ATTENTION OF ALL LANDLORDS AND CASH INVESTORS ***

A pair of traditional Tyneside style terraced flats available on one Freehold title. The properties have been subject to some recent refurbishments and are both currently tenanted with a total income of £8,100 per annum, offering a 10% Yield Return. They consist of a one bedroom Ground Floor flat and a two bedroom First Floor flat with shared front and rear yards

176B GROUND FLOOR FLAT

ENTRANCE LOBBY uPVC double glazed entrance door.

HALLWAY Access doors to the bedroom, bathroom and lounge/diner, radiator.

BEDROOM (TO THE FRONT) 14' 4" x 13' 2" (4.38m x 4.03m) A large room with uPVC double glazed window, radiator and new carpet installed.

BATHROOM 10' 11" x 7' 1" (3.34m x 2.18m) Panel bath with thermostatic shower over, WC, pedestal wash basin, radiator, uPVC double glazed window.

LOUNGE/DINER 14' 5" x 12' 8" (4.40m x 3.88m) Feature fireplace surround, radiator, uPVC double glazed window.

KITCHEN 9' 6" x 7' 1" (2.92m x 2.18m) Fitted wall and base units, complimentary work surfaces, tiled splash backs, slot in electric cooker, sink and drainer, plumbed space for a washing machine and space for a tall fridge/freezer, radiator, uPVC double glazed window and door to the rear yard, gas combi central heating boiler.

176A FIRST FLOOR FLAT

ENTRANCE HALL uPVC double glazed entrance door, staircase to the first floor landing.

LANDING Access doors to both bedrooms, lounge and bathroom. Door to a staircase to the loft for storage.

LOUNGE/DINER 14' 6" x 12' 6" (4.42m x 3.83m) Feature electric fire, radiator, uPVC double glazed window.

KITCHEN 9' 8" x 7' 3" (2.95m x 2.22m) Fitted with wall and base units, work tops with tiled splash backs, slot in gas cooker, sink and drainer, space for washing machine, uPVC double glazed window, step down to uPVC door to the rear fire escape.

BATHROOM 10' 10" x 7' 5" (3.31m x 2.27m) A spacious room with curved panel bath and screen, fully tiled splash backs with thermostatic shower over, WC, pedestal wash basin, fitted base units and cupboard housing the gas combi central heating boiler, uPVC double glazed window, radiator.

BEDROOM 1 14' 3" x 12' 6" (4.35m x 3.83m) A spacious room fitted with new carpet, radiator, uPVC double glazed window.

BEDROOM 2 9' 5" x 7' 5" (2.89m x 2.27m) uPVC double glazed window, radiator.

EXTERNAL Shared front and rear yards.

HEATING Gas fired central heating via combination boiler and radiators installed in both flats.

GLAZING Full uPVC double glazing installed in both flats.

VIEWINGS We have created a virtual tour which can be viewed on our YouTube channel, our website, property portals and our social media accounts such as Facebook, Twitter and Instagram. If you would like to view the property please ensure that you wear appropriate PPE and adhere to social distancing. We may need to restrict the number of people within the property at one time and limit time of the viewing to 15 minutes. Please do not attend if you have recently shown symptoms of the Covid-19 virus.

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

Arrange viewing 01207 438016

David Bailes Estate Agent

Anthony Street, Stanley, Durham, DH9 8AF

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