This property is no longer on the market
4 bedroom flat
Key information
Property description & features
- Tenure: Freehold
- Block of Four 1 Bedroom Flats
- All Flats are Tenanted
- Total Rent £1,700 pcm (11.33% Yield)
- UPVC Double Glazed
- Gas Combi Central Heating Per Flat
- Communal Garden to Rear
- No Onward Chain
- 2 Ground Floor & 2 First Floor Flats
Welcome to this transformed building nestled in the heart of Easington Lane, now presenting an exceptional opportunity for astute investors. This converted structure now houses four deceptively spacious 1-bedroom flats. With two ground-floor units and two first-floor residences, this block offers a balance of convenience and privacy.
Step inside to discover the interior featuring well-appointed kitchens and modern shower rooms, designed to offer a seamless living experience. As you explore further, you'll find a communal garden at the rear, paved for low maintenance, offering a perfect blend of community living and personal space, secured by gated access for peace of mind.
Currently occupied by tenants, the four flats collectively yield an impressive monthly income of £1,700, promising an enticing annual return of 11.33% for potential purchasers.
FLAT 18A - £500 pcm (Ground Floor)
Shared Access Entrance Hallway
Living Room (2.76m x 4.21m)
Kitchen (2.64m x 2.09m)
Bedroom (2.65m x 2.68m)
Shower Room (1.60m x 1.90m)
FLAT 18B - £400 pcm (Ground Floor)
Shared Access Entrance Hallway
Living Room (4.70m x 3.20m)
Kitchen (3.30m x 2.40m)
Bedroom (2.80m x 2.70m)
Shower Room (1.90m x 1.60m)
FLAT 18C - £400 pcm (First Floor)
Shared Access Hallway
Living/Kitchen Room (4.70m x 4.50m)
Utility (1.20m x 3.00m)
Bedroom (3.30m x 2.70m)
Shower Room (1.80m x 1.50m)
FLAT 18D - £400 PCM (First Floor)
Shared Access Hallway
Living/Kitchen Room (4.40m x 4.30m)
Bedroom (3.30m x 2.50m)
Shower room (1.80m x 1.80m)
Water Meter - Yes
Places of interest
Kimmitt & Roberts - Houghton Le Spring
Imperial Buildings, 1 Church Street Houghton Le Spring DH4 4DJ
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Property reference KMM_HGH_LFSYCL_723_908283340. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Kimmitt & Roberts - Houghton Le Spring.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 17, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 17, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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