No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Front elevation
First floor apartment lounge and bedroom
First floor apartment lounge and bedroom
£53,000
Added > 14 days

2 bedroom block of apartments for sale

Rennie Street, Ferryhill, County Durham, DL17
Auction
Save
Block of apartments
2 bed
2 bath
EPC rating: C*
333 sq ft / 31 sq m

Key information

Tenure: Ask agent
Council tax: Band A
Broadband: Ultra-fast 9000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • MID TERRACE PROPERTY WITH TWO SELF-CONTAINED APARTMENTS
  • BOTH FINISHED TO A HIGH STANDARD
  • MODERN KITCHENS
  • MODERN BATHROOMS
  • GAS COMBI BOILER TO EACH APARTMENT
  • EXCELLENT INVESTMENT OPPORTUNITY

A mid terrace property which is SPLIT INTO TWO SELF-CONTAINED APARTMENTS which are currently let at a COMBINED MONTHLY RENT OF £630. The first floor apartment is let at £330pcm with the ground floor apartment being let at £300pcm. Both apartments have been refurbished (2020) to a high standard by the current owners and offer easy to let apartments of a good standard with an EPC of C. The rear of the property has been recently insulated and both apartments are warmed by gas combi boilers. The ground floor apartment has a lounge/dining room/bedroom, a modern kitchen and a shower room. The first floor apartment is slightly larger and has a lounge/dining room/bedroom, a modern kitchen and a bathroom. Externally is a shared yard to the rear. An excellent investment opportunity. Viewing is strongly recommended.



This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Rooms

Communal Entrance Hall
Having a door to the ground floor apartment and a staircase leading to the first floor apartment.

GROUND FLOOR APARTMENT

Lounge/Dining/Bedroom
4.8m x 4.57m - 15'9" x 14'12"<br />Having a double glazed window to the front, a T.V. point and radiator.

Kitchen
Having a modern range of wall & base units with work surface space, plumbing for a washing machine, stainless steel sink unit with mixer tap, electric hob and oven, space for a fridge freezer, a wall mounted gas combi boiler, double glazed window to the rear and a door to the rear yard.

Shower Room
Having a large, walk-in shower cubicle, a wc, wash basin set in fitted storage unit, tiling and a double glazed window to the rear.

First Floor Landing
Giving access to the first floor apartment.

FIRST FLOOR APARTMENT

Lounge/Dining/Bedroom
4.9m x 4.04m - 16'1" x 13'3"<br />Having a double glazed window to the front, large storage cupboard, T.V. point, laminate flooring and a radiator.

Kitchen
2.97m x 1.93m - 9'9" x 6'4"<br />Having a modern range of wall & base units with work surface space, stainless steel sink unit with mixer tap, plumbing for a washing machine, electric hob with splash back and extractor hood, electric oven, space for a fridge freezer and a double glazed window to the rear.

Bathroom
Having a panelled bath with shower over, wc, pedestal wash basin, tiling, a radiator and a double glazed window to the rear.

Externally
To the rear of the property is an enclosed yard.

Places of interest

    We are about great customer focused service delivered by a team of people who are passionate about what they doDowen Estate Agents was founded in 1982 by Managing Director Denis Dowen He is still involved in the day to day running of the business Over the years the firm has continued to evolve and now has 8 branches along with 3 bespoke Auction Stores offering coverage of mid North East England from the coast to the A1 corridor Dowen is a full service estate agency offering a wide range of property related services The residential sales department has sold tens of thousands of properties over the years in all price ranges Dowen was a founding member of The Great North Property Auction which has exceeded 2000 sales since inception in 2012 The lettings department has hundreds of homes under management Private surveys and EPC's are provided to both corporate and private clients via a very busy professional survey department Conveyancing at competitive rates is offered via a panel of local solicitors Mortgages can be arranged via our panel of independent mortgage brokers We subscribe to the National Associations of Estate Agents, the Royal Institute of Chartered Surveyors and the Ombudsman For Estate Agents and as such abide by the strict code of good estate agency practice laid down by these organisations

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    Property reference 10415934. 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 Dowen - Spennymoor.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on March 23, 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 23, 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: obtained on September 6, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

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