6 bedroom apartment
Key information
Features and description
- For sale by auction option 1
- 6 Apartment Building for Sale
- Fully Let -10% Yield
- Tenure - Freehold
- Modern Fittings Throughout
A ready made investment. An opportunity to purchase this substantial detached building which has been converted to offer 6 apartments. Three one bedroom flats and three two bedroom flats. The properties are all currently tenanted and verbally advised (awaiting copies of tenancy agreements) at a rate of £450pcm for each of the one bed flats and £500pcm for each of the two bed flats giving a combined total income of approx £34,200 per annum.
Each property does benefit from modern kitchen fitments, central heating and there is an enclosed/gated courtyard to the rear.
EPC rating: to be advised
Council Tax band: A
Tenure : Freehold
For Sale By Auction LIVE ONLINE AUCTION 29 February 2024 OPTION 1
Communal Entrance Hall
Flat One
Entrance Hall – radiator.
Bedroom One – 13’01 x 12’03 – radiator and window.
Bedroom Two – 12’02 x 11’06 – window and radiator.
Living Room – 15’03 x 11’03 – window and radiator.
Bathroom – three piece suite comprising bath, low level wc and pedestal wash hand basin.
Kitchen – 10’02 x 8’09 – range of wall and floor units with laminate worktop surfaces, built in electric oven and hob, sink unit and drainer and plumbing for washing machine.
Meter Room
Stairs to 2nd Floor
Stairs to First Floor Landing
Flat Two
Entrance Hall – radiator
Living Room – 16’07 x 13’02 – built in cupboard, tow windows to front elevation and radiator.
Bedroom One – 10’09 x 10’02 – radiator and double glazed window.
Bedroom Two – 13’09 x 9’04 – radiator and double glazed window.
Bathroom – suite comprising pedestal wash hand basin, low level wc, bath and radiator.
Kitchen 15’01 x 9’02 – range of wall and floor units with laminate worktop surfaces, electric cooker point, sink unit and drainer, plumbing for dish washer, double glazed window and radiator.
Stairs to Second Floor
Flat 3
Living Room – 16’05 x 13’02 – two windows to front elevation and radiator.
Kitchen – 19’07 x 11’11 – range of wall and floor units with worktop surfaces, plumbing for washing machine, sink unit and drainer, electric cooker point, plumbing for dishwasher, window and radiator.
Bedroom One – 9’11 x 9’08 – window and radiator.
Bedroom Two – 9’08 x 7’11 – window and radiator.
Bathroom – low level wc, pedestal wash hand basin, bath and radiator.
Flat Four
Entrance Hall – radiator and built in cupboard.
Cloak/wc – low level wc, wash hand basin and window.
Bathroom – bath and radiator.
bedroom – 13’0 x 8’11 – double glazed window and radiator.
Kitchen – 9’0 x 6’3 – range of wall and floor units with laminate worktop surfaces, sink unit and drainer, built in electric oven and hob and plumbing for washing machine.
Living Room – 12’0 x 11’11 – double glazed window and radiator.
Stairs to First Floor Landing
Flat Five
Entrance Hall -radiator, built in cupboard.
Kitchen – 10’11 x 10’1 – range of wall and floor units with laminate worktop surfaces, built in electric oven and hob, plumbing for washing machine, double glazed window and radiator.
Bathroom – three piece suite comprising bath, low level, pedestal hand basin and radiator.
Living Room – 15’10 x 12’06 – double glazed window and radiator.
Bedroom One – 11’08 x 11’01 – double glazed window and radiator.
Stairs to Second Floor
Flat Six
Disclaimer 1
None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see
Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.
Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
Details awaiting vendors approval.
Disclaimer 4
We are advised by the seller that the property has mains provided gas, electricity, water and sewerage.
The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.
Ofcom website states the average broadband download speed of 12 Mbps the fastest package at this postcode: DH5 9NF and mobile coverage is provided by EE, Three, 02 and vodafone
Disclaimer 5
Kimmitt & Roberts Estate Agents Limited have not inspected this property. The property details have been supplied by Agents Property Auction. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
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