2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Achievable Rent Of £450pcm/12.56%
- 2 Double Bedrooms
- Upper Flat
- Turn Key Ready
- No Upper Chain
- Double Glazing & Electric Heating
Situated in a popular area of Peterlee, this wonderful top floor apartment features two double bedrooms, a lounge with scenic elevated views across the adjoining area of parkland, a delightful kitchen, a bathroom and both double glazing and electric panel heating.
Achievable Rental income of £450pcm, giving a 12.56% rental yield.
Nesbitt road lies within reach of the town centre shops and amenities and the A19 which interlinks with all regional centres including Sunderland, Teesside and the historic City of Durham.
We have been advised that the property is Leasehold to Believe Housing and the lease term is 110 years with an annual charge of £190 incorporating the ground rent, service charge and buildings insurance. EPC rating: C, Council Tax Band A.
For further information and viewings please contact your local office[use Contact Agent Button].
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 100
Rooms
External
The block of three apartments is situated in a popular area of Peterlee with pleasant parkland views to the rear and a concealed bin storage area for the apartments positioned to the rear of the building.
Entrance
Situated at the side of the apartment block, the main communal entrance features a door intercom system to each individual apartment and a stairwell to the subsequent floor levels.
Entrance Hallway
Fire door entrance from the top of the communal staircase, a contemporary glass block wall to the lounge and internal doors providing access into the lounge, bathroom and the two double bedrooms.
Lounge Diner 5.47m x 3.19m (17ft 11in x 10ft 5in)
Providing lovely elevated south facing views across the adjoining area of parkland through a selection of double glazed windows, the lounge features two electric panel heaters, attractive laminated flooring and a door to the kitchen.
Kitchen 3.16m x 2.10m (10ft 4in x 6ft 10in)
The well appointed kitchen includes a wealth of wall and floor cabinets finished in white with contrasting laminated work surfaces integrating a one and a half bowl stainless steel sink and drainer unit complete with mixer tap fitments set below a double glazed window. Additional attributes include an electric oven and hob positioned below an elevated extractor canopy, plumbing for an automatic washing machine space for a fridge freezer and two useful storage cupboards with one concealing the water cylinder.
Bedroom One 4.36m x 2.82m (14ft 3in x 9ft 3in)
A wonderful master bedroom which offers elevated views through double glazed windows and an electric panel heater.
Bedroom Two 3.23m x 3.09m (10ft 7in x 10ft 1in)
Located adjacent to the master bedroom, this second well appointed double bedroom includes a double glazed window and an electric panel heater.
Family Bathroom
The bathroom comprises of an electric shower positioned over the panel bath, a low level W/c and a hand wash basin. Accompaniments include tiled walls and a double glazed window.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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Property reference 451784. 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 Pattinson - Peterlee.
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Broadband availability and predicted speed: obtained from Ofcom on June 23, 2023
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on June 23, 2023
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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 October 27, 2014 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.
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