This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1/1
£90,000
2 bedroom Flat for sale, Twizell Burn Walk, Pelton Fell, Durham, DH2
Features and Description
- Two Bedroom Apartment
- Sitting Tenant
- Popular Location
- EPC - C
- Council Tax Band - A
Presented to the market with sitting tenant and no onward vendor chain, this spacious first floor apartment makes an ideal investment buy with a healthy rental yield of around 8% available with the tenant currently paying £600pcm o a rolling/periodic basis.
This stylish, modern property features a neutral décor throughout, complemented by a sleek, contemporary kitchen equipped with integrated appliances and ample space for a cosy seating area.
Two well proportioned bedrooms are available with a modern three piece bathroom suite to complete the accommodation.
The apartment block is secured with an entry system, ensuring safety and peace of mind for residents.
Ideally located within a newly developed estate, the property offers convenient access to the amenities, schools, and services of Chester-le-Street.
AGENT'S NOTES:
This leasehold property is available with a 125-year lease starting from January 1st, 2015 (115 years remaining).
Ground Rent: £31.64 per quarter
Service Charge: £416.00 per quarter.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Twizell Burn Walk, Pelton Fell, Durham, DH2
Additional Information
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Property refQCT250149
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EPCC
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TenureLeasehold
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Lease length114 years
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Council TaxA
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Local authorityDurham County Council
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Ground Rent£127
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Ground Rent ReviewContact the branch
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Service Charge£1,664
Do you have a property you need to sell?
Your Move Estate Agents Chester-le-Street
Your Move Chester-le-Street
53 Front Street, Chester-le-Street, DH3 3BH
Mon - Fri09:00 - 17:00Saturday09:00 - 13:00SundayClosed
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Not energy efficient - higher running costs