Main image of 2 bedroom  Flat for sale, West Street, Birtley, Chester Le Street, DH3
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£69,950 Offers in the region of

2 bedroom Flat for sale,
West Street, Birtley, Chester Le Street, DH3

Chris Warren Branch Manager
Chris Warren
Senior Branch Manager
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Features and Description

  • Investment Opportunity!
  • Tenant in situ paying 500pcm
  • 8.57% Gross Yield
  • Approx. Floor Area: 61sqM or 656sqFT
  • Council Tax Band A
  • EPC RATING C

Investment Opportunity! Tenant in situ paying 500pcm. 8.57% Gross Yield against asking price.

AGENTS NOTE: Pictures are from May 2022.

Ground floor flat with front garden and rear yard.

Comprises: entrance lobby, hall with under stairs cupboard, front double bedroom, rear bedroom, lounge, kitchen with electric oven and hob, space for fridge/freezer, plumbing for washing machine and fully tiled bathroom with white suite, shower over bath and heated towel rail.

Combination gas heating system and double glazing.

We understand the flat falls into Council Tax Band A and is on a Tyneside Lease of 999 years from March 1986 leaving approx. 961 years remaining at the date of listing with no ground rent or service charges payable (Full details will be confirmed by solicitors).

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

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.

West Street, Birtley, Chester Le Street, DH3

Additional Information

  • Property ref
    QLF240103
  • EPC
    C
  • Tenure
    Leasehold
  • Lease length
    960 years
  • Council Tax
    A
  • Ground Rent
    Contact the branch
  • Ground Rent Review
    Contact the branch
  • Service Charge
    Contact the branch
Chris Warren Branch Manager
Chris Warren
Senior Branch Manager

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Borrowing £62,955 and repaying over 25 years with a 2.5% interest rate.

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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.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

72

Potential

76

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A