Main image of 1 bedroom Flat for sale, Gibbs Court, Chester Le Street, Durham, DH2
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£30,000 Guide price

1 bedroom Flat for sale,
Gibbs Court, Chester Le Street, Durham, DH2

Features and Description

Auction Commencing on Monday 12th January at 1pm and ending 24 hours later on Tuesday 13th January at 1pm with Auction House North East

Please register to bid via our website - auctionhouse.co.uk/northeast

Buy-to-Let Opportunity | Tenanted | £6,900 Per Annum Income

Tenanted Investment Opportunity – £575 PCM

Offered for sale by auction is this well-presented one-bedroom ground floor flat, situated within the popular and established residential development of Gibbs Court, DH2 3DG.

The property is currently let and producing an income of £575 per calendar month (£6,900 per annum), making it an ideal buy-to-let investment for landlords seeking immediate rental return.

The accommodation extends to approximately 47 sq. metres (505 sq. ft.) and briefly comprises: entrance hall, spacious living room, fitted kitchen, double bedroom and bathroom. The property benefits from double glazing and a practical layout, suitable for long-term rental demand.

Gibbs Court, Chester Le Street, Durham, DH2

Additional Information

  • Property ref
    QCT250652
  • EPC
    C
  • Tenure
    Leasehold
  • Council Tax
    A
  • Local authority
    Durham County Council
  • Ground Rent
    Contact the branch
  • Ground Rent Review
    Contact the branch
  • Service Charge
    Contact the branch
Sharon Macfeggan Branch Manager
Sharon Macfeggan
Branch Manager

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Your Move Estate Agents Chester-le-Street

Chester-le-Street Branch Manager
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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Borrowing £27,000 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

69

Potential

77

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

68

Potential

80