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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£112,000
4 bedroom Mid Terrace Flat for sale, Sherburn Terrace, Consett, Durham, DH8
Features and Description
- For Sale Via Auction House North East
- Ideal Investment Opportunity
- Potential for over 10% Yield
- Both flats are Council Tax Band A
- EPC Rating C for both flats
TWO Spacious 2 bed Apartments in Consett on One Title!
Potential £1,200 PCM Rental Income!
Viewings available on request!
A rare investment opportunity comprising two spacious apartments on a single Freehold title in Consett, now both vacant and offering strong rental potential. Together, the flats are expected to achieve around £1,200 per calendar month combined, making this an attractive opportunity for investors.
The ground floor apartment features a welcoming entrance, a lounge open to the kitchen, two bedrooms including an en-suite, and a bathroom, with access to a shared rear yard. The first floor apartment offers a front porch, open-plan sitting room and kitchen, two bedrooms including an en-suite, and a bathroom, also with access to the shared rear yard. Both properties benefit from gas central heating and double glazing.
Conveniently located within walking distance of Consett town centre, the apartments are close to shops, bars, restaurants, schools, and the bus station. This investment offers immediate potential income and the flexibility to let both flats individually or as a single package.
Please note: Auction House have not personally inspected the property.
EPC Ratings: Available on legal pack.
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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.
Sherburn Terrace, Consett, Durham, DH8
Additional Information
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Property refQCO250360
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EPCC
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TenureLeasehold
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Council TaxA
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Local authorityDurham Council Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch
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Your Move Estate Agents Consett
Your Move Consett
30 Victoria Road, Consett, DH8 5AY
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Energy Efficiency Rating
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Current
70Potential
78CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs