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"Having been a rental property for the last 15 years with no significant void periods, this is an ideal investment opportunity. Having always been well maintained by the current owner, with recent investment in a new rear flat roof, rear yard wall, loft insulation and good quality blinds. Situated on a residential street just off Durham Road, the flat is always popular with prospective tenants. Purchasers could expect to achieve an approximate yield of 7% gross. The property would also suit a first-time buyer subject to vacant possession.
The neutral decor is of a good standard with a mixture of carpeting and laminate flooring. The layout of the flat has been thoughtfully altered in the past by the current owner to provide an improved kitchen with a built-in oven & hob, free standing fridge freezer and good range of units with black granite style laminate worktops and tiled splashbacks. The unit doors are beech effect but could be easily replaced for minimal cost to give a fresh look, but equally present well as they are. The fully tiled bathroom has a shower over the bath and there is a shaver light and socket. There is a spacious lounge with fire surround and inset. The rear lobby area (previously a small kitchen) is excellent for storage and laundry use and leads to the private rear yard via a back stairway. The combi boiler is situated in the lobby. The main bedroom is a lovely large room with lots of space for furniture, with original coving and cornice and the large window brings in plenty of natural light. The second bedroom would fit a single bed or could be used as a spacious office. For added security a burglar alarm has been fitted. Smoke and CO monitors fitted. Ideally situated for commuting, approx. 1/2 mile to the Metro, with excellent bus and road links.
The property is currently rented out to a professional tenant on an assured shorthold tenancy.
To arrange a viewing call please Acorn Properties on 0191 212 2020.
Lounge 4.3m

(14'1) x 3.04m

(10')
Spacious lounge with UPVC double-glazed window to rear aspect, fire surround and inset, storage closet to alcove, TV point. Neutral carpet laid to flooring.
Kitchen 2.81m

(9'3) x 2.37m

(7'9)
With UPVC double-glazed window to rear aspect an improved kitchen with a built-in oven & electric hob with stainless steel overhead extractor, free-standing fridge-freezer and a good range of units with black granite style laminate worktops and tiled splash-back areas. Beech effect unit doors could be easily replaced at minimal cost to give a fresh look, but equally present well as they are. Vinyl laid to flooring.
Rear Lobby
Originally a small Kitchen the rear lobby has UPVC double-glazed window to rear aspect, location of combi-boiler, leading to rear stairs and door to yard. Neutral carpet laid to flooring.
Main bedroom 4.46m

(14'8) x 3.24m

(10'8)
A lovely large room with lots of space for furniture, large UPVC double-glazed window to front aspect bringing in plenty of natural light, original coving and cornice to ceiling. Neutral carpet laid to flooring.
Main bedroom - additional

Bedroom Two 2.72m

(8'11) x 2.39m

(7'10)
A second bedroom also with UPVC double-glazed window also to front aspect, would fit a single bed or could be used as a spacious office. Neutral carpet laid to flooring.
Bathroom 1.91m

(6'3) x 1.51m

(4'11)
Fully tiled bathroom with UPVC double-glazed window to rear aspect has a low-level W.C, pedestal wash basin and panelled bath with shower over, shaver light and socket. Vinyl laid to flooring.
Landing
Stairs from front entrance leading to upper Landing, spindled staircase. Laminate laid to flooring.
Rear yard
There is a yard located to the rear aspect.
Parking
Parking is on street
Central Heating
Gas central heating with combi-boiler situated in the rear lobby/laundry area.
Double Glazing
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